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For Immediate Release

Keating Technologies appoints Julia Carrescia
Vice President of Business Development

Markham, ON, July 7, 1999 -- Keating Technologies has taken its highly successful branch outsourcing initiative to new levels with the appointment of Julia Carrescia to the position of vice president of business development. Ms. Carrescia will join Keating’s executive team in supporting the demand for its unique brand of branch outsourcing including sales, marketing and customer services. Her primary responsibilities will be to establish strategic direction to maximize new client growth, and further develop programs that will offer continued success to the current client base.

According to Larry Keating, president and chief executive officer of Keating Technologies, "As our company has grown in both size and scope of services, we have developed a Total Market Management approach to outsourcing. Julia’s 20 years of experience in the Canadian high technology industry will be an extremely valuable asset to our customers here in Canada and our clients abroad. She will be instrumental in helping us deliver superior quality service."

"For the past 12 years, Keating has been a phenomenal Canadian success story," says Ms. Carrescia. "During that time, Larry has put together an incredibly talented management team with a wealth of experience in technology. I’m delighted to be a part of a dynamic team that is focused on expanding and diversifying its branch outsourcing initiatives into a broader market base. The possibilities for these kinds of services are extraordinary."

Prior to joining Keating, Ms. Carrescia spent 12 years with Toshiba of Canada Limited, where she was most recently divisional vice-president of marketing for the Information Systems Group. Before that she held management positions with Zenith Data Systems, as well as with mini and mainframe computer divisions of various financial institutions.

Unlike traditional rep firms, Keating has developed a business model that focuses on branch outsourcing for companies wanting to enter into or expand in the Canadian marketplace. It is a proven model that Keating uses to ensure the ongoing success in Canada of such well known companies as 3Com, and past clients Creative Labs and Logitech.

The formula has definitely made its mark. Keating reports that the company has grown from a one-man operation to more than 100, and expects revenues to double within the next two years. "We’re still growing at a phenomenal rate," says Keating. "At the same time, we want to ensure that it is quality growth – in terms of the clients we acquire, the services we provide on their behalf, and what we can bring to the Canadian marketplace. That’s where talented people like Julia can play a key role."

Keating Technologies Inc. headquartered in Markham, Ontario, is Canada’s leading branch outsourcing service to the high technology industry. The company provides total market management services including sales, marketing and customer support through offices in Vancouver, Toronto and Montreal. Keating Technologies represents leading manufacturers and works with distributor and reseller partners by bringing technology products and services to the Canadian consumer through retail, corporate, government, and education markets. Keating Technologies is the representative of 3COM Corporation, Retail Division; Entrega Technologies, USB products; Network Associates, Network Security Solutions; Norton-Lambert, Remote Communications Software; Princeton Graphic Systems, Display Monitors; Visioneer, Personal Imaging Products; Xircom, Mobile and Remote Networking Products.

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Keating Technologies is a trademark of Keating Technologies Inc.
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