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To: GARY P GROBBEL who wrote (17148)	1/21/2004 2:22:19 PM
From: GARY P GROBBEL	Read Replies (2) \| Respond to of 120415

INFD 1.40: Infodata Expects to Report Profitable Q4 and 2003 Wednesday January 21, 11:00 am ET FDIC Budget Cuts Curtail Project HERNDON, Va.--(BUSINESS WIRE)--Jan. 21, 2004--Infodata Systems Inc., (OTCBB:INFD - News) a leader in IT solutions for content management, today announced that the fourth quarter and 2003 are expected to be profitable and cash flow positive, with fourth quarter earnings expected to exceed reported results for the third quarter. Norman Welsch, CFO of Infodata, said, "This represents the seventh consecutive announcement of quarterly profits for the Company. The details of the final fourth quarter and 2003 results will be released as the year-end audit is completed in March." Infodata also announced that due to budgetary constraints, the Federal Deposit Insurance Corporation (FDIC) has advised the Company to stop all work on the Corporate Document Management Imaging (CDMI) project, but other projects for the FDIC are expected to continue. For the nine months ended September 30, 2003, the CDMI project, which was entered into three years past by the previous management, accounted for approximately $713,000 of revenue but was not profitable for the Company. Edwin Miller, President and CEO of Infodata, said, "We are pleased about our performance in the fourth quarter and 2003, and we are looking forward to 2004. Regarding FDIC, our focus is and has been to take the Company toward higher margin business and continue to blend our software and service offerings. During the second half of 2003, we were forced to turn away higher margin business because we did not have the available technical personnel to deliver the solutions. In time, we expect to replace the CDMI project with more profitable business." THIS ALSO TODAY: Tier One Life Science Company Deploys Infodata's AnnoDoc Across Enterprise Wednesday January 21, 12:30 pm ET Controlled Document Review Solution Assists with Compliance Regulations HERNDON, Va.--(BUSINESS WIRE)--Jan. 21, 2004--Infodata Systems Inc., (OTCBB:INFD - News) a leader in IT solutions for content management, announced today that a Tier One Life Science Company has installed AnnoDoc®, Infodata's Content Review product, at four U.S. sites and several international sites. The Company purchased AnnoDoc to use in conjunction with Documentum's GXPharma compliance application, to further their ability to comply with CFR regulations and provide global annotation capabilities. The Life Science Company is using AnnoDoc as a critical component of their internal review and approval processes for current and new standard-operating procedures (SOPs) and other technical specifications. The concurrent electronic review process enabled by AnnoDoc is already improving efficiency and streamlining the review process. Most importantly, every user's annotations are set up and controlled using the Company's own security model and business rules, an important aspect to foster compliance with regulations. "The selection of AnnoDoc by over fifty percent of the Tier One Life Sciences companies validates the need for enterprises to maintain tight control over their internal content-review processes," said Edwin Miller, Infodata CEO and president. "Enterprise-wide control over the content-review process is critical because businesses already have set rules for how annotations should be handled. Our content-review solution via the AnnoDoc platform is flexible enough to provide regulated businesses with the kind of granularity required in a customized solution that works with specific business models." Infodata has announced the upcoming release of its next generation of AnnoDoc®, which will be built on the Infodata Foundation Server (IFS). AnnoDoc will be unique in the marketplace for its ability to simultaneously deliver annotations across multiple enterprise content management (ECM) applications and multiple databases within the same organization. Over 175,000 licenses have been deployed worldwide in organizations that have come to rely and trust AnnoDoc to meet and exceed important aspects of their regulatory and compliance process needs. About Infodata Systems Inc. Infodata Systems Inc. is a leader in providing open content management solutions precisely tailored to customer needs. We integrate market-leading technology with our own proprietary products to deliver high-value content environments to our clients. We design and implement content environments with solutions ideally matched to customer missions, ensuring regulatory compliance, operational integrity and continuity across the enterprise. Based just outside Washington, D.C., in Herndon, VA, Infodata has 35 years of proven ability in providing comprehensive content management solutions to the Government, Intelligence and Commercial communities. For more information, visit us on the Internet at www.infodata.com.