Centennial Technologies Introduces Its Compact Linear Flash Family.

WILMINGTON, Mass.--(BUSINESS WIRE)--October 7, 1999--

CENTENNIAL TECHNOLOGIES, INC. (OTC BB:CENL) today formally introduced its Compact Linear Flash (CLF) product line.

"Customer acceptance of the new CLF product line is very encouraging and demonstrates the positive results of Centennial's customer-driven development strategy," said Richard Stathes, Centennial's Senior Vice President of Sales and Marketing. "While developing the CLF product, attention was focused on providing customers with a linear flash memory storage device suitable for use in applications with specific size limitations. We believe that this product offers an excellent alternative to embedding flash in a design. It gives OEM customers the flexibility to increase memory densities as applications grow, without having to endure costly PCB relay outs."

Centennial's CLF card currently offers up to 48 megabytes (MB) of available memory and provides a flexible, convenient storage medium to customers interested in utilizing flash memory in a small (3.3 x 36.4 x 42.8 mm), reliable form factor. The CLF product has been designed for both 3 and 5-volt applications.

The CLF product line has been designed for use in a wide range of applications including telephony, medical instrumentation, networking equipment and virtually any device currently using embedded flash. We expect customers to view the CLF product as the ideal solution to simplify upgrading procedures as they consider replacing embedded memory with a removable form factor. Production shipments of Centennial's CLF product are now available.

This press release contains forward-looking statements. The matters expressed in such statements are subject to numerous risks and uncertainties, including, without limitation, market acceptance of the Company's CLF product line, the continued development and utilization of computing and electronic equipment that utilize the Company's CLF products, the Company's ability to compete with other manufacturers of PC Cards, the Company's ability to adapt to increased pricing pressures, the Company's ability to keep pace with rapid technological changes, evolving industry standards and rapid product obsolescence, the Company's ability to obtain sufficient quantities of computer memory chips and other electronic components used in its CLF product line at competitive prices and other risks identified in filings made by the Company with the Securities and Exchange Commission.

Centennial Technologies, Inc. provides custom and industry standard PC Cards for original equipment manufacturers. Centennial is a global leader in the integration of patented and proprietary technology into application specific cards for commercial, industrial and military markets. The Company's headquarters and ISO 9001 certified engineering and manufacturing facility is located in the Boston, Massachusetts area, with sales and services offices in California, Florida, New York, North Carolina, Indiana and Pennsylvania. The Company's international sales and service operations are headquartered in the United Kingdom. More information about Centennial can be obtained on the Internet at http://www.cent-tech.com.