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Stronghold Technologies Announces Two Customer Contracts from Gordon Turner Motors

BASKING RIDGE, N.J.--Dec. 8, 2003--

  DealerAdvance(TM) is Key for Turner Volvo to Receive Cash Back From Manufacturer for Selling Cars; Volvo Dealers Looking for Same Incentive Creates Growth Opportunity for Stronghold  

Stronghold Technologies, Inc. (OTC Bulletin Board: SGHT), the developer of DealerAdvance(TM), an enterprise software system using wireless technologies for the automotive retail industry, today announced the signing of two new customers in California, Turner Volvo and Turner Nissan. The dealerships are owned and operated by Gordon Turner Motors Inc. Stronghold now has 27 dealerships in California using DealerAdvance(TM) and continues to gain share in one of the largest automobile markets in the country.

"We believe our experience in California is indicative of the significant growth that is attainable from a developed region," said Christopher Carey, Chief Executive Officer of Stronghold. "California was the first market Stronghold penetrated, and we are very excited by the progress made in building the Carolinas and Florida into two regions with promising customer pipelines. As evidenced by our success in California, providing exceptional service to individual dealerships has led to multiple purchases by automobile owner groups, such as the case with Gordon Turner Motors."

Stronghold was introduced to the Turner organization earlier this year when Turner Volvo hired a new general manager who had used Stronghold's DealerAdvance(TM) at another California dealership. Turner Volvo and Turner Nissan wanted to elevate their performance. In addition to new management, the dealerships sought outside assistance to grow and improve their businesses. Executives for both Turner Nissan and Turner Volvo visited a Honda dealership in California using Stronghold. Shortly after leaving the dealership, the decision was made to install DealerAdvance(TM) at both Turner stores.

Turner Volvo and Turner Nissan, both of Sacramento, California, purchased the DealerAdvance(TM) system after the successful completion of a two-month performance period. The dealerships signed long-term contracts with Stronghold. System installation for each dealership was nearly identical, including networking, hardware and software for wireless and wired configurations, and a driver's license scanning station. Stronghold assisted Turner Volvo in its relocation to a recently built 22,000 square foot facility - nearly three times the size of the original site.

"I've been in the retail automotive business since 1969 and DealerAdvance(TM) is one of the best things I've seen," said Patrick Turner of Turner Volvo. "Stronghold's outcomes-oriented solution combines a consultative approach to working with its customers and proprietary technology that we view as the ultimate way for dealers to best manage their customer traffic, improve sales and follow-up processes, and increase management control and organizational efficiencies.

"Stronghold definitely played a role in improving our performance. Prior to Stronghold when we used other lead management systems, we were selling about 55 cars per month. With Stronghold as our partner, we are averaging nearly 85 new and used vehicle sales per month. We have set a goal at our new location of reaching 100 sales per month."

Turner Volvo's use of DealerAdvance(TM) and other dealer functions enables it to receive a cash incentive paid by Volvo to dealers using a qualified "Showroom Control System." For Volvo dealers in the U.S., using DealerAdvance(TM) means that the system may further pay for itself. These dealers have more reason than ever for becoming a Stronghold customer.

Gordon Turner Motors Inc. was founded in 1956. After serving in the United States military as a B-25 Mitchell pilot in WWII, Gordon Turner's passion for automobiles and an entrepreneurial spirit landed him a job in auto sales. After several years as a used car specialty dealer, Gordon became a new car dealer with the franchises Triumph and Volvo. Their philosophy is simple; they operate and are managed with a "common sense" approach towards the sales and servicing of new and pre-owned vehicles. Fast, innovative, and friendly is Turner's way of doing business.

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.

An independent research report on the Company is available for investors and the general public at http://www.stocksontheweb.com/sght.htm.

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.