Corporate Profile for Millennia III, Sept. 26, 1997.

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Published Date:   Sept. 26. 1997

Company Name:     Millennia III Inc.

Address:          1 Gorham Island
                  Westport, Conn. 06880

Main Telephone
 Number:          203/221-1121

Internet Home
 Page Address
  (URL)           www,millennia3.com

Chief Executive
 Officer:         Vincent Mullineaux

Chief Financial
 Officer:         Sean Colletto

Investor Relations
 Contact:         Craig A. Mengel
 Business number: 203/291-0170

Public Relations
 Contact:         Allison Minaglia
 Business number: 203/328-9695
 e-mail address:  [e-mail]

Industry:         IT Consulting & Services/Year 2000

Market Makers:    Professional Services
                  End-to-End Year 2000 Solution Provider

Company description:

Millennia III was incorporated in 1996 to provide comprehensive solutions to a wide variety of information technology problems faced by companies worldwide with the approach of the Year 2000.(a) With headquarters in Westport, CT., and London, U.K., Millennia III utilizes the talents of leading international computer-technology experts in solving the vexing computer-date change problems that portend major business and service disruptions before and after the Turn of the Millennium.

Millennia III's approach involves a detailed analysis of a client's Y2K problems and liabilities, then the design and implementation of a highly customized and comprehensive solution, utilizing state-of-the-art tools and resources. In September, 1997, Millennia III announced CAMPUS2000, a consortium of leading computer service providers, including HCL James Martin, COSI (Computer Outsourcing Services Inc.) and EMC Corporation. Drawing from the specialized resources of each member of the consortium, CAMPUS2000 provides a complete and flexible framework for Y2K conversion, testing and redeployment. In addition, Millennia III has developed a unique product, ALTER2000, which has been proven to greatly increase the speed and reliability of programming corrections made on IBM Assembler code, used at the core of thousands of mainframe computer systems.

Millennia II's clients include major global corporations in the manufacturing, financial services and health care sectors. One of the fastest growing companies of its kind, Millennia III was co-founded by its President and CEO, Vincent Mullineaux, who was co-founder (in 1993) and President of Paradigm Systems Corp., a UNIX systems-management and Internet/World-Wide Web management business. In 1996, Mr. Mullineaux engineered the integration of Paradigm into Platinum Technology (Oak Brook Terrace, IL), a large, publicly traded software and services company.

(a) The much-publicized "Y2K" or "Millennium Bug" problem is inherited from computer programmers who used two digits instead of four when writing code for year dates, i.e.: 97 for 1997. The problem occurs when computer systems recognize dates like 2000 as 1900. Industry analysts have predicted major disruptions, minor inconveniences, significant legal liabilities, and an estimated cost of $600 billion worldwide to fix the Y2K problems, which must often be done on a computer-by-computer, line-by-line of code basis.

CONTACT: Millennia III Inc.