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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (10209)	6/29/1999 4:32:00 PM
From: Currency	Respond to of 108040

*** DDSI NEWS **** DDSI Announces IBM Contract With NYC Transit Authority LANGHORNE, Pa., June 29 /PRNewswire/ -- Garrett U. Cohn, President of Digital Descriptor Systems, Inc. (DDSI) (OTC Bulletin Board: DDSI), a leading manufacturer and marketer of digitized imaging systems for the criminal justice and security markets, has been selected through its business relationship with IBM to provide photo imaging for the Metropolitan Transit Authority Of New York City. "IBM is the prime contractor of this project, which involves new IBM RISC 6000 hardware, Records Management, CAD, imaging and IBM services. The MTA contract with IBM totals approximately $4 million," Cohn continued. This system is due to be installed during the third quarter. It is used mainly for investigative and tracking purposes. As one of IBM's Strategic Partners, DDSI is invited by IBM to bid on contracts worldwide. DDSI has directed its research and development efforts to developing software interfaces enabling the SI-3000 and Compu-Capture(R) Imaging Solutions to integrate with various criminal justice solutions of other IBM Business Partners. "This relationship with IBM is responsible for nearly 50% of our current imaging installs," Cohn stated. DDSI recently joined with IBM and its public safety Business Partners to provide criminal justice software to the United Nations for prosecuting the criminal suspects involved in the atrocities in Bosnia and Rwanda. DDSI's Compu-Capture(R) imaging module is also installed in Shanghai, China and Washington, DC, in IBM's Institute for Electronic Government demonstration centers. In addition to the current criminal justice marketplace, DDSI is introducing its technology into other commercial markets such as financial, access control and the biometric identification industry. Digital Descriptor Systems, Inc., a leading developer and designer of digitized imaging systems is based in Langhorne, Pennsylvania. It is traded on the Nasdaq OTC Bulletin Board under the symbol of DDSI. The Internet website address is www.ddsi-cpc.com. CONTACT: INVESTOR RELATIONS AT 215-752-0963 EXTENSION #3. Except for historical matters contained herein, the matters discussed in the press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions, especially as regarding installation schedules and product mix, and involves risks and uncertainties which may affect Digital Descriptor Systems, Inc.'s business and prospects and cause actual results to differ materially from these forward-looking statements, including sufficient funds to finance working capital and other financing requirements of Digital Descriptor Systems, Inc., market acceptance of the Company's products and competition in the computer industry. SOURCE Digital Descriptor Systems, Inc. -0- 06/29/99 /CONTACT: Garrett Cohn, President of Digital Descriptor Systems, 215-752-0963, Extension 101/ /Web site: ddsi-cpc.com (DDSI) CO: Digital Descriptor Systems, Inc.; Metropolitan Transit Authority Of New York City; IBM ST: Pennsylvania, New York IN: CPR SU: CON

To: Kimberly Lee who wrote (10209)	6/30/1999 6:50:00 AM
From: GERBER	Respond to of 108040

PKDV Conversation CEO*** Well as I promised I tried to find some more info. No responses to my emails, got me to call the company this morning and i was very pleased with my conversation. The Ceo was doing some research in their library. I first asked about the emails and he mentioned that they had received over 2000 emails and calls this week and the investors relation team was swamped. I ask him about his experience..he mentioned that this was his second time as ceo of a company and that he had a lot of merger experience. He said that he is going to post his resume on the webpage...soon. I asked about the financials. They apparently got a new audit firm because they wanted them done correctly. (biggest problem is translations of languages). Both Pan Chiao and their own are being worked on as we speak. I asked about the bank. He was explaining to me a few things. How they couldn't say certain things..but he did mention that their would be a PR coming out soon. I also strongly believe that company will have a few mergers and aquisitions over the next couple of months based on my conversation. He emphasied the contract and how many companies want to be involved with Pan Kai. They feel they have a number of connections, channels or doors. He also mentioned that other experienced managment people may join Pan Kai over the next year. I told him I was concerned about the way Pan Kai trades. He was frustrated as well saying that "We are so undervalued!" So what can you do I asked? Well he figures that once a few developments start coming in to play. Things should diffently pick up. Quote "Shareholders who stick with the company will be very well rewarded!", replied CEO of Pan Kai. I was pleased with my conversation with the CEO and I am very confident that this company will successed. I am going to sit tight and wait for things to develop. If anyone has any questions for me..please ask away. I think that was pretty much all we talked about. Cheers