Announcements

FOR IMMEDIATE RELEASE FOR MORE INFORMATION:
PC Imageware Corporation
Nick Francis (416) 449-0740
www.pci-corp.com

PC Imageware Corporation Breaks Price/Performance Barrier With
New Asset Tracking Software

Asset Minder Pro Creates New Category For Asset Tracking Systems

TORONTO, Canada June 3, 1997-- PC Imageware Corporation, experts in the development of shrink wrap Document Imaging Software applications, have broken new ground today with the introduction of Asset Minder Pro a powerful, easy to use, 32 bit Windows application designed for tracking assets throughout their lifecycle to maximize utilization and reliability while reducing total cost of ownership. Asset Minder Pro for Windows 95 and NT Workstation is the first LAN ready, affordable software solution providing the highest price/performance ratio on the market to attack the growing problem of tracking assets - especially moveable technology assets -- in small to mid-sized companies.

Asset Minder Pro uses "location-centric" asset tracking (with bar code labeling), valuation and maintenance scheduling to put businesses in control of where their assets, particularly "moveable" IT assets are, increase reliability and reduce costs.

A report by the Gartner Group estimates that a networked PC costs $11,900 (U.S.) per node for hardware, software, support, administration and operations. They also estimate that a savings of 26 per cent can be achieved with proper deployment, support, platform standardization, "best-of-breed" selection and asset management procedures. They estimate that "best-of-breed" selection alone can account for a 15 per cent savings. For example, simple tracking of on-site/off-site assets in IT dependent companies, particularly those with mobile workforces, will reduce asset loss or shrinkage.

"Tracking moveable assets has become a major problem for companies of all sizes, and most of them don’t know where to begin to find a solution," explained Nick Francis, President of PC Imageware. "Until now companies have had to invest anywhere from $2,000 to $50,000 on software alone often for solutions less feature rich and robust in terms of tracking than Asset Minder Pro and this has left smaller businesses out of the market. With Asset Minder, small to medium sized companies can take control of their assets quickly and efficiently without having to appoint large implementation teams, conduct feasibility studies, change hardware platforms or spend a lot of money."

Features and Benefits

For companies that need to get started on an asset tracking program, Asset Minder Pro is simple to install and easy to use. Import filters make start-up swift if contacts or other data already exist while the export filters allow for easy transfer to external applications for other uses. Pop-up alarms ensure maintenance schedules are met, off-site equipment is returned and assets are not lost. Scanning (or import of OLE attachments) of supporting documentation like LAN diagrams, invoices, spec sheets or warranty cards speeds service and decision making while simplifying upgrade planning and implementation. Having an accurate database of information detailing asset locations, warrantor’s and upgrade paths has the added benefit of providing a serialized asset list to ensure optimal insurance coverage is in place and depreciation expensing is being used to maximum tax advantage.

The creation of

Markets For Asset Minder Pro

Designed for small to medium sized companies with 15 to 300 employees, Asset Minder Pro is ideal for information technology intensive organizations. Software developers, Professional services firms including Advertising, Legal, Financial and Consulting as well as Health Care Facilities including clinics and hospitals will see immediate benefit from Asset Minder Pro.

Pricing and Availability

Available in Q3, 1997, Asset Minder Pro is aggressively priced at $399 Cdn for the Server version and $199 Cdn per Workstation version and comes with a 30 day money back guarantee. Companies can purchase the product directly from PC Imageware or through Value Added Resellers.

Minimum system requirements include a 486-Dx66; 15 MB hard disk space; 8 MB RAM, Mouse or compatible pointing device; CD-ROM; Windows 95 or NT Workstation. Optional devices include: Windows 95 compatible barcode scanner (capable of reading code 39); TWAIN compliant image scanner; Windows label printer; Windows printer.

PC Imageware Corporation, founded in 1995 and headquartered in Toronto, Canada, develops shrink wrapped PC based Document Imaging Software applications for small to medium sized businesses around the world. PC Imageware’s focus is to provide products and solutions for emerging market categories that increase productivity and maximize savings. PC Imageware Corporation can be found on the World Wide Web at http://www.pci-corp.com or, toll-free, at 1-888-Imageware (462-4392).

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