Cole Computer Corporation Announces Strategic Alliance With Engineering and Professional Services Inc. for Government Sales.

Business Editors/High-Tech Writers

OKLAHOMA CITY--(BUSINESS WIRE)--Aug. 21, 2000

Cole Computer Corporation (OTCBB:COLV), an Oklahoma City-based manufacturer of personal computers, announces a strategic alliance with Engineering and Professional Services Inc. ("EPS") whereby Cole becomes an EPS source vendor for computer hardware.

As part of its effort to capture a meaningful share of the public sectors demand for computer hardware, Brad Cole, founder of Cole Computer Corporation announced today a strategic alliance with Engineering and Professional Services Inc. (EPS), a premier contractor providing engineering services and products to the government, military and private industry worldwide. EPS corporate headquarters is in Tinton Falls, N.J., with facilities in Augusta, Ga., Fayetteville, N.C., Fairfax, Va., Kansas City, Kan. and Mannheim, Germany. The company has grown to over 225 employees. It is recognized for providing the highest quality engineering and technical services with an energetic staff that has breadth, knowledge and a dedication to quality performance. EPS has combined their resources with premier teammates to win contracts from the General Services Administration (GSA) with an authorized value of over $2.9 billion, and the U.S. Armys Communications and Electronics Command (CECOM) valued at $1.3 billion for a total of $4.2 billion in outstanding contract awards.

EPS customers include the GSA Program Offices, all Federal Agencies, authorized Federal Contractors, Agency-Sponsored Universities and Laboratories, and authorized State, Local and Tribal Governments.

Mr. Frank A. Musorrafiti, president of EPS, stated that, "The high quality Cole product line, with its high performance AMD Athlon(TM) processors fits very nicely into the products and services we provide to our customers. We will add these products to our existing contractual vehicles. My staff will articulate Cole's products' capabilities to our customers, providing a tremendous opportunity for increased sales. I look forward to a very successful relationship with Cole."

Brad Cole stated that, "We are very excited about our newly formed alliance with EPS, whose recognized engineering and marketing ability will enhance the acceptability by the public sector of the Cole product line. I am anticipating strong revenue growth as a result of this alliance."

Cole Computer Corporation manufactures and sells wholesale and retail "Ready-to-Go" and customized personal computers. Each system is manufactured with quality components and given the Cole Computer personal touch. Additionally, the company sells components to repair, upgrade or build complete personal computers. For more information on these goods and services, visit the Cole Computer e-commerce Web site at http://www.okcmasters.com, the Cole Computer home page at http://www.colecomputercorp.com or one of the company's 11 retail outlets operating under the trade name "Computer Masters" in Oklahoma, Arkansas and "Your Computer Masters Store" in Texas.

Cole Computer's corporate strategy combines the custom-designed to your specifications, model with the "small town" America Wal-Mart (NYSE:WMT) approach, coupled with personalized service.

Except for factual information contained herein, certain matters set forth in this press release are forward-looking statements that are subject to uncertainties, including, but not limited to, government regulation, taxation, spending, competition, general economic conditions and other risk factors. For additional information concerning Cole Computer Corporation, please contact our investor relations representative, Juan Ferreira of Corporate Image Bureau, at 407/774-1529. You may also visit our Web site at http://www.colecomputercorp.com. Quote for referenced ticker symbols: COLV.OB.