BRADENTON, Fla., December 15, 2000 -HandySource, a leading bid and purchase e-commerce portal for the multi-family industry, announced today that Steve Dabbs has joined the Company as Chief Financial Officer.

Dabbs, with more than 15 years experience in the Internet and real estate industries, will be responsible for developing and executing the Company's financial strategy and overseeing the Company's control and finance functions including accounting, financial analysis, budgeting and management reporting.

Prior to joining HandySource, he founded an early Internet Web hosting company in 1993, which he sold to Interliant, Inc. (NASDAQ: INIT) in 1998. With Interliant, he worked as a Vice President of Customer Care and Business Development. He was also Vice President of a Reg. D partnership with Johnstown American, a public company. Prior to this experience he was a CPA and tax accountant with Price Waterhouse.

At the University of Georgia, Dabbs graduated with a B.A. degree in Liberal Arts and later earned a Masters of Accounting.

HandySource.com was formed in 1999 as a sister company to HandyTrac Systems, Inc., a computerized key control systems company. The company's corporate office is located in Bradenton, Fla. It also has a regional support / training center in Atlanta, Ga. with an additional five centers (Chicago, Dallas, Phoenix, San Francisco and Washington) planned throughout the United States.