Press Release

Friday, September 22, 2000

Company Press Release

SOURCE: Teligistics.com, Inc.

Teligistics & Associated Solutions Build Telecom Optical Billing Prototype
Dynamic Optical Character Recognition Technology Developed To Audit Carriers

HOUSTON & DALLAS, TX OCTOBER 6/PRNNewswire/ -- Teligistics.com, Inc. of The Woodlands, Texas and Associated Solutions, Inc. of Dallas, Texas announced today the development and successful testing results of a joint application project using high speed dynamic optical character recognition technology used to audit telecom billing.

David Roberts, President and CEO of Teligistics.com said, "We have been exploring various options for additional automation for our telecom auditing processes. Telecom billing is very complex and the maze of different types of billing platforms had previously made optical character recognition of telecom billing impractical. Associated Solutions worked very closely with us in making this project successful and in understanding our very unique business applications".

"With this technology we can process our clients telecom billings much faster and with a higher degree of accuracy. This increases our capabilities to audit and process billing volume exponentially", added Roberts. Tom Polivka, Vice President of Associated Solutions added, "ASI is delighted to have been chosen by Teligistics to develop this proprietary solution for auditing telecom billings. The knowledge and vision demonstrated by Teligistics has allowed ASI's technologies to be applied thus achieving project success".

Teligistics.com, Inc. is a leading telecommunications consulting firm that uses patent-pending technology to reduce client telecom expenses in long distance, local services, data, and Internet applications. The company uses a proprietary software named "The Analyzer" to construct RFQ's using one of the largest tariff rate, discount, and promotional databases in existence for clients. Additionally, Teligistics.com uses this software application to audit the monthly billing for clients that is produced by telecom providers and to perform outsourced telecommunications services.

This partnership was conceived to create a "best-of-breed" solution that utilizes ASI's SHAREnet Processing Bureau to generate the electronic records that Teligistics.com analyzes using their state-of-the-art auditing software. This solution, which will be marketed and sold to existing Teligistics.com customers and other Fortune 500 companies, can save firms in excess of 40% on monthly carrier bills that contain costly errors.

The SHAREnet facility accepts carrier bills each day in electronic or paper format and passes it to ASI's QUANTUM/2000 software suite, which is designed to capture huge volumes of images from business documents. Data from bills is lifted, cleaned, recognized and validated using a sophisticated adaptive registration process and multiple character recognition engines. Within 24 hours, perfected billing data is returned to Teligistics.com for advanced auditing and cost analysis. Over the next six months, this joint processing capability will ramp up to handle thousands of carrier bills each day.

According to Bob Drew, CEO of ASI, "We are excited to work with Teligistics.com to market the services solution that is a "dream come true" for companies that spend tens of thousands of dollars each month on phone services. By quickly and accurately converting paper bills into electronic format, our SHAREnet facility provides the perfect complement to Teligistics.com." Mr. Drew further explained, "Our decision to team with Teligistics.com, the acknowledged leader in telecommunications auditing, underscores our commitment to seek out markets where our technology can dramatically lower the cost of business document processing in Fortune 500 companies. Together, our companies have produced an efficient outsource service that offers customers unparalleled cost savings."

Dave Roberts, President and CEO of Teligistics.com noted, "At Teligistics.com, we've developed flexible, accurate auditing technology that places us at the forefront of telecommunications auditing. Responding to a dramatic increase in requests for our unique service, I am happy to report that we are improving the speed and accuracy of our process by leveraging ASI's SHAREnet solution." Mr. Roberts further added, "Our customers are looking to Teligistics.com to provide a complete lifecycle for telecommunications auditing that includes preliminary analysis, predictive cost savings and day-forward monitoring of carrier bills. Our collaboration with ASI has produced a solution that allows us to serve greater numbers of customers looking to save 40-50% on their telecommunications costs."

About ASI
Headquartered in Dallas, Texas, Associated Solutions, Inc. (ASI), is an acknowledged leader in the document capture and image processing market. Since 1992, ASI has provided high-speed forms processing and data capture software components to Systems Integrators and other partners worldwide who are involved in the automation of work processes using Electronic Document Management Systems. ASI's QUANTUM/2000 software suite and SHAREnet processing bureau offer superior accuracy, scalability and reliability in Intranet-based environments. As a result, ASI has attracted some prominent partners in the forms-processing and document-processing market such as Siemens, Kodak and Affiliated Computer Services. The majority of ASI's business comes from US Government agencies such as the Census Bureau and Social Security Administration and through Fortune 500 companies such as ACS, Prudential and Burlington Northern Santa Fe. For more information on ASI, contact their Web site at www.associatedsolutions.com.

About Teligistics.com
Teligistics.com, Inc. is a leading telecommunications consulting firm that uses patent-pending technology to reduce client telecom expenses in long distance, local services, data, and Internet applications. The company uses proprietary software named "The Analyzer" to construct RFQ's using one of the largest tariff rate, discount, and promotional databases in existence for clients. Additionally, Teligistics.com uses this software application to audit the monthly billing for clients that is produced by telecom providers and to perform outsourced telecommunications services. To learn more about Teligistics.com, visit its Web site at www.teligistics.com.