Pohanka Acura Uses Stronghold Technologies to Become the Country's Number One Acura Dealership; Dealership Ranks as Top Acura Location Three Months Straight

BASKING RIDGE, N.J.--July 31, 2003--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 that its customer Pohanka Acura has become the nation's largest Acura dealership in terms of vehicles sold. Located in a suburb of Washington, DC, Pohanka has ranked as the largest volume Acura dealership in the country for the past three months. The dealership achieved its leading status after implementing Stronghold's DealerAdvance(TM) Sales Solution less than one year ago.

Stronghold's DealerAdvance(TM) system delivers 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 using the systems 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.

Prior to its use of DealerAdvance(TM), Pohanka Acura, like many of the automotive retail industry's 22,000 dealerships, had been manually collecting prospective buyer information. Since implementing DealerAdvance(TM), Pohanka Acura consistently increased its market share of new and used Acura vehicles sold.

"We signed a long term lease for Stronghold's DealerAdvance(TM) after a year and half review of competitive offerings," said Lenny Gonzales, General Manager of Pohanka Acura. "Our determination was made in large part because of Stronghold's dedication to customer support and the ease of implementing and using DealerAdvance(TM). The system has definitely made an impact on Pohanka Acura gaining market share. Considering the fragile state of the economy, our increase in vehicle sales is even more remarkable."

Noting the scalable functionality of DealerAdvance(TM), Pohanka Acura intends to double its advertising budget and begin using television as a medium to draw customers. "DealerAdvance(TM) has made it possible for our salespeople to handle more customers," added Mr. Gonzales. "Our sales consultants are empowered with automated features and a wealth of information in real-time which has helped us to improve our initial customer consultation. The follow-up sales procedures and management reports enable us to be more productive and effective in closing deals. With Stronghold as our partner, we are excited by the possibility of increasing car sales and becoming an even larger dealership."

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.