NEWS RELEASE

Keating Technologies Recognized Again in Canada’s
50 Best Managed Companies Program

~Company Receives Prestigious Award For Second Consecutive Year ~

TORONTO, ON – January 21, 2002 – Keating Technologies Inc. (www.keating.com), Canada’s leading branch outsourcing service to the high-technology industry, has re-qualified as a winner in Canada’s 50 Best Managed Companies Program for the second consecutive year.  Sponsored by Andersen, CIBC and the National Post, the program identifies Canadian businesses that have implemented best business practices across the organization. 

The 50 Best program symbolizes Canadian success - companies growing rapidly and excelling in the global marketplace; companies that know how to win and create value in innovative ways; companies that are evolving, yet staying focused on their core vision.

“We’re honoured to receive this outstanding award for the second consecutive year, as a direct result of the commitment, dedication and enduring excellence of our team,” said Larry Keating, President, Keating Technologies Inc. “Not only is this award a measure of growth, but more importantly, it assesses the quality of growth – an equally important factor in today’s challenging business environment.” 

The program involves an interview process of well-managed companies nation-wide.  Applicants must examine their management practices, which are discussed and evaluated at length during the interview stage.  The independent judging panel focuses on how these companies embrace new technologies, globalization and a new generation of people entering the workforce, as well as how they recognize the increased importance of leadership, strategy, culture, brand and technology. 

“Our employees have embraced the challenges of 2001 exceptionally well,” said James Woolley, Vice President, Finance and Administration, Keating Technologies Inc.  “Our strong finance management, commitment to driving client revenue, expanded service offerings and attention to customer care were critical to our re-qualification. It’s this focus that positions us well for the future.”

Keating Technologies offers an integrated services strategy with a unique combination of customer intimacy, product knowledge and operational excellence.   The company’s services focus on accelerated speed to market, operational cost-efficiencies, proven service, sales and merchandising strategies, measurable marketing initiatives and return on investment.

-30-

About Keating Technologies Inc.

Keating Technologies Inc., headquartered in Markham (north-east Toronto), Ontario, is a 2000 and 2001 winner of Canada’s 50 Best Managed Companies Program.  As Canada’s leading branch outsourcing service to the high technology industry, Keating has a staff of more than 100 and provides Total Market Management® services including sales, marketing, merchandising and customer support through its offices in Vancouver, London, Markham, Montreal, and Ottawa.  Keating currently represents Apollo (a subsidiary of Hewlett-Packard), Digi International, Gateway Business, Norton-Lambert, SpellCaster, StorCase Technology, TecnoZone, USRobotics, VisionTek and provides customer service and support on behalf of 3Com, Comtrend and Palm Inc.  More information regarding Keating Technologies is available at (905) 479-0230 or by visiting the Company’s web site at www.keating.com.