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To: GARY P GROBBEL who wrote (17992)2/17/2004 10:18:30 AM
From: GARY P GROBBEL  Read Replies (1) | Respond to of 120415
 
NMXS .64 is also making steady progress...this one is worth watching:

(PR NEWSWIRE) New Mexico Software Cites Important Progress in 2003; Names New S
New Mexico Software Cites Important Progress in 2003; Names New SEC Attorney

ALBUQUERQUE, N.M., Jan. 7 /PRNewswire-FirstCall/ -- New Mexico Software,
Inc. (OTC Bulletin Board: NMXS) said today the company made significant
financial and business progress in 2003 and is anticipating an excellent year
of growth in 2004.
New Mexico Software CEO Dick Govatski said, "The year 2003 was a major
turning point for our company in generating new products and business and in
substantially improving our financial position. We made important progress
with our Digital Filing Cabinet products with sales to companies such as Coca-
Cola, Sutton Hotels, Casanova-Pendril Advertising, United Imaging, Sargent
Fletcher Manufacturing and Honeywell. At year's end, we signed an important
marketing agreement with CDW, one of the nation's biggest resellers of
hardware and software. In December we announced our first retail product and
opened new offices in Atlanta and Chicago. We reported our third profitable
quarter as a company and at the end of the year we were cash flow positive.
While the final numbers for 2003 are not yet complete, we expect to report a
substantial improvement in sales for the year absent the previously reported
one-time write down of $500,000 in the second quarter. Our fourth quarter
revenue was close to double the fourth quarter revenue of 2002."
Govatski said, "Our success in 2003 sets the stage for further progress in
2004. We expect to see continuing sales and improvements as the year
progresses." The company said it expects to report 2003 results by the end of
March.
The company also announced that the law firm Anslow & Jaclin has been
appointed as the company's new SEC law firm. Richard Anslow, a partner in the
firm, is in charge of the account. Anslow & Jaclin is located in Freehold, NJ.

New Mexico Software, a leading provider of digital asset management
solutions, is the only public company providing full professional services for
digitizing, encoding, storing, managing, licensing and distributing digital
files with customer owned and operated software. In addition to professional
services for digital asset management, New Mexico Software offers the Digital
Filing Cabinet and AssetWare(TM), two software products that provide
enterprise-level digital asset management.

For more information on New Mexico Software, contact Dick Govatski,
(505) 255-1999, ceo@nmxs.com.

To be placed on an email alert for news about New Mexico Software, contact
Frank Hawkins or Julie Marshall, Hawk Associates (305) 852-2383 or via email
at info@hawkassociates.com

For an online investor relations kit, go to hawkassociates.com

For more information on New Mexico Software go to nmxs.com

The foregoing press release contains forward-looking statements including
statements regarding the company's expectation of its future business. These
forward-looking statements are subject to a number of risks and uncertainties,
many of which are beyond the company's control. Actual results could differ
materially from these forward-looking statements.

SOURCE New Mexico Software, Inc.
-0- 01/07/2004
/CONTACT: Dick Govatski, New Mexico Software, Inc., +1-505-255-1999, or
ceo@nmxs.com; or Frank Hawkins or Julie Marshall, both of Hawk Associates,
+1-305-852-2383, or info@hawkassociates.com, for New Mexico Software, Inc./
/Web site: nmxs.com /
(NMXS)

CO: New Mexico Software, Inc.
ST: New Mexico
IN: REA CPR OTC STW
SU: PER
*** end of story ***