The CattleSale Company to Acquire Equity Position in IDComm Inc.

Business Editors/High-Tech Writers

SAN ANTONIO--(BUSINESS WIRE)--April 22, 2004

The CattleSale Company (OTCBB:CTLE) announced today that it has entered into a letter of intent to acquire a 45 percent equity position in IDComm Inc. IDComm has proprietary software for Distributed Database Technology using RF Tags and 2-D Barcode structures. IDComm Inc., headquartered in Santa Clarita, Calif., is an industry leader in distributed database technology software (SmartWare(tm)) and integration systems for the identification and traceability of objects that move from database to database, industry to industry and country to country. IDComm has successfully implemented SmartWare(tm) technology along with read/write hardware into the cattle industry through licensing arrangements with CowTek Inc., which has previously executed a letter of intent to be acquired by CattleSale. IDComm presently is developing programs targeted at six industries. Two of these programs are designed for maintenance and identification systems using RF Tag technology and one program is designed for large values used extensively in the power generation and refinery industry. Large equipment companies, such as farm equipment and trucking concerns, also have a need for this type of ID and maintenance record-keeping capability. A specific product for the shipping industry is being developed using the SmartWare(tm) technology to replace the Bill-Of-Lading paperwork, which will modernize and streamline the import and export of products worldwide.

CattleSale's proposed investment in IDComm follows the letter of intent to purchase CowTek Inc. announced last month. IDComm owns the patents on the SmartWare(tm) technology licensed to CowTek Inc.

The proposed acquisition is structured around the issuance of shares of The CattleSale Company's $10 Convertible Preferred Stock B and stock options of The CattleSale Company's common stock. The proposed transaction has an expected close date of May 1, 2004, and is contingent on final due diligence, a definitive purchase agreement and approval of both companies' board of directors. The letter of intent also provides The CattleSale Company with a five-year option, beginning 12 months after closing, to purchase an additional 10% of the common stock of IDComm at fair market value to be defined in the definitive Purchase Agreement.

"This acquisition not only adds a very attractive investment to the company's asset base, but it will also protect CattleSale's investment in CowTek insuring long-term stability and growth of both businesses. The proprietary software technology that IDComm has developed for the RFID world is very exciting. Tracking and providing historical data that can reside on the product is definitely the wave of the future," stated David Geiman, CattleSale CEO.

"We are excited about having CattleSale Company as an investor in our company and having their representation on our board of directors," said George Davlantes CEO and co-founder of IDComm Inc.

This press release contains forward-looking statements about the business, financial condition and prospects of the Company. The actual results of the Company could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties, including without limitation, the risks associated with entering into a new line of business, changes in product demand, the reliability of the Internet, changes in competition, economic conditions, new product development, changes in tax and other governmental rules and regulations applicable to the Company, and other risks indicated in the Company's filings with the Securities and Exchange Commission. These risks and uncertainties are beyond the ability of the Company to control, and in many cases, the Company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements. When used in this press release the words "believes," "estimates," "plans," "expects" and "anticipates" and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.