Micros-To-Mainframes, Inc. Triples Second Quarter Net Income.

Business Editors

VALLEY COTTAGE, N.Y.--(BUSINESS WIRE)--Nov. 14, 2001

-- Quarterly Earnings Per Share doubles and Six Month Earnings Per Share
Increase by 400%

-- Six Month Earnings $.04 vs. $.01

-- Book Value Approximately $2.93 per share

Micros-To-Mainframes, Inc. ("MTM") (NASDAQ: MTMC), a single source provider of advanced technology solutions, including design and consulting services, communications services and products, Internet/Intranet development services, and network management services, today announced unaudited financial results for the second quarter and six months ended September 30, 2001 (fiscal 2002).

The Company had net income for the six-month period ended September 30, 2001 (the " fiscal 2002 six month period") of approximately $182,000 or $.04 per share as compared to approximately $26,000 or $.01per share for the comparable 2001 period; and $91,000 or $.02 per share for the fiscal 2002 second quarter as compared to $34,000 or $.01 per share for the comparable quarter in the prior fiscal year. This increase in earnings was attributable to the decrease in costs attributable to expenses associated with the continued investment in Pivot Technologies, Inc. and the decrease in salaries and expenses in all other areas of MtM.

Net revenue decreased to approximately $37,458,000 for the six months and $17,591,000 for the second quarter, as compared to $42,447,000 for the six months and $20,819,000 for the second quarter of the prior year. The decrease in net revenue was primarily attributable to the softening of the general business environment of the U.S. economy. There was a decrease in procurement and IT services projects as anticipated in our cost cutting budget accomplished in our first quarter.

"We are pleased that we were able to increase our profitability despite the challenging business environment," said Steven Rothman, President and CEO. "The concerted effort and advances in providing Wide Area Network Consulting, Engineering, Network and Security Management, as well as the services in Communications, Security, Internet/Intranet, Citrix Systems Inc. (NADAQ: CTXS) and Microsoft Corp. (NASDAQ: MSFT) consulting services and System Design, reflects a demand by our clients for additional professional services. Our investment in the Pivot(TM) Remote Network and Security Management offering continues to provide these services to new and existing clients. Like many others, we have been impacted by the tragic events of September 11th and the significant disruption it created for our business. However, we have been engaged in Disaster Recovery projects for various clients impacted and our business has regained previous levels of activity."

Howard Pavony, Chairman, also commented, "MtM is very excited about our 2nd quarter performance because we have many new Professional Services clients and have added some significant service components to our business. During this quarter, MtM provided significant new Disaster Recovery solutions to some of the largest Global accounts in the region. These solutions required significant amounts of consultative services, outsourcing and strategic product rollouts to resolve the business continuity problems encountered by our largest clients. In addition, MtM has developed its own in-house recruitment and personnel capabilities to meet the demands of our clients for professional technical personnel to outsource and complement key projects, new engagements and critical new components of their businesses. MtM expects our on-going strategic outsourcing to be greatly enhanced and boosted by the In House programs we have developed this quarter. We have also seen a boost in our upcoming consulting pipelines through new potential rollouts in the Windows 2K space, the Microsoft XP area, the Server based computing space for application sharing and disaster recovery as well as Security, Network Management and Infrastructure requirements."

Mr. Rothman concluded, "Our financial position, since our return to profitability for our second successive quarter continues to grow stronger, with shareholders' equity increasing to $14,674,000 and a book value per share of approximately $2.93. MtM's strong balance sheet will enable the company to grow internally, while continuing to investigate growth and acquisition strategies that focus on growth in the Network Managed Services arena and improved shareholder valuation."

Mr. Rothman will conduct an interview with CEOcast, Inc. at 9:00 a.m. EST on Tuesday, November 14th. Investors may e-mail questions in advance of the interview to [e-mail].

Micros-to-Mainframes is a premier provider of network analysis & diagnostics, management, architecture, design, implementation and support services, as well as technology acquisition and deployment workflow management systems serving the New York Tri-State area since 1986. Micros-to-Mainframes' practices in Network Analysis, Network & Systems Management, Internet Services, IT Consulting, Data & Network Security, Network Infrastructure Engineering, Integrated Communications, Technology Acquisition and Deployment Workflow Automation and Enterprise LifeCycle Managed Services create a comprehensive computer and communication services suite. The Company maintains sales, technology labs, help desk, network management operation centers, training and service facilities in Valley Cottage, New York, New York City, and Connecticut. Micros-To-Mainframes is an authorized reseller/partner for Intel Corp, IBM, Dell Computer, Compaq Computer, Hewlett Packard, Cisco Systems, Citrix, Axent Technologies, AT&T, Microsoft, and Novell. For more information visit our web sites at www.mtm.com, www.orderpc.com, www.1director.com and www.pivottech.com.

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, and other risks described in the Company's Securities and Exchange Commission filings.