DOVICO finalist for Innovation and Marketing Awards

Moncton - October 12, 2001 - The Greater Moncton Chamber of Commerce has recently nominated DOVICO Software, based in Moncton, New Brunswick, as 1 of 3 finalists out of 75 companies for the Innovation and Marketing Awards.

"It's very unusual to see a company being a finalist for two different awards," says Valerie Roy, CEO, Greater Moncton Chamber of Commerce.

DOVICO, a profitable private corporation, has been a leader in developing and manufacturing high technology products dealing with project tracking and time management solutions for over 10 years. Since its early beginnings, the company has been focused on it's development of their award winning time management and project tracking systems to be marketed under the trade name of Track-IT.

Track-IT time and project tracking software has previously been awarded "Best Business Software", "5 out of 5 stars, Editor's Choice" by ZDNet and numerous other awards. Track-IT is already used by many companies on a world wide basis including such companies as American Express, US Bankcorp, US Office of Personnel, FedEx, US National Weather Service, Compaq, Blue Cross and many more.

Since 1997, DOVICO has been concentrating on global markets through the Internet (www.dovico.com), and has seen a move in its existing client base to over 90% into these international markets. This strategic move has also brought a consistent yearly sales growth well over 200%.

DOVICO's growth has fostered the challenge to find good people with the right skill set. So far, the company has been successful in recruiting locally by searching New Brunswick for on-line account managers and programmers offering competitive salaries ranging from $30,000 to $100,000. "DOVICO is always finding better ways to offer a positive working environment, excellent wages and benefits," says Diane Doucet, DOVICO's VP of Operations.

Editors Note: Wait till you see why... Track-IT Suite !!

About DOVICO

DOVICO Software, remains a privately held company and leader in time and project tracking solutions worldwide. Their award-winning suite of products marketed under the trade name of Track-IT® Suite, helps organizations with resource and project management, and gives management, partners and customers accurate and timely information for better decision making. Therefore resulting in cost reductions, productivity increases, and ultimately increased corporate profits. Clients and partners include 1000s of well-known corporations located worldwide such as Motorola, WebMD, Michigan State University and Honeywell. For more information on DOVICO or Track-IT(R) Suite software please call 1-800-618-8463 (North America), 800 4618 8463 (International) or visit www.dovico.com

For more information on DOVICO or DOVICO Timesheet software please call 1-800-618-8463 (North America), 00 800 4618 8463 (International) or visit www.DOVICO.com