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FOR IMMEDIATE RELEASE
Contact: John Richardson, CEO, CIMNET Inc.
(610) 790-1800 x1807, johnr@CimnetInc.com
CIMNET Announces 2004 Initiatives and 2003 Milestones
Robesonia, PA, January 7, 2004
(BUSINESS WIRE) CIMNET®, Inc. (OTCBB: CIMK - News), a leading developer of Manufacturing Execution System (MES) software, today announced its Initiatives for 2004 and Company milestones achieved in 2003
John Richardson, CIMNET's CEO, stated, "Based on the last several months of planning and executing initiatives from 2003, CIMNET is ready to announce our strategy for growth in 2004. We are excited about our prospects and where the Company is heading in terms of technology, industry focus and market penetration."
During 2003, CIMNET accomplished the following:
| -- CIMNET secured resellers to assist with the sales and |
| implementation of Factelligence™, its MES Software |
| application, in the United States, Mexico, Canada, |
| Switzerland, France, Poland and Russia. |
| |
| -- CIMNET secured a reseller partnership with a global automation |
| company to resell Factelligence worldwide in specific industry |
| verticals. |
| |
| -- CIMNET secured pilot projects in major industry segments |
| including: |
| |
| -- Medical device facilities related to medical equipment |
| fabrication and orthopedic manufacturing for replacements |
| and implants |
| |
| -- Food and beverage industries related to soft drink |
| production and chicken/meat processing |
| |
| -- Consumer packaged goods (CPG) related to life sciences |
| packaging |
| |
| -- Discrete manufacturing related to metal working, machining |
| and assembly |
| |
| -- CIMNET released version 2.0 of its Factelligence software |
| application. The release signified a continuous improvement |
| effort by CIMNET to release best in class software with |
| additional functionality and best in class practices for our |
| customers. |
| |
| -- Finally, a food and beverage manufacturer utilizing CIMNET's |
| Factelligence MES product was nominated for a MESA |
| Manufacturing Excellence award for its significant |
| improvements in factory operations after implementation of the |
| CIMNET solution. |
Mr. Richardson also discussed plans for 2004. "The following key initiatives will drive our plan for growth in 2004," stated Richardson . "2002 and 2003 were years dedicated to refocusing our company towards our core competency, software development. 2004 will be focused on using the technology that we have developed or will acquire to further penetrate the manufacturing sectors we serve."
2004 Initiatives include the following:
Initiative 1: Expand Reseller Channel
In 2003, CIMNET secured a significant number of key resellers worldwide to assist with the sales and implementation of Factelligence MES. In 2004, CIMNET will seek to obtain an additional 30 resellers worldwide to further expand our market penetration and coverage.
Initiative 2: Increase Intellectual Property
CIMNET's position as a leading software developer in the manufacturing software sector can only continue by developing or acquiring new technologies and intellectual property. Intellectual property (IP), such as new technology solutions or new products, may be developed internally or purchased through strategic acquisitions or co-licensing arrangements. CIMNET will seek to further develop Factelligence and potential industry acquisitions to meet the desired goal of increasing IP and market share.
Initiative 3: Utilize new technology in current offerings
CIMNET plans to release a full Microsoft® .NET version of Factelligence MES in 2004. The development effort and eventual release will enable the Factelligence product to utilize all of the capabilities and framework developed by Microsoft® in .NET. Lower cost of ownership for our customer base and ease of deployment and extension are key objectives for the Factelligence .NET release.
Initiative 4: Rollout additional functionality in our Products
CIMNET will continue to develop Factelligence throughout 2004 with customer requirements in mind. Collaboration tools, quality management tools and core functionality will all be extended. A key extension in 2004 will be the release of a HMI/SCADA module and a Business Intelligence module within the Factelligence framework. These two modules will open a much wider market segment to CIMNET to penetrate and increase our overall customer base.
Summary
"CIMNET has positioned itself to meet the 2004 initiatives through the hard work and dedication of our employees and resellers", stated Richardson . "We must use our 2003 milestones as building blocks to expand our reseller partner base, grow our IP and release new technologies. We are excited about the milestones we have achieved to date and look forward to substantial growth in revenues, earnings and shareholder value."

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