The Research Works Initiates Coverage of Stronghold Technologies

BASKING RIDGE, N.J.--Nov. 2, 20034, 2003--Stronghold Technologies, Inc. (OTCBB: SGHT) announced today that The Research Works, Inc., an equity research firm that specializes in small-capitalization stocks, has initiated research coverage on the Company with an initial near term stock price target of over $2.00 per share, or approximately four times the current stock price.

The research report is available online for free through Stocks on the Web, the Web-publishing division of The Research Works, at http://www.stocksontheweb.com/sght.htm. In the report, the analyst noted that Stronghold has developed unique proprietary technology that provides it with a competitive advantage in serving the automotive retail marketplace. With a market estimated at $8.5 billion, the analyst believes that Stronghold's "operations are expected to turn solidly profitable in 2004."

About The Research Works

The Research Works, Inc. is an equity research boutique founded in 1992. Its principal objective is to assist undervalued small-cap companies achieve fair value for their stocks by producing high-quality research reports that are grounded in fundamental analysis and state-of-the-art equity valuation models. Our reports are written by experienced staff and have a balanced perspective. The company is registered as an investment advisor in the State of New Jersey.

About Stronghold Technologies

Stronghold Technologies, Inc. (www.strongholdtech.com) 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.

For Stronghold Technologies, Inc.: 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.