imagistic Reaches Milestone With Five Year Anniversary

VENICE, CALIFORNIA – June 27, 2002 – imagistic (www.imagistic.com), an Internet services company that specializes in Web application development, has hit another major milestone this week with the celebration of its five-year anniversary.

Founded in June 1997 by Michael Weiss, Kevin Goldberg and Marcelo Ziperovich, imagistic was launched in the second bedroom of Ziperovich's home. It was an opportune moment, just prior to the beginning of the Internet boom of the late 1990s. Over the next five years, imagistic developed a high-profile client list and an impressive project history that includes e-business infrastructure development, RFP consultation and technology support for online branding and advertising initiatives. Thanks to its commitment to nurturing long-term client relationships, the company has continued to thrive throughout the dot com bust and the current economic downturn.

Other imagistic milestones:

• By 1998, imagistic had added Disney, CarsDirect.com and UCLA to its client roster
• In 1999 the company exceeded $1 million in revenues.
• By 2000 the company had grown from 3 to 28 full-time employees.
• In 2000 imagistic moved from smaller offices to a new 5,000-square-foot facility in the heart of Venice and Los Angeles' new media and technology community.
• In 2001 the company was recognized as the fourth fastest growing private company in Los Angeles by the Los Angeles Business Journal.
• In 2001 imagistic added both California Pizza Kitchen and Shari's Restaurants to its client roster and cemented its position as one of the foremost experts in Web design and e-business for the restaurant industry.
• 2001 saw the launch of imagistic's first software product, RICS. The Restaurant/Retail Information and Communication System is a turnkey Intranet solution developed for the restaurant and retail industries.
• In 2002 the company was honored with a number of awards for its work in the public service and non-profit sectors. Among the highlights were a Webby nomination for TeachingTolerance.org, the Southern Poverty Law Center's online education initiative; and the Eisenhower National Clearinghouse' Digital Dozen Award for Getsmarter.org.

"We've had an exciting ride," said Michael Weiss, chief executive officer, imagistic. "The challenge now is to stay on top of the tremendous technology advances that are bound to affect us all over the next five years."