Stronghold Technologies Expands in Midwest with Two DealerAdvance Installations

    BERNARDSVILLE, N.J.--May 28, 2003--Stronghold Technologies, Inc. (OTC Bulletin Board: SGHT)

    Cleveland's Ed Pike Lincoln-Mercury Hyundai and North Coast
    Lincoln-Mercury Dealerships Benefiting From Wireless Enterprise
    Solution

    Stronghold Technologies, Inc. (OTC Bulletin Board: SGHT), the developer of DealerAdvance(TM), an enterprise software system leveraging wireless technologies for the automotive retail industry, today announced the purchase and successful implementation of DealerAdvance at two dealerships located in the midwestern region of the Unites States.
    Ed Pike Lincoln-Mercury Hyundai and North Coast Lincoln-Mercury, both located in Cleveland, Ohio, purchased DealerAdvance systems in the first quarter of 2003. This brings the total to 50 dealerships utilizing Stronghold's system to improve their business performance.
    Commenting on the Company's growth, Stronghold Chairman and Chief Executive Officer Chris Carey said: "The automotive industry traces its roots to the midwest. Even today, the region still dominates the trends that shape the industry. A strong midwestern presence is an important element to our growth strategy. Here, as in all of our markets, competition among automotive dealerships is escalating and they are turning to Stronghold's wireless enterprise solution and sales processes for a competitive advantage."
    According to management of Ed Pike Lincoln-Mercury Hyundai and North Coast Lincoln-Mercury, Stronghold's system was selected because of its ability to enhance the sales process and streamline enterprise operations. DealerAdvance(TM) is a complete wireless solution that delivers guaranteed sales performance. 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.
    "The value of Stronghold's DealerAdvance system is the positive changes it has had on our ability to manage day-to-day sales, marketing and administrative activities," said Ed Pike, Jr. of Ed Pike Lincoln-Mercury Hyundai. "Equipped with wireless networked PDAs, our salespeople are far more productive because they are mobilized with functionality at their fingertips. We are capturing significantly more customer information which we otherwise would have lost or been unable to collect. In a very short period, thousands of prospective customers have been entered into the dealership's database, compared to before with only hundreds in the same amount of time.
    "With this information in our system, our salespeople have better resources to perform follow-up activities -- where most car sales are made. DealerAdvance also delivers benefits to our management, including a completely enhanced ability to track sales performance, and access to information and reports to help us better target customers and launch sales promotions and incentives. While we achieved our goal of improving our position to sell more cars on a sustainable basis, the system has also brought accountability to all levels of the dealership."
    Stronghold's DealerAdvance(TM) system leverages wireless technologies to deliver a Customer Relationship Management (CRM) software application and has been designed to maximize the revenues and reduce the operating expenses of automobile dealerships. The system is designed to increase sales by effectively capturing a greater percentage of unsold customer prospects and maximizing customer "be-back" (return) and closure rates. Automobile dealership employees with PDAs and other networked users can access customer history and contact information, as well as a personal calendar and instructions on follow-up tasks, creating a highly effective communications tool for business development.
    Among the unique features of DealerAdvance(TM), users are provided with current and comprehensive information and data for new and used car inventory (on a real-time basis) and all competing products, and management is provided with data and analysis on each member of a sales team.

    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(TM), 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. Through an integrated CRM (Customer Relationship Management) application, the systems sends detailed tasks for prospect and customer follow-up and produces management reports to measure compliance. DealerAdvance(TM) allows sales professionals to increase sales, improve customer follow-up, and reduce administrative costs.

    The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 ("the Securities Act"), as amended and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, the our statements regarding the anticipated growth in the markets for the our technologies, the continued development of our products, the approval of the our Patent Applications, the successful implementation of the our sales and marketing strategies, the anticipated longer term growth of our business, and the timing of the projects and trends in future operating performance are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including, but not limited to, the timing of revenues due to the uncertainty of market acceptance and the timing and completion of pilot project analysis, and other factors, including general economic conditions, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results to be materially different from those expressed in or implied by such statements. The forward-looking statements are made only as of the date of this filing and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.