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Non-Tech : CASHCO (CSHK) - NEWS / UPDATES

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To: John Chapman who wrote (57)8/4/1999 9:28:00 AM
From: JOE TURMAINE  Read Replies (2) of 67
 
John, >>Cashco Announces Re-Branding of its Product Line and Enhancements to enPact!Y2K Software

Newmarket, Ontario. August 03, 1999 - Cashco Management, Inc. (OTC:BB-CSHK) on the advice of
ID Four Ltd. (OTC:BB- IDFR), its exclusive sales and marketing agent, will re-package its' Discover Y2K Software Compliance Tool under the new "enPACT! Y2K" logo. The Company has also committed to enhance the performance of the software, improving its' "user" friendly components. These components include the accumulation of an additional 4000 database records containing manufacturer's program names and their current Y2K compliant status; bringing the searchable data base to a total record count in excess of 7000 entries. Cashco, in responding to user feedback, has also committed to the addition of dynamic HTML links which assists users in readily accessing manufacturer's web sites containing the necessary patches or other pertinent information.

The inclusion of the Y2K compliance tool software under the enPact! brand name creates a "single" brand name product line which enhances the salability of the Company's (www.cashcointl.com) products to the retail community. This product line includes the single user "enPACT!" and 3 user network "enPACT! SBE" (Small Business Edition) Contact Managers. The more robust version, enPact!2000 will follow by the end of the year. The decision to create a single family of "branded products" is a result of input from the sales and marketing groups who have met with retail buyers throughout North America over the past 3 1/2 months. ID Four's sales agents have confirmed that they anticipate product being available to the consumer marketplace no later than the end of the third quarter of 1999.

In anticipation of the new initiative for all Cashco's products, the Company has committed to completing code revisions and performance updates to enPACT! and enPACT! SBE Contact Managers, at the request of ID Four (www.idfr.com).

ID Four has informed Cascho that in addition to the services of d.b.a. Marketing of Vancouver, BC, ID Four has secured the services of First To Market Incorporated (www.firsttomarket.com) of Dallas, TX.

The shares of Cashco Management, Inc. are quoted on the Over the Counter Bulletin Board, symbol OTC:BB-CSHK

On behalf of the Board of Directors,
Rhonda Windsor CEO Cashco Management Inc.

For information please contact:

Rhonda Windsor
905-898-0918

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's press releases. <<

JOE



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