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To: YAR7888 who started this subject10/21/2002 6:09:05 PM
From: YAR7888   of 1
 
Press Release Source: DiaSys Corp.

DiaSys Named One of Connecticut's Fastest Growing Technology Companies in Deloitte & Touche `Fast 50' Program
Thursday October 10, 7:30 am ET

WATERBURY, Conn.--(BUSINESS WIRE)--Oct. 10, 2002--DiaSys Corporation (AMEX:DYX - News), a global healthcare diagnostics company, today announced that it has been named in the Deloitte & Touche "Fast 50" program ranking of the 50 fastest growing technology companies in Connecticut.
The Connecticut Technology Fast 50 program is hosted by Deloitte & Touche, in association with the Connecticut Technology Council. The program is sponsored by ImageWorks, The Litchfield Insurance Group, NASDAQ, Pullman & Comely, LLC and Royal & SunAlliance Insurance. The award presentations will take place on October 16, 2002 at Fairfield University.

Todd M. DeMatteo, DiaSys' President and CEO, said: "The "Fast 50" program is an award of excellence which we are grateful to receive. This recognition is another strong indication that the strategic business plan which underlies our company is sound and well calculated. The award also provides significant incentive for us to continue to drive our strategic growth plan, and to continue to deliver high-quality products and services to our numerous customers world-wide."

DiaSys Corporation designs, develops, manufactures and distributes proprietary medical laboratory equipment, consumables and test kits to healthcare laboratories worldwide. Headquartered in Waterbury, CT, the Company operates in Europe through its wholly owned subsidiary based in Wokingham, England and in Pacific Asia through its strategic business partner located in Guangzhou, China.

Deloitte & Touche, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping its clients and its people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for five consecutive years.

The foregoing press release includes "forward looking statements" within the meaning of, and made pursuant to, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company or events, or timing of events, relating to the Company to materially differ from those expressed or implied by such forward looking statements. DiaSys refers interested parties to its most recent Annual Report on form 10-KSB and other SEC filings for a complete description of, and discussions about, the Company.

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Contact:
H.L. Lanzet, Inc.
DeeDee Lanzet/Gerald Ortsman, 212/888-4570
or
DiaSys Corp.
Todd M. DeMatteo, 203/755-5083

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Source: DiaSys Corp......
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