Focus on technology will maintain your market share.

In today's growing marketplace, companies frequently lose market share as a result of their technological limitations, spatial considerations, and skyrocketing overhead costs. As the Millennium approaches, the demand for real estate that can anticipate and adapt to the technological and business service challenges of the next century has grown exponentially.

A short time ago, many parts of the world seemed so distant. Now, through advanced telecommunications and Internet technology, they are merely seconds from our reach.

Technological standards of today will emerge from this century with a new paradigm for the future. Consequently, organizations that are leading the way into the Millennium will demand a superior hightech environment in addition to professionally-equipped office buildings. Therefore, the real estate industry must re-invent itself. Businesses in the new era will require telecommunications and Internet services that enhance productivity. The delivery and economic cost structure of these services will be a critical element in one's ability to compete globally.

We are pleased to introduce a real estate organization created specifically to address and meet these needs. The Media Technology Centers is a real estate organization capable of providing a full spectrum of telecommunication and Internet services. In association with Econotek, a New York State licensed telecommunications carrier, the Media Technology Centers (MTC) provides small businesses, entrepreneurial ventures and large, established firms with cutting-edge telecom services and high-speed Internet access faster, more economically, and with a superior network.

As we near the Millennium, it is vital that businesses - large and small - have the tools to adapt and perform profitably within this ever-evolving technological environment. A company's "corporate image" and the sophistication and reliability of its IT equipment can dramatically affect its sales, market share, and ultimately, its survival. The Media Technology Centers specifically provides businesses with the infrastructure necessary to meet these requirements and thrive in the next century.

While relocation can be a tedious - even daunting - process, MTC provides all the services necessary to establish a company in a modern and professional office space that truly meets their clients' needs significantly faster than any competitor. In fact, MTC's leasing division, AM Property Holding Corp., which is run by Jack and Paul Wasserman, assists tenants with such transitions. They facilitate customer design preferences, customize suites, and can assist tenants in lease documentation signings within 48 hours, if necessary.

Media Technology Centers also provides a unique "business incubation" feature for its customers. At the MTC, start-up companies can rent office space as small as 100 square feet, then grow and reconfigure themselves within the same building by taking advantage of flexible short- and long-term leasing options. Tenants retain phone numbers and telecommunication services, thus eliminating timely setbacks and costly delays.

In addition to each site's modern amenities, Econotek provides unusually quick installations and constant maintenance of all tenant telecommunications systems and apparatus through experienced on-site support. Tenants enjoy the crucial benefit of extremely reliable operation, since each MTC site has a central office switch, utilize dual fiber entry, and features "Sonet" (Synchronous Optical Network) or redundant network architecture. With Econotek, customers in MTC properties have rapid access to the most up-to-date technology can surf the Internet via high-speed T-1 lines/connections at extremely competitive prices, and no longer face the anxiety of dealing with "The Phone Company."

Furthermore, one of MTC's corporate mandates is to encourage productivity in the workplace by providing a distinctive environment that is as visually appealing and psychologically stimulating as it is professionally provisioned.

We believe real estate should be a form of entertainment. Most people spend more time in the office than they do at home. We believe that surrounding people with an interesting and unusual environment, as well as providing them with workspaces that they will enjoy, can significantly increase productivity.

Via dramatic architectural modifications and striking design elements such as holographic displays, the MTC workplace is transformed into an area of innovation, entertainment and inspired creativity - an environment in which people look forward to going to work.

Finally, Media Technology Centers offer flexible leasing, first-class concierge services, premium telecommunications products and services, in-house restaurants and health clubs. MTC services are easy to access, extremely affordable, and of the highest professional quality. The Media Technology Centers have proven themselves to be timely, reliable and cost-effective. Its business philosophy is based on serving one customer at a time, and its success is built upon performance and trust. At the Media Technology Centers, businesses can thrive in a truly professional and inspiring environment, and in so doing, compete more effectively.

Media Technology Centers owns and operates the following office sites:

65 Broadway: Designed for the new millennium, Media Technology Centers' flagship site offers exceptional high-tech capabilities in an architecturally significant landmark building. This 351,000 square-foot office embodies premier Financial District real estate, and will soon feature a super high-tech lobby whose astounding holographic displays and active multi-colored illumination will create one of the most dramatic and visually stunning lobbies in New York City. Additionally, tenants benefit from TCIP tax abatement exemptions, and receive substantial energy savings. The offices are luxuriously appointed and are part of the Plug 'n' Go program - a support network for technological companies seeking pre-built Internet-ready office space. In addition to housing two back-up generators, 65 Broadway will initially feature OC-48 connectivity and dual entry to provide a complete redundant telecommunications network.

75 Maiden Lane: Another prime Downtown location, 75 Maiden Lane offers a superb and thoroughly modern office environment which features 24-hour access and currently offers OC-12 capability. The site also features a health club, restaurant and bar, and its desirable Financial District location offers extremely attractive ICIP tax abatement advantages and energy savings. Suites here are designed for expansion, providing optimum residency for today's rapidly growing technology-oriented companies.

352 Seventh Avenue: Dubbed the "Mecca for High Tech," our premier Midtown location is situated just south of Madison square Garden. The site provides unique opportunities for tenants who desire convenient, affordable proximity to the Flatiron District's Internet corridor. Amenities abound here, and its 95 percent rental occupancy over the last five years serves to underscore the site's quality, affordability and convenience.

1025 Old Country Road, Westbury, Long Island: Due for completion later this year, this one-of-a-kind site will become Nassau County's first fully-operational high-tech office property. Completely outfitted initially with OC-3 connectivity, the space also offers maximum bandwidth reception, and provides superior telecommunications capabilities and affordable Internet access - all in one very convenient location. Occupancy is expected in Fall of i999.

Jeff Wasserman Chairman Media Technology Centers