"Dealer Advance" Maker Consoladates Company

HASBROUCK HEIGHTS, N.J., May 23 /PRNewswire-FirstCall/ -- TDT DEVELOPMENT, INC. (OTC Bulletin Board: TDTD - News; the "Company") today announced the completion of a merger of its wholly-owned subsidiary, TDT Stronghold Acquisition Corp., with Stronghold Technologies, Inc. ("Stronghold"), a developer of mobile wireless technology for the retail automotive and other industries, based in Hasbrouck Heights, NJ.

Pursuant to the merger, which was completed on May 16, 2002, the stockholders of Stronghold surrendered all of the issued and outstanding shares of Stronghold common stock in exchange for 7,000,000 shares of the Company's common stock, which represented a controlling interest in the Company's common stock equal to 63% of the outstanding shares. Also in connection with the merger, certain shareholders of the Company surrendered a total of 1,370,000 shares of the Company's common stock for cancellation and another 1,000,000 shares of the Company's common stock were placed in escrow pending release upon the achievement of certain performance objectives. The name of the surviving entity in the merger will be "Stronghold Technologies, Inc." and it will remain a wholly-owned subsidiary of the Company.

The Company also said that there will be a special meeting of stockholders to be held at a date to be announced, at which the Company will submit for approval of its stockholders: (1) a reincorporation of the Company from Nevada to Delaware; and (2) a name change to "Stronghold Technologies, Inc."

The Company has also established a new Board of Directors and elected new officers. Effective as of May 25, 2002, the following shall be the members of the Board of Directors: Christopher J. Carey, Robert J. Corliss, Robert Cox, William Lenahan and Luis Delahoz.

Effective as of May 16, 2002, the newly elected officers of the Company, each of whom is affiliated with Stronghold, are:

Christopher J. Carey - President and Chief Executive Officer Lenard Berger - Vice President and Chief Technology Officer Salvatore D'Ambra - Vice President - Development James J. Cummiskey - Vice President - Sales and Marketing

About TDT Development, Inc.

TDT Development, Inc., through its wholly owned subsidiary, Stronghold Technologies, Inc., is an innovator in applying wireless technology and process improvement methods to increase business efficiency and sales. The company has developed an integrated wireless technology, called DealerAdvance, which, among many features, allows automobile dealers to capture a customer's purchasing requirements, search inventory at multiple locations, locate an appropriate vehicle in stock and print out the necessary forms. DealerAdvance is a handheld device, which allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.