Yonkers, N.Y., September 14, 2002 - Austin Computer Enterprises, Inc. has been named to Deloitte & Touche's prestigious "Fast 50" Program for New York, a ranking of the 50 fastest growing technology companies in New York, Westchester and Rockland counties. Rankings are based on five-year percentage revenue growth (1997-2001). These companies, which impact a broad spectrum of industries, are defying conventional wisdom by consistently expanding their revenues over a substantial period of time.

The company's methods are based on analyzing business processes and requirements to provide the proper technology for their clients. Austin "closes the gap" between systems and reduces the manual efforts to ensure data integrity. When it comes to interfacing with the highly specialized sub-systems that make up a complete OSS, in-depth industry expertise is a critical factor for any company's success.

The Company's software suites empower the end users to operate anywhere in the world on Private Virtual Networks. For any business entity, creating and maintaining a data system in-house can be costly, time consuming to develop and not secure when operational. This challenge poses an insurmountable task to an organization that does not primarily associate itself with technology or possess the significant resources necessary to undertake such a task. Since hardware and software technologies are growing exponentially, very few of these technologies are being utilized to their full potential. The Company solves this dilemma by delivering proven solutions that utilize the latest technologies, without requiring its client to provide the major IT infrastructure investments normally required to install multiple generations of new systems.

The Company currently has proven solutions for the Telecommunications Industry, Municipal Agencies, Political organizations, and Fleet Management.