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CoreTech to Sell it's Investment in Support Services Institute

King of Prussia, PA, Wednesday, September 23, 1998 — CoreTech Consulting Group, Inc. announced that subject to the execution of a definitive sales agreement, it has agreed to sell certain assets of the Support Services Institute (SSI), a world-wide organization for support professionals, to an international investment group lead by the Sweden based WE Nordic, U.K. based Customers International and U.S. based Ronald Muns.

Commenting on the transaction CEO and Chairman of CoreTech, Ed Beaumont stated, "while we see a great future for the Support Services Institute, we believe that our greatest strength remains in assisting our clients with the assimilation of new technologies and, therefore, we intend to stay more closely aligned with investments in this marketplace."

Ron Muns, currently a Co-Chairman of Support Services Institute, founder of the U.S. based Help Desk Institute and CoreTech Board Member, will begin to devote his day-to-day activities to the business of the new support organization. Mr. Muns stated that, "we live in a global marketplace and the key to gaining competitive advantage is to leverage the skills and knowledge of professionals wherever they live. The combined skills and knowledge of the new group are far greater than those we possess individually."

Beaumont goes on further to say, "We expect to maintain a relationship with this new group as part of our continued commitment to the support services marketplace. The nature of this relationship will be defined as the new entity takes shape in the coming weeks and months." Mr. Muns will also maintain his status as a CoreTech board member.

About CoreTech Consulting Group
CoreTech Consulting Group is an Information Technology consulting firm that partners with clients to favorably manage the impact of new technologies throughout their organization. Solutions developed by CoreTech help companies reduce the risk, minimize the negative effects and ultimately provide greater business value by assisting their clients in understanding and managing the broad implications new technology may have on their organization, processes and people. CoreTech has regional offices located around the United States, including Philadelphia, New York, Baltimore, and Atlanta. More information about CoreTech may be obtained from www.CoreTech.com, or by calling 800-220-3337.


Contact:
Heather Zoumas
CoreTech Consulting Group, Inc.
e-mail: hzoumas@CoreTech.com
Phone: 800-220-3337
Fax: 800-649-1814




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