Press Release
Nov. 16, 2004

FOR IMMEDIATE RELEASE

Investor Relations Web Site Tool Announced: Product Brochure (pdf)

Cary, NC – November 16, 2004 – Ascot Technologies, Inc., a Cary based software and systems integration company, will unveil its new offering Strategic Tool for Accountability Relations (STAR) at the Capital City Angels Forum today. STAR is a best practices approach for setting up and managing a private company investor relations web site. STAR provides an investor relations web site structure with varying levels of document detail, as well as the approval mechanisms to permit potential investors to move from level to level in an automated and traceable fashion. It also provides a suggested list of appropriate documentation for investors.

According to Ascot Technologies’ CEO Mary Ellen Randall, “Our Strategic Tool for Accountability Relations helps companies set up and manage their investor relations web site. There are interfaces for a company administrator, company attorney, and company CEO. Each of these plays an important role in the investor relations process and STAR makes it quick and easy to set up a site with appropriate controls.”

Tom Vass, President of the Corporate Investment Center, Inc., helps companies raise early stage capital. Mr. Vass said, “Ascot Technologies’ STAR product will be a great benefit for private companies seeking capital. This need has existed for some time and it is nice to see it filled with such a comprehensive product.”

Professional advisors to small companies in each metro region, such as attorneys and CPAs, who desire to help their clients issue securities in an exempt private transaction, can use STAR to provide a higher level of professional service. The STAR offering has 5 levels of increasing security, leading up to the private placement memorandum and the subscription agreement.

After the offering, shareholders and investors may view on-going financial data related to the company in a format similar to periodic reporting on EDGAR. Financial data is placed on this section on a periodic basis, along with any news related to the company, audited year end statements, annual year end valuations of the company, etc. The STAR technology tracks who has viewed data and maintains records of all investors who have visited the site.

For more information, visit www.ascotre.com or call (919) 388-1776.

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About Ascot Technologies, Inc.: Located in Cary, North Carolina, Ascot Technologies specializes in advanced technology solutions for businesses. Ascot Technologies is a software and system integration company which specializes in mobile applications. Areas of specialty include Medical, Real Estate, Inventory Management, Customer Relationship Management and Order Management. For more information, visit www.ascotre.com or call (919) 388-1776.

Capital City Angels Forum (http://www.corporateinvestment.net/Default.aspx?tabid=58)

Contact Information
Annette Cook
Ascot Technologies, Inc.
(919) 388-1776
acook@ascottechnologies.com
www.ascottechnologies.com