HANDYTRAC ANNOUNCES NEW ONLINE PRODUCT

BRADENTON, FL., April 2003 - A major advancement in the Key Control Industry was introduced today by HandyTrac Systems as they unveiled their new Online system. Designed to give property managers added convenience and organization, the HandyTrac Online system saves time and money by automatically running crucial reports every night.

HandyTrac Online is the first and only key control system that ensures vital data is automatically backed up off site every day. There is instant access by management to property's key control status and a choice of reports via secure website. Mangers can print reports only when needed. At year end, HandyTrac provides each company a CD containing all key control transactions for their properties for the year.

HandyTrac's site is housed in a Class A+ Data Center with military grade security. It has multiple redundant back up, power communication and security systems and is protected by a state-of-the-art Cisco Firewall.

HandyTrac Systems, Inc. is a leading supplier of computerized key control systems to the multi-housing industry. It also has regional support/training centers in Atlanta, Dallas and Bradenton, Florida with an additional centers in Phoenix, Chicago, San Francisco and Washington planned throughout the United States.

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