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Microcap & Penny Stocks : Exigent International, Inc. (XGNT)

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To: Joseph Waligore who wrote (86)	6/29/1998 10:33:00 AM
From: David T. Groves	of 159

Monday June 29, 8:01 am Eastern Time Exigent Receives Add-On for GPS Program; Total Potential Value Is $6 Million MELBOURNE, Fla., June 29 /PRNewswire/ -- Exigent International, Inc. (OTC Bulletin Board: XGNT - news; CHX: XNT - news) subsidiary Software Technology, Inc. (STI) announces a $6 million add-on to an existing Global Positioning System (GPS) subcontract. Additional licenses and maintenance over the next 2 plus years have a potential of generating an *additional $6 million* for STI's flagship command-and-control product OS/COMET. OS/COMET is the core element of the software subsystem that provides Telemetry, Tracking, and Control (TT&C) for new GPS ground stations. OS/COMET's state-of-the-art capabilities supports STI's customer needs with maintenance and OS/COMET software in making time and orbit management more precise for greater accuracy and reliability. OS/COMET has been certified as Y2K compliant, meeting a requirement for the customer's applications. The system was selected as a key component of the GPS architecture upgrade in 1995. In addition to providing software, STI supplies engineering services and training to tailor the OS/COMET database and software facilities to the demanding needs of the customer's requirements. As a subcontractor to the GPS program, and as the primary developer for the TT&C mission capability, STI has supplied a number of incremental releases of steadily increasing functionality. The latest release has significant improved functionality, in addition to being Y2K-compliant. STI is a subcontractor to Lockheed Martin Mission Systems on the GPS program.

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