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Info Technologies' Named to Software Magazine's 19th Annual Software 500.

Software Magazine Ranks Info Technologies as One of the World's Largest

Software and Services Companies

SHREWSBURY, N.J., July 10 /PRNewswire/ --

Info Technologies Inc., a leading provider of information technology (IT) services to Fortune 500 companies, today announced its spot on the Software 500, Software Magazine's list of the world's foremost software and services providers, featured in the publication's June/July 2001 issue. Info Technologies was ranked 314 with IT services revenue of $27.1 million.

"Despite all the dot-com casualties, the Internet continues to change the way we do business and software plays a critical role," says John Desmond, Software Magazine's editorial director. "The CIOs, senior IT and e-business managers who read Software Magazine value this yearly benchmark of the standing of their product and service partners. Each year as suppliers consolidate and new markets emerge, the composition of the Software 500 ranking reflects those changes."

Bob Keegan, president of Info Technologies, noted, "We are pleased to be recognized as one of the world's largest software and services providers by Software Magazine. We have reached this distinction based on our commitment to consistently provide the highest possible level of service to our clients. This year, Info Technologies has expanded our New York and Pennsylvania offices, and opened a new office in Connecticut to facilitate our delivery of services to our growing client base. "

Software Magazine's annual compendium of software and services suppliers catalogs the ranking, financial performance and growth, and primary business sector for each company as well as trend information for the Software 500 as a whole. The Software 500 is a comprehensive look at the enterprise software landscape, encompassing both public and private companies that develop business software and services. The ranking is based on total worldwide software and services revenue for 2000. Suppliers are not ranked on their total corporate revenue, since many have other lines of business. Software revenue includes license fees, as well as maintenance and support revenue, professional services/consulting, and custom programming. The financial information is based on the calendar year and was gathered from Software Magazine's vendor survey, public documents and industry analysts.

About Software Magazine and Wiesner Publishing LLC

Software Magazine reaches 72,000 CIOs and senior IT managers in mid- to large-size organizations. Editorially the magazine is focused on the top 10 business priorities of its audience as determined by leading industry research firms. The magazine is a field guide to the products and services available to help its readers create a short list of vendors to consider for solving business problems. The BPA-audited magazine has a controlled print circulation of 72,000. Privately-held, Wiesner Publishing, Englewood, Colo., publishes 11 magazines.

Editorial Contact:

Amy Sauer

Software Magazine

508/875-3364

URL: http://www.softwaremag.com

About Info Technologies

Info Technologies [www.infotechnologiesinc.com] is a privately held professional services company that provides technical solutions to Fortune 500 companies nationwide. Services include consulting in all phases of the applications development life cycle, Web solutions, project management and desktop support. Info Technologies was recognized as the eighth fastest- growing private company by Inc. magazine in 1999. The company delivers a unique, highly efficient, industry-proven team approach to information technology solutions. The New Jersey-based company has a highly focused recruitment staff that consistently sources outstanding IT specialists. Info Technologies provides a full range of IT services in its development centers throughout the Northeast, and on-site for clients within the pharmaceutical, utility, telecommunications, transportation, financial and insurance industries nationwide.

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Date:Jul 10, 2001
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