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Technology Stocks : Zmax (ZMAX)/New Year 2000 play -- Ignore unavailable to you. Want to Upgrade?

To: Thomas Kundrat who wrote (290)	10/22/1998 9:38:00 AM
From: Investor Communications Co	Respond to of 370

ZMAX Announces Multiple Contractawards GERMANTOWN, Md.--(BUSINESS WIRE)--Oct. 22, 1998--ZMAX CORPORATION (Nasdaq Small Cap: ZMAX - news) announced today that its wholly owned subsidiary, Century Services Incorporated (''CSI''), has been awarded contracts with the following companies and state agencies to provide information technology (''IT'') consulting and services work: New Awards Additional Awards ---------- ------------------- Columbia University State of New Jersey, Dept of Education SEI Investments State of New York, Unified Court System Michael C. Higgins, President and CEO of ZMAX, remarked: ''CSI continues to materially build and broaden its client base in all of its products and services. We are very pleased with the positive customer responses that we are receiving and the increasing name recognition that CSI is developing in the marketplace. ''This continued success, along with our proven and efficient products and people, stringent quality orientation, and commitment to customer satisfaction, is providing the fuel for our current and future growth.'' ZMAX is an IT consulting and re-engineering company presently focusing on system re-engineering and IT consulting services relating to Y2K analysis and remediation, system testing, project management, independent validation and verification of IT systems and processes, as well as other IT related services. Statements made in this Press Release that are not historical or current facts are ''forward looking statements'' made pursuant to the safe harbor provisions of federal securities laws. Forward looking statements represent management's best judgment as to what may occur in the future, but are subject to certain risk and uncertainties that could cause actual results and events to differ materially from those presently anticipated or projected. Such factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, and failure to capitalize upon access of new clientele. Specific risks and uncertainties which may affect forward looking statements about the business and prospects include the possibility that a competitor will develop a more comprehensive or less expensive service or solution to the Company's services or products and delays in the market awareness of ZMAX and its product and service solutions. These factors and others are discussed in the ''Management Discussion and Analysis'' section of ZMAX's Annual Report on Form 10-K for the fiscal year ended December 31, 1997, to which reference should be made. ZMAX CORPORATION is quoted on the NASDAQ Small Cap exchange under the symbol of ''ZMAX'' and on the Frankfurt and Berlin Stock Exchanges under the symbol of ''ZMX -------------------------------------------------------------------------------- Contact: For Investor Information: Investor Communications Co., 800/416-0811 or 800/547-0443 --------------------------------------------------------------------------------

To: Thomas Kundrat who wrote (290)	11/4/1998 10:09:00 AM
From: Investor Communications Co	Read Replies (1) \| Respond to of 370

ZMAX Corporation Wins Material Y2K Consulting & Compliance Award From Westchester County Health Care Corporation Wednesday, November 4, 1998 08:42 AM GERMANTOWN, Md.--(BUSINESS WIRE)--Nov. 4, 1998--ZMAX Corporation (Nasdaq Small Cap: ZMAX) announced today that its wholly owned subsidiary Century Services Incorporated ("CSI") has been awarded and signed a contract with Westchester County Health Care Corporation ("Westchester") in the state of New York to provide Year 2000 (Y2K) consulting and compliance services for all of Westchester's operations, including medical devices, physical plant, facilities equipment, and computer systems. CSI will provide these services in partnership with Tava Technologies, Inc., NASDAQ: TAVA ("Tava") and BioMed y2k, a division of Colorado Medtech, Inc., NASDAQ: CMED ("BioMed"). Michael C. Higgins, President and CEO of ZMAX, remarked, "CSI looks forward to working with yet another major health care company. Our partnership with Tava and BioMed further adds another component to CSI's growing arsenal of services to provide our clients with the best expertise and solutions available. This contract award is further validation of CSI's demonstrated ability to effectively manage large complex tasks." Westchester County Health Care Corporation is a public benefit corporation that operates the Westchester Medical Center, which is comprised of the following institutions throughout the state of New York: University Hospital at Westchester, Taylor Care Center at Westchester, Behavior Health Center at Westchester, Westchester Institute for Human Development, Children's Hospital, Zalmen A. Arlin Cancer Institute, George E. Reed Heart Center, Enrico Longo Burn Center, Trauma Center, Transplant Center, Neuroscience Center, and STAT Flight Medevac Program. ZMAX is an Information Technology (IT) consulting and re-engineering company presently focusing on system re-engineering and IT consulting services relating to Y2K analysis and remediation, system testing, project management, independent validation and verification of IT systems and processes, as well as other IT related services. Statements made in this Press Release that are not historical or current facts are "forward looking statements" made pursuant to the safe harbor provisions of federal securities laws. Forward looking statements represent management's best judgment as to what may occur in the future, but are subject to certain risk and uncertainties that could cause actual results and events to differ materially from those presently anticipated or projected. Such factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital, unexpected costs, and failure to capitalize upon access of new clientele. Specific risks and uncertainties which may affect forward looking statements about the business and prospects include the possibility that a competitor will develop a more comprehensive or less expensive service or solution to ZMAX's services or products and delays in the market awareness of ZMAX and its product and service solutions. These factors and others are discussed in the "Management Discussion and Analysis" section of ZMAX's Annual Report on Form 10-K for the fiscal year ended December 31, 1997, to which reference should be made. ZMAX CORPORATION is quoted on the NASDAQ Small Cap exchange under the symbol of "ZMAX" and on the Frankfurt and Berlin Stock Exchanges under the symbol of "ZMX". CONTACT: For Investor Information: Investor Communications Co., 800/416-0811 or 800/547-0443