News Release

NewAge Systems is 63rd Fastest Growing IT Company In PS100 Ranking

Princeton, December 17, 2002 - NewAgeSys Inc., a leading provider of information technology solutions has been named the 63rd fastest growing IT staffing company in US by The Talent Economy, a top staffing industry publication. NewAgeSys is among the 100 companies to receive the Purple Squirrel distinction. The Purple Squirrel 100 ranks companies based on net sales growth during recent three-year period.

About NewAgeSys, Inc.

Founded in 1994, NewAgeSys is one of the premier providers of Information Technology Solutions in the United States, offering IT services to Fortune 500 companies. Headquartered in Princeton, New Jersey, NewAgeSys is operating nationwide with services performed onsite, offsite and offshore. NewAgeSys offers complete project life-cycle services - from System Study to application design, development, implementation, documentation and training including project management. Strategic alliances with leading software vendors ensure that NewAgeSys' customized solutions are dependable. NewAgeSys is known for solving business problems with cost effective technical solutions and exceeding its customer's expectations.

For Further information, please contact Johny John at 609-919-9800 x824 or visit us at http://www.newagesys.com