Stronghold Technologies Strengthens Management Team

BASKING RIDGE, N.J.--July 28, 2003--Stronghold Technologies, Inc. (Nasdaq OTCBB:SGHT), the developer of DealerAdvance(TM), an enterprise software system leveraging wireless technologies for the automotive retail industry, today announced three executive level appointments in anticipation of the Company's growth.

Mary Weaver was appointed to the new position of Vice President of Marketing for Stronghold. In this capacity, she will establish and manage the Company's marketing strategies. With more than twenty years experience as an executive for technology companies, Ms. Weaver had previously worked alongside Stronghold founder and Chief Executive Officer Christopher Carey at Datatec Systems, Inc., which they co-founded and grew to nearly $100 million in annual revenue.

Thomas P. Murphy has been promoted to the position of Vice President of Sales for Stronghold's Eastern Region. Located at the Company's Northern Virginia Operations and Development Center, Mr. Murphy will manage Stronghold's sales initiatives on the east coast from Maine to Florida. Mr. Murphy has extensive experience in the retail automotive market, including dealership management software sales and product development, and retail dealership management. He is also party to two new U.S. Patent Applications developed for enterprise applications.

Jordan M. Darrow joined Stronghold to fill the newly created position of Vice President of Investor Relations and Corporate Communications. In this capacity and drawing on his career in counseling corporations, Mr. Darrow will lead Stronghold's efforts to increase its awareness among investment community, media and retail automotive industry constituencies. Among his professional accomplishments, Mr. Darrow is a winner of the prestigious Creativity in Public Relations Awards (CIPRA) competition for the Best Investor Relations Program for an Initial Public Offering.

Commenting on the additions to Stronghold's management, Christopher Carey said, "We are very excited to have such experienced and accomplished individuals join our team. With our strengthened management team, Stronghold is better positioned to capitalize on the increasing interest in our core product DealerAdvance Sales Solution(TM). Moreover, we believe this expansion enables us to substantially commence our growth strategy, including initiatives to further penetrate existing markets and pursue opportunistic acquisitions."

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. Additional information is available at Stronghold's Web site at www.strongholdtech.com.

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.