IN THE NEWS

TeleContinuity, Inc. Locates New Headquarters at Maryland Technology Development Center

October 5, 2003 - TeleContinuity, Inc. announced today that it moved its corporate headquarters and research facilities to the State of Maryland Technology Development Center ("MTDC") in Rockville, Maryland. "We are very excited about being a part of this world class facility and believe that the staff and resources made available to us will help us through this critical stage of our Company's development" said Roy Pinchot, CEO. "The objective of the MTDC is to help early stage enterprises grow over the critical period of incubation. Once the business has achieved a momentum of its own and has the ability to survive outside of the incubator, it will graduate into regular commercial and industrial space" said Duc Duong, Program Director of the MTDC. "We are very excited about having TeleContinuity in our facility." The MTDC is a modern, fully-equipped 57,000 square foot facility that hosts the most advanced information technology and biotech firms. TeleContinuity will be doing its research and prototype testing at the Center, as well as with its University partners, the University of Pittsburgh and the University of Maryland. The MTDC is located at 9700 Great Seneca Highway, Rockville, MD 20850.

About TeleContinuity

Founded in the wake of September 11, 2001 and the subsequent Anthrax attacks on Congress, TeleContinuity is focused on providing telecommunications assurance services to businesses and government customers worldwide. Positioned as "telecommunications gap insurance," we enable a seamless, low cost, network-level solution that will restore incoming telephone service to users within minutes of a PBX failure, fiber cut, fire, flood, building evacuation, or catastrophic event. TeleContinuity's unique technology will enable users to be reached at their existing telephone extensions -- via any network, any device, and at any location -- as though no service disruption had ever occurred. TeleContinuity's patent-pending and fully outsourced service solution will offer customers the ability to immediately resume business operations telephonically following a communications disruption, thereby minimizing, or even eliminating the economic impact that would have resulted from the interruption. TeleContinuity, Inc. was founded by Roy Pinchot, President and CEO, Raul Vera, Chief Technical Officer, and Michael Rosenberg, Executive Vice President. All have extensive backgrounds in telephony, information technology, marketing and sales.

About the Maryland Technology Development Center

MTDC is a project initiated and managed by Montgomery County Department of Economic Development. It was developed, financed and constructed as a joint partnership between the County and the State of Maryland. The County has contracted with the Technology Council of Maryland to provide on site program management. MTDC is a build-to-suit facility which offers low-cost rental space and a network of technical and business support services to help early stage companies succeed.

TeleContinuity, Inc. is a 2003 winner of The National Institute of Standards and Technology-ATP Grant Competition.

Contact for Information:
Roy Pinchot
Chief Executive Officer
Tel: (240) 453-6235
Email: rpinchot@telecontinuity.com

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