INFORMATION MANAGEMENT CONSULTANTS (IMC) DONATES $52,500 TO ROBERT H. SMITH SCHOOL OF BUSINESS

MCLEAN, VA and COLLEGE PARK, MD - October 20, 1998 - Information Management Consultants (IMC), Inc., a leading information technology and management consulting firm in McLean, VA, is donating $52,500 over three years to the Robert H. Smith School of Business at the University of Maryland, College Park. The gift will fund the IMC Knowledge Management Seminar Series at the Smith School of Business, providing $15,000 in annual support. It will also fund an annual $2,500 first prize to the school's best MBA Consulting Project team.

"We are pleased to sponsor this seminar series at the University of Maryland's Robert H. Smith School of Business, a premier institution," said Sudhakar Shenoy, Chairman and CEO of IMC. "Through our partnership with the Robert H. Smith School of Business, IMC seeks to strengthen the critical linkage between information technology companies and academic institutions. Relationships of this type create the kinds of "win-win" outcomes that are integral to our business."

The first IMC Knowledge Management Seminar was October 9 at the Smith School of Business. Titled "Research Directions in Electronic Commerce," the seminar featured Stuart Feldman, director of the IBM Institute for Advanced Commerce at the IBM T. J. Watson Research Center. Feldman discussed the potential of electronic commerce to revolutionize the global economy.

The Robert H. Smith School of Business will present the first IMC Award to the best MBA Consulting Project team in February. The school requires its second-year MBA students to work as teams to complete semester-long consulting projects with a variety of companies and organizations. This requirement gives students invaluable hands-on experiences inside an organization.

"We are excited about our new partnership with Sudhakar Shenoy and IMC, said Howard Frank, dean of the Robert H. Smith School of Business. "We are working strategically to distinguish the Smith School as one of the nation's best schools for business learning and knowledge advancement. Critical to our success are activities that provide opportunities for the school to focus on knowledge and information management. Mr. Shenoy's gift is enabling the Smith School to provide such opportunities."

Founded in 1981, Information Management Consultants, Inc., is a privately-held information technology company that specializes in solving highly complex business problems. Recognized by leading industry analysts as "visionaries in business solutions frameworks," and "one of the most forward thinkers in workflow technology," IMC was ranked among "The Top 25 Companies to Watch in 1998" by KM World Magazine. The company provides a wide range of information systems design, planning, development and implementation services, both in the United States and throughout the world, to public- and private-sector clients such as NationsBanc, Primus Automotive Division of Ford Motor Company, the U.S. Department of State, and the U.S. Department of Transportation.

About the Robert H. Smith School of Business

The Robert H. Smith School of Business at the University of Maryland is an internationally recognized leader in management education and research for the digital economy. The school offers cross-functional study options in its six academic departments, which include accounting and information assurance; decision and information technologies; finance; logistics, business, and public policy; management and organization; and marketing. More information about the Robert H. Smith School of Business can be found at http://www.rhsmith.umd.edu.