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October 22, 2001 SUMMARY:

Squirrel Systems and System Concepts, Inc. Expand Strategic Partnership.

Unique Best-of-Breed Data Warehouse with Web-based Delivery provides Extensive Reporting to the Hospitality Industry.

FOR IMMEDIATE RELEASE . .

Squirrel Systems, Inc ( www.Squirrelsystems.com ), a leading provider of restaurant management systems for independent and chain restaurants, announced today that it has expanded its existing strategic partnership with System Concepts, Inc. ( www.foodtrak.com ). System Concepts, Inc. (SCI) is the leading provider of food and beverage management software and professional services for the hospitality industry.

The collaboration has produced the new Squirrel e-BIS® software system which significantly extends the functionality of the Squirrel POS system. By capturing and consolidating existing raw data from Squirrel POS, food and beverage management, labor management and other products into user-friendly reports, hospitality business owners have the information tool to better manage their operations. The POS industry has over 70 percent penetration of the hospitality industry nationwide. Squirrel, as an industry leader, has approximately 10,000 restaurants, hotels and clubs using its systems worldwide. SCI's FOOD-TRAK® System is utilized by over 10,000 users Worldwide. The extensive experience of these two best-of-breed developers has combined to create Squirrel e-BIS, which is based on SCI's Enterprise Information System®. The Enterprise Information System has been successfully deployed in operations world-wide since 1999.

"The release of Squirrel's e-BIS adds another best-of-breed product to our suite and greatly enhances the value proposition to Squirrel customers," says Barry Logan, President of Squirrel Systems. "Building from a long relationship with SCI enabled us to offer a mature product especially tailored to Squirrel. Our customers now have greater access to consolidated data from many systems whether they are on their desktop or the Internet. The flexibility and automation of reporting across POS, inventory, labor and other domains in a timely and meaningful way is very exciting and beneficial," Logan adds.

Squirrel will sell the e-BIS System software direct and through business partner channels. Compatible with both the legacy version; Squirrel Classic and Squirrel for Windows NT, Squirrel's newest version, the product will be sold to both existing and new Squirrel point-of-sale clients.

"There has been a natural progression in our successful relationship with Squirrel, which brought us to this latest best-of-breed product," said Eric Bergstrom, Vice President of Marketing for SCI. "Squirrel customers will now have a powerful information tool that can combine many pieces of information into a cohesive whole, continuing Squirrel's leadership in innovative and useful application of restaurant management systems."

About System Concepts, Inc.

FOOD-TRAK® Software, designed by System Concepts, Inc., is the first and most widely used PC-based inventory management system for the foodservice and hospitality industry. Incorporating enterprise-oriented controls, data management, and best-of-breed integration FOOD-TRAK utilizes current networking and Internet technologies to provide the most flexible and long-term solution for food and beverage management. Its broad functionality, ease-of-use, and modularity address the needs of all foodservice environments, from the simple to the most complex, including fast food, fine dining, grocery, catering, hotels, clubs, and the institutional market.

Specializing in computerized foodservice inventory management since 1980, SCI's unparalleled expertise is the key to FOOD-TRAK's ever growing popularity and its results-driven implementation. Learn more about SCI and FOOD-TRAK software at www.foodtrak.com or call (800) 553-2438.

About Squirrel Systems

Squirrel Systems is a leading total solutions provider of management systems for independent and chain establishments, including restaurants and food and beverage operations in hotels, resorts and clubs. Headquartered in Vancouver , Squirrel Systems and Squirrel Systems Canada are privately held companies. In its 15 years of profitable operation Squirrel has earned a reputation for innovation and excellence by meeting and exceeding the needs of over 10,000 customers with 50,000 installed Squirrel workstations. As the first company to introduce touch-screen ordering into the restaurant market, it has a long track record as an innovator. To learn more about Squirrel, visit www.Squirrelsystems.com.

MEDIA CONTACTS

Linda Gillis
Director, Marketing
Squirrel Systems
Tel: 604.412.3300
Email: lgillis@Squirrelsystems.com

Eric Bergstrom
Vice President Marketing

System Concepts, Inc.
Tel: 877.655.3591 / 480.951.8011
Email: ericb@foodtrak.com

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