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Technology Stocks : Zmax (ZMAX)/New Year 2000 play

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To: Thomas Kundrat who wrote (267)5/18/1998 2:50:00 PM
From: Investor Communications Co  Read Replies (1) of 370
 
Zmax Approved for NASDAQ Listing

Monday May 18, 2:03 pm Eastern Time
Company Press Release
Zmax Approved for NASDAQ Listing
GERMANTOWN, Md.--(BUSINESS WIRE)--May 18, 1998--Zmax Corp. (OTCBB: ZMAX - news) announced Monday that it has been approved to be traded on NASDAQ's SmallCap Market System effective May 19, 1998.

Zmax's trading symbol will remain ''ZMAX.''

''We are extremely pleased that NASDAQ has approved our application for listing on the NASDAQ SmallCap market. Listing on this exchange will give us more exposure and should generate broader interest among potential investors,'' stated Michael Higgins, president and CEO of Zmax Corp. ''This is another great step for Zmax and a positive reflection on our business.''

Zmax Corp.'s wholly owned subsidiary, Century Services Inc. (CSI) has developed the proprietary ''VISION 2000(SM)'' service which provides an accurate, controlled, and verifiable solution for all COBOL and PL/1 main programs, subprograms, copybooks, JCL, database definitions and other software components requiring change to accommodate the year 2000 dates.

The windows based VISION 2000(SM) software has demonstrated high accuracy in identifying the lines of code directly or indirectly impacted by date change.

After identification of the changes required, a suite of state of the art automated conversion and test tools, including global updates and a sophisticated ''security lockout'' feature assures comprehensive change without modifying non-date-related fields and statements.

The VISION 2000(SM) service includes CSI's set of robust, secure, technically effective and cost-efficient assessment, conversion and unit test tools, along with a comprehensive management process and on-site technical support.

ZMAX Corp. is quoted on the OTC Bulletin Board under the symbol of ''ZMAX'' and on the Frankfurt and Berlin Stock Exchanges under the symbol of ''ZMX.''

--------------------------------------------------------------------------------
Contact:
For investor information:
Investor Communications Co., 800/416-0811 or 800/547-0443

visit iccinfo.com
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