Intelligent Systems Technology Wins the Tibbetts Award for California

Santa Monica, CA, (October 26, 1999) - Intelligent Systems Technology, Inc. (ISTI) announced today that it was a recipient of the 1999 Tibbetts Award for California. The national award ceremonies were held today in Washington, D.C. including events at the White House and on Capitol Hill. Dr. Azad M. Madni, President and CEO of ISTI said: "This is a major accomplishment for the company given the stiff competition in California and the prestige that goes with the Tibbetts Award."

Named after Roland Tibbetts, the acknowledged father of the Small Business Innovative Research (SBIR) program, these prestigious national awards are made annually to those small firms, projects, organizations, and individuals judged to exemplify the very best in SBIR achievement. The specific achievements that the Tibbetts Award recognizes are in INNOVATION, RESEARCH, and TECHNOLOGY.

ISTI was co-nominated by the Defense Advanced Research Projects Agency (DARPA) and the U.S. Navy for its impressive and steady string of achievements on SBIRs sponsored by the DARPA and the Office of Naval Research (ONR). ISTI's research and innovation in web-based collaborative product development, process management technology and its successful transfer and commercialization were major factors in this award being made to ISTI.

Intelligent Systems Technology, Inc. is at the forefront of the new breed of IT companies specializing in integrated web-based solutions for corporate initiatives planning and management. The company's flagship products include The ProcessEdge™ Enterprise Suite and TeamEdge™. The company's SolutionEdge™ Services are directed to providing strategic planning, training, consulting, and application integration services. For more information, contact ISTI at isti@intelsystech.com or visit the web site at www.intelsystech.com.

The ISTI logo, ProcessEdge, TeamEdge, and SolutionEdge are trademarks of Intelligent Systems Technology, Inc.