Wireless Product Makes Real Estate . . . Real Time.

July 18, 2002

FOR IMMEDIATE RELEASE

Wireless Product Makes Real Estate . . . Real Time July 18, 2002

Ascot Technologies, Inc. announces powerful new wireless software for Real Estate Professionals, called AscotRE. The software which runs on a cell phone*, gives Realtors real time access to a wide variety of home listing information, including listing agent, square footage, price, schools, interior details, exterior details, and more.

Initial reaction to the product has been overwhelmingly positive. According to Mary Ellen Randall, CEO of Ascot Technologies, "we are very pleased with the speed, efficiency, and mobility of this product and believe it will provide value to both selling and listing agents."

	Real Estate Professionals have been beta testing this product around the Triangle area using cellular networks including ALLTEL and Verizon. "ALLTEL has supplied the demo phones for this product and they are working very well with this new software technology," said Patrick Lundergan, ALLTEL Business Sales Representative.
Glynn Rodean uses AscotRE Photo by Michael Horgan	"Vertical applications drive the wireless data business," said Don Sutherland, Associate Director of Strategic Accounts, Verizon Wireless. "Ascot Technologies' MLS solution targets a very mobile workforce providing them with a platform to better respond to their customers and increase productivity."

Roger Mix of Remax Highlander, said "What I like most about AscotRE is the speedy response and the comprehensiveness of the information it returns. The Kyocera phone is great, too. You get a Palm® and a cell phone all in one unit!"

Lenda Goulding of York Simpson Underwood, said "This product is easy for a non-technical person to use. It is much needed for both selling and listing and is a fabulous product to have!"

Glynn Rodean of Coldwell Banker Howard Perry and Walston, sums AscotRE up best, "this little tool, which is small only in physical size, is truly a business enhancer . . . It's the familiar MLS in a point and click environment."

AscotRE will be generally available to realtors in the Raleigh area in August. Ascot Technologies, Inc. is a Cary, NC based software and systems integration company, specializing in wireless applications.

Contact Information

Ascot Technologies, Inc.
1939 High House Rd. #233
Cary, NC 27519
(919) 388-1776

* Runs on Kyocera 6035 Smart Phone
Palm® is a registered trademark of Palm Computing