Basney Honda Installs Stronghold's DealerAdvance(TM) Experiences 26% Increase in New Car Sales

BERNARDSVILLE, N.J., April 14 -- Basney Honda in Mishawaka, Indiana, near South Bend, has purchased Stronghold Technologies' (BULLETIN BOARD: SGHT) DealerAdvance Sales Solution(TM) wireless technology.

According to Jim Basney, owner of Basney Honda, the dealership enjoyed record sales in February and March. He said his new car sales for the first quarter of 2003 rose 26 percent over the same period last year, a dramatic boost he attributes in large part to the Stronghold wireless system, installed in January.

"DealerAdvance provides us with the tools to organize information and improve our follow-up with customers," Basney said. "We're more successful in getting people back into the dealership so our managers can close more deals. Everybody recognizes the value of the system."

Stronghold's DealerAdvance is a complete wireless solution that delivers guaranteed sales performance for the retail automotive industry. The system consists of special software with Personal Digital Assistants (PDAs), allowing car dealers to record, communicate and access customer, sales and inventory information in real time. More than 50 dealerships around the country are using the technology, realizing sales increases of five to 15 percent and time savings of 30 to 45 minutes per car deal.

"The return on investment for our dealers has been rapid and significant," said Chris Carey, Stronghold chief executive officer. "The ultimate value of our technology is providing a tool for dealers to sell more cars, which in turn powers our continued growth with car dealerships around the country."

About Stronghold Technologies

Based in Bernardsville, New Jersey, Stronghold Technologies, Inc. develops enterprise software leveraging hand-held wireless technology to improve business performance. The company created DealerAdvance Sales Solution(TM) for the auto industry, a tool that offers many features to greatly improve information capture and customer satisfaction. DealerAdvance manages follow-up easily, provides analysis, measures results and ultimately assists dealers to sell more cars.

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