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Technology Stocks : Cysive - CYSV -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (31)	2/16/2000 11:50:00 AM
From: brk	Respond to of 37

Cysive and Sterling Capital Announce Strategic Relationship Cysive Will Be "Go To" Builder of E-Business Systems Reston, Va. - February 16, 2000 - Cysive, Inc., (Nasdaq: CYSV), premier builders of e-business architectures, today announced that it has been chosen as the designated builder of e-businesses for Sterling Capital, Ltd., a diversified holding company. The two companies have established a strategic relationship that will bring together Cysive's experience and track record at building the world's most robust e-business systems along with Sterling's strategy to fund and launch next-generation e-businesses. The two companies' current collaboration is an online training and career management site for LeapIt.com, LLC, that will use cutting edge technologies and multimedia for Web-based training of IT professionals. "In today's second-wave digital economy, anyone building a business on the web understands that it must succeed on the first try, otherwise there is always a competitor in line to take its place," said Nelson Carbonell, President and CEO of Cysive. "Cysive has the technology experience and deployment success record to take business to the web with confidence." "We needed an e-business architect that could consistently build the technologically demanding, state-of-the-art systems that the Sterling's e-business strategy demands in order to stay ahead of competitors," said Steven Taslitz, Managing Director of Sterling Capital. "Cysive's experience at building these kinds of systems meant that it was the logical choice for us." About CysiveCombining an experienced and highly skilled development staff with the use of cutting-edge technologies, Cysive has established itself as a leading builder of custom e-business systems for Global 2000 customers - including AT&T, Cisco Systems, Classified Ventures (cars.com), DaimlerChrysler, First Union and Qualcomm. Cysive's track record for quality and reliability is unmatched in the e-business industry. Cysive is headquartered in Reston, Va. with additional offices in Atlanta, Chicago, Dallas, Mountain View, Calif., and Southern California and a sales office in New York. Cysive can be found on the Internet at www.cysive.com. About Sterling Capital Sterling Capital Ltd. is a private investment firm with corporate offices in Baltimore, Chicago, and New York. Since its formation in 1983, the firm has engaged in a diverse range of activities, including the acquisition and management of operating companies and commercial real estate, venture capital investing and investment management and trading. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Cysive's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's prospectus dated October 15, 1999. -0- Contact: Penny Karas Cysive, Inc. 703.810.2562 pkaras@cysive.com Jonathan Osmundsen For Cysive, Inc. 415.775.7891