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August 26, 2002 SUMMARY:

Squirrel offers customer leasing through The Epson AcclaimT Finance Program

FOR IMMEDIATE RELEASE . .

Vancouver, B.C. – August 26, 2002 - Squirrel Systems, a leading provider of restaurant management systems for independent and chain restaurants, announced today that they will offer creative financing for new system sales through the Epson Acclaim™ Finance Program. The Epson Acclaim Finance program is one of a number of comprehensive benefits to Epson Acclaim OEM partners.

Through its partnership with Epson, Squirrel is able to offer its customers a wide variety of leasing opportunities. With Epson’s transaction printers as a component of their overall system solution, customers can take advantage of 100% financing at highly competitive rates. Our financing offerings will provide turkey solutions. Squirrel customers’ will be able to create their own technology paths with Squirrel’s long-term commitment, easy upgrades and creative finance options.

"The Epson Acclaim Leasing program is a very exciting financial product. It allows Squirrel to become even more competitive and flexible in offering our customers reasonable ways to acquire the latest in technology from Squirrel and Epson. Bundling systems, service and support into one convenient affordable payment really assists the restaurateur in justifying an investment in Squirrel." says Barry Logan.

According to Bud Weist, Director of Sales and Marketing at Epson, “Epson’s flexible Acclaim Finance Program provides Squirrel customers with a total financing package including not only hardware but installation, software, service, training and maintenance. By offering Epson’s customized financial solution to its customers, Squirrel gains the ability to close more business and provide added financing flexibility to its hospitality customers.”

About Epson

Epson offers an extensive array of POS printers and transaction terminals for the retail, hospitality, supermarket and banking markets. Epson's Connect-It(tm) family of legacy, standard and peripheral connectivity interfaces ensure Epson POS printers are compatible with proprietary systems as well as best of breed component based systems. Founded in 1975, Epson America, Inc. is the U.S. affiliate of Japan-based Seiko Epson Corporation, a global manufacturer and supplier of high-quality technology products that meet customer demands for increased functionality, compactness, systems integration and energy efficiency. Epson America, Inc. is headquartered in Long Beach, California.

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

Christy Caplan
The Stephenz Group.
Tel: 408.882.4658
Email: ccaplan@stephenz.com

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