Edgetech Signs Supply Arrangement with Federal Government of Canada for IT Services


TORONTO, May 20, 2003 (PRIMEZONE) -- Edgetech Services, Inc. (OTCBB:EDGH), a total business solutions provider specializing in IT Security and Outsourced IT Services, today announced that it has recently signed a Supplier Arrangement with the Federal Government for the provision of professional services for 6 federal government departments over a period of 3 years.

"This is just a part of our continued aggressive efforts to expand our market share into the government vertical and we expect to secure many more projects in the future with the government. We are very happy with our continued successes," says Tae-Ho Kim, CEO, Edgetech Services Inc.

"We are embarking on a major growth phase for the upcoming year and this major contract is a strong step in that direction," said Sang-Ho Kim, Chairman and President, Edgetech.

Our current and future plans are to reinforce our continued efforts to focus on solid revenue generation and increasing shareholder value through potential acquisitions of new companies and or new technologies in Enterprise IT Security.

About EdgeTech Services

Edgetech's primary business is IT Consulting covering the following areas: IT Security, Biometrics, Business Solutions, Systems Engineering, Software Development and Project management. Edgetech is a Business Partner to Microsoft, IBM, Symantec, Counterpane and many others. Edgetech's clients include major government and private sector clients in Canada and the United States. Some of these clients include: IBM, Falconbridge, Bell Nexxia, Rogers Telecom and Province of Ontario. The Edgetech website is www.edgetechservices.com

This press release includes forward-looking statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Inherent risks and uncertainties could cause actual results to differ materially from the forward-looking statements. Such risks and uncertainties are described in the periodic reports the Company files with the Securities and Exchange Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release.



            

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