Microsoft's Executive Briefing Center Integrates TrueTime's Network Time Server.

Business Editors/High-Tech Writers

SANTA ROSA, Calif.--(BUSINESS WIRE)--Oct. 2, 2000

TrueTime, Inc. (Nasdaq:TRUE), a leading provider of precision time and frequency products, today announced that Microsoft's Executive Briefing Center has implemented TrueTime's NTS-200 High-Performance Network Time Server to provide Stratum 1 timing.

TrueTime's NTS-200 accurately synchronizes clocks on servers and workstations across entire enterprise networks. Synchronization is critical for network log-file accuracy, billing systems, e-commerce and B2B transactions, database integrity, software development and many more applications essential in today's corporate enterprises.

Microsoft's Executive Briefing Center is a glass enclosed state-of-the-art data center where customers can see the latest technology and hardware running Microsoft's suite of software. These high-end systems need to be properly and accurately synchronized for optimum performance. Ben Risher, lead program manager of the Executive Briefing Center at Microsoft stated, "TrueTime's NTS-200 Time Server will allow us to optimize the network synchronization in the Executive Briefing Center. Furthermore, the NTS-200 Time Server has proven reliability, ease-of-use, easy remote access and can reside inside our firewall for increased security."

"We are very proud to have been chosen by Microsoft to provide our precise timing solutions for their Executive Briefing Center. This is one more example of the quality and reliability of TrueTime's systems and our continuing efforts to develop strategic relationships," said Lisa Withers, TrueTime's president and CEO.

About the NTS-200

The NTS-200 derives accurate time directly from the atomic clocks aboard the GPS satellite system. By using an integrated, 12-channel GPS receiver, every visible satellite can be tracked and used to maintain accurate and reliable time. Using the Network Time Protocol (NTP), servers and workstations on the network automatically synchronize their clocks to the NTS-200. This synchronization process is repeated frequently as computer clocks are notorious for drifting away from the correct time. Ease-of-use and remote access are key attributes of the NTS-200 state-of-the-art user interface. Designed with the network administrator in mind, the NTS-200's built-in web pages offer current status information and full control of the server. Protocols such as SNMP and FTP are supported for automated monitoring of the server and convenient remote system upgrades. The rack-mounted unit is easily installed and quickly brought online with a few front panel keystrokes. An auto-detect 100BaseT/10BaseT interface easily integrates with existing Ethernet network equipment.

Why Time and Synchronization is Vital for Today's Growing Networks:

Precise time and synchronization is vital for voice, data, video and e-commerce applications. Converged voice and video applications have timing requirements that demand an ever-increasing reliability and accuracy not realized with conventional computer clock systems. E-commerce applications including electronic fund transfers, stock trading, legal filings, medical record annotations, billing systems and other applications are dependent on accurate time -- usually traceable to Universal Time Coordinated, UTC. In addition, the network infrastructure relies on many time-dependent processes: fault diagnostics, network security algorithms, file ordering, database integrity, and others.

For more information on TrueTime and its innovative timing and synchronization solutions, visit their web site at www.truetime.com.

About TrueTime:

TrueTime, Inc. designs, develops, manufactures and markets precision time and frequency products that are essential components used by many technology based markets to provide greater accuracy and resolution than can be obtained from conventional timing devices. TrueTime, Inc. is traded on the Nasdaq National Market System under the symbol "TRUE."

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934. All statements other than statements of historical fact included herein, including statements regarding potential future products and markets, the Company's future financial position, business strategy and other plans and objectives for future operations, are forward-looking statements. Additional important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's Registration Statement on Form S-1 (Reg. No. 333-90269), and in quarterly reports in form 10-Q on file with the SEC, under the heading "Risk Factors" and elsewhere. In particular, without exclusion of other risks, the success of our business involves the risks of successful product introductions, strategic agreements and entrance into new market segments, technological changes, strong competition and dependence on component suppliers, government spending and the general growth and success of the industries and customers we serve. Further, all written and verbal forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by such factors.