August 18, 2003

Press Release

Quazant Opens Chicago Office

HOUSTON, August 18, 2003 / Press Release / -- Quazant^® today announced that it has expanded its operations by opening an office in Chicago, IL.  As a result, Quazant’s presence now includes two office locations: Chicago, Illinois and Houston, Texas.

This expansion now enables Quazant^® to offer clients more personalized attention in the Chicago area and to better approach additional business and client opportunities.  Software development and technical expertise will remain in Houston.

The company’s new office location is:

Quazant^®

444 North Michigan Ave

36^th Floor

Chicago, IL 60611

Phone: 312-379-2475

“Quazant^® sees the Chicago area as a fantastic location for expanding business opportunities, as well as for seeking new talent,” said Carter Caldwell, COO of Quazant^®.  “We look forward to building strong relationships here and becoming very active in the city and its technology community.”

Quazant is thrilled to be in Chicago and has already begun the process of entrenching itself in various aspects of the city’s technology community.  While the company will remain headquartered in Houston, we expect that this location, over the course of the next several years, will grow into a thriving core base of operations for the company.

Quazant^® is a software development and services company whose technology improves transaction processing performance.  With offices in Houston, Texas and Chicago, Illinois, Quazant^® also provides custom software development and business consulting services.  More information about Quazant^® can be found at www.quazant.com or by contacting Carter Caldwell at ccaldwell@quazant.com.

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