Caterpillar Signs 5 Year Global Pro/ENGINEER Training Contract with RAND Worldwide.

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Aug. 26, 1999--

Rand A Technology Corporation (TSE:RND), operating as RAND Worldwide(TM), today announced that it has been awarded a 5 year worldwide training contract with Caterpillar Inc.

Under the agreement RAND Worldwide, in conjunction with the Caterpillar Training Institute, will provide Pro/ENGINEER CAD/CAM/CAE software training and RAND User Assessment Programs to Caterpillar employees, suppliers and dealers.

"RAND Worldwide possesses a unique expertise that can only be gained through years of global experience implementing, supporting and maximizing the productivity of Pro/ENGINEER software", said Brian Semkiw Chief Executive Officer of RAND Worldwide. "We have worked closely with Parametric Technology Corporation, the developers of Pro/ENGINEER since 1988. This, in addition to our commitment to excellence and global presence, I believe, has made RAND Worldwide the right choice to provide this solution."

About RAND Worldwide

The RAND Worldwide integrated solutions approach has helped over 10,000 customers worldwide to become more competitive and profitable, by reducing product development costs and accelerating the time to bring new products to market. In addition to Mechanical Design Automation solutions, RAND Worldwide offers their customers a portfolio of internally developed software and professional services that make its customers' mission critical systems more robust and efficient. Additionally, RAND Worldwide offers technical education and support, hardware and network integration and a centralized toll free telephone number for increased customer support. The RAND Worldwide difference is offering companies the advantage of purchasing a total solution.

Currently, RAND Worldwide is comprised of over 1,000 professionals in over 90 offices spanning the globe. The RAND Worldwide corporate head office is located in Mississauga, Ontario, Canada. RAND Worldwide can be reached at 877/726-3243 or through the Internet at www.rand.com

About Caterpillar Inc.

Caterpillar Inc., headquartered in Peoria, Illinois, is the world's largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. 1998 revenues for Caterpillar Inc. totaled close to $US 21 billion.