PTI Announces Retirement of Dr. Costis Toregas; Dr. Toregas Assumes Role of President Emeritus

2/2/2004

From: Brian O'Neill of Public Technology Inc., 215-686-8336

WASHINGTON, Feb. 2 -- The Chairman of the Board of Public Technology Inc. (PTI) announced today that Dr. Costis Toregas is retiring as President of PTI after 32 years of service. He will assume the role of President Emeritus on April 1, 2004 so that PTI can continue to utilize his expertise and long tenure with the organization. As President Emeritus, he will focus on shaping new strategic endeavors for PTI, be an active supporter and proponent of its programs, and be a contributor at its major events including the upcoming PTI Congress in San Antonio TX.

"The Board appreciates all the contributions Dr. Toregas has made at PTI," said Brian O'Neill, Chairman of the Board. "In his new capacity, Dr. Toregas will devote his time to not only providing counsel to PTI, but also extend his public sector industry knowledge through writing, teaching and research".

The Board of PTI has appointed a Management Committee to initiate a search for a new Executive Director. In the interim, Thom McCloud, Chief Operating Officer of PTI will take over day to day responsibilities, effective April 1, 2004.

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Public Technology, Inc. (PTI) is a non-profit technology research and development membership organization based in Washington, DC. Cities and counties across the country are members of PTI. Founded more than 30 years PTI's mission is to "bring the benefits of technology to local governments." PTI members and Industry Partners work together to identify needs and develop technology responses for all local governments.



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