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To: Bram12345 who wrote (29976)2/23/2000 9:58:00 AM
From: SSP  Read Replies (3) | Respond to of 150070
 
SureQuest Systems, Inc., a Nevada Corporation, Announces Significant Events

DALLAS, Feb. 23 /PRNewswire/ -- C. Scott Sykes, Jr., President of
SureQuest Systems, Inc. (OTC Bulletin Board: DIET), Dallas, Texas, announced
today that the Company recognized record billings of $370,960.04 for the month
of January, 2000 and record earned revenues of $240,960.04 for the same
period. He said that management believes that these monthly records are the
result of the Company's ongoing efforts in 1999 to strengthen and expand the
Company's relationships with its national and regional food distribution
alliances, including Canada, and with other strategic partners and from
upgrading and improving its software to be the most complete portfolio of
products and services in the dietary management industry. Two of the
Company's largest food distributors, Serca FoodService, Inc., the largest food
distributor in Canada, and Food Services of America, Inc., ("FSA") the
dominant food distributor in the Northwest United States, recently extended
their licensing arrangements with the Company through 2003 for a total minimum
projected revenue of $3.2 million. Mr. Sykes commented that these and other
existing distributor relationships are projected to lead the Company to a
profitable and record revenue year in 2000; however, there can be no
assurances that this will occur.
The Company is also projecting that its Windows multi-user dietary
management software version will be available for distribution during the
second quarter of this calendar year. This product will enable the Company to
expand its customer base to include the hospital market and other multi-
division/multi-site industries that depend on a cost effective food management
system.
Mr. Sykes also reported that the Company intends to comply with the
Securities and Exchange Commission reporting requirements to become a fully
reporting Company under the Securities and Exchange Act of 1934. He said,
"the auditing firm is completing its field work and will incorporate its audit
report in the expected SEC filing." He also said that "the Company is
currently in discussions with several investor groups to raise additional
capital for the Company. As a result, in order to have a stronger financial
position when we file, we may decide to postpone our filing with the SEC until
this capital is raised." SureQuest expects that the Company's stock symbol
"DIET" will receive an "e" designation on March 5, 2000. He further cautioned
that "there is no assurance that the SEC filing and review process will be
completed in time to prevent the Company's listing from being removed from the
OTC:BB. However, should that occur, the Company is confident that any
'delisting' will be of short duration."
SureQuest Systems, Inc. further remains confident that the relationship
with its investment banker, Allegiance Capital Corporation/Northstar
International, will produce strategic investment partners to share in its
vision of serving as a "Business to Business" facilitator to the food
industry. Mr. Sykes noted that several prospective investor groups are
currently reviewing the Company's business plan and SureQuest is confident
that the Company will attract the necessary capital to begin execution of its
business strategy during this year.
SureQuest Systems, Inc. is a leading provider of dietary management
software products and services to the health care and food services industry.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: The statement contained in this news release which are not historical
facts may be "forward looking statements" that involve risks and uncertainties
which could cause actual results to differ materially from those currently
anticipated. For example, statements that describe SureQuest's hopes, plans,
objectives, goals, intentions, or expectations are all forward-looking
statements. The forward-looking statements made herein are only made as of
the date of this news release. Numerous factors, many of which are beyond
SureQuest's control, will affect actual results. SureQuest undertakes no
obligation to publicly update such forward-looking statements to reflect
subsequent events or circumstances.

SOURCE SureQuest Systems, Inc.
-0- 02/23/2000
/CONTACT: Investor Relations of SureQuest Systems, Inc., 972-238-7200/
/Web site: surequest.com
(DIET)