Washington, DC March 2000 -- Prospect Technologies, a Washington, DC based advanced computer technology and Internet firm, announced today a partnership with Digital Document Strategies (DDSI) of Chicago, IL to develop a Web based Document Asset Management System (DAM). In addition to developing this new capability, both firms signed an agreement that allows Prospect Technologies to become DDSI technology partner supplying all of their computer hardware, software, networking and Internet needs.

“I am extremely excited by the prospect of working with DDSI”, said Bill Lewis, President and CEO of Prospect Technologies. “In addition to allowing our firm to use its expanded e-business capabilities of DataTiger^TM and TigerEye^TM to develop DAM, I find that both of our firms share similar cultures and values. This will make the development of this cutting edge Web base document management system an extremely interesting and challenging experience from the technical prospective. In addition, it will also be enjoyable to work with a firm that shares our goals of developing e-business products and services to support firms in the $10 to $100 million range.”

The roll out of this product and supporting services is expected by the end of 2001.