Computer Concepts Licenses d.b.Express Software for Electronic Telephone Billing in Second Major Deal Announced in One Week; Licensing deal follows massive purchase by IBM

Business Wire, Dec 23, 1996

BOHEMIA, N.Y.--(BUSINESS WIRE)--Dec. 23, 1996--Computer Concepts Corp. (NASDAQ:CCEE) announced today that Wallingford, Conn.-based Profitec Inc., an innovative provider of billing services used by long distance carriers, has signed a license agreement to utilize Computer Concepts' patented d.b.Express(TM) visual data mining and reporting software technology as part of their electronic billing service.

This license will provide Computer Concepts with an ongoing monthly revenue stream derived from Profitec's electronically billed customers. Computer Concepts' technology will be rolled out by Profitec to its customers during the first quarter of 1997.

Late last week it was announced that IBM's Global Services division had purchased 50,000 units of the unique d.b.Express(TM) database mining software for its NetWork Station Delivery (NWS) clients.

Profitec, founded in 1964, and Profitec's president, Richard Minervino Sr., expect tremendous growth in phone bills being delivered electronically. Minervino said, "We expect to remain extremely competitive in this fast-growth industry by introducing the visual analysis and reporting capabilities of the d.b.Express technology. "Now our customers will have state-of-the-art technology to visually analyze their phone bill, thereby giving them the ability to easily identify calling trends and abuses, which will result in substantial savings."

Computer Concepts' president Dan DelGiorno stated, "We are pleased to have this license agreement with Profitec which provides innovative telephone billing systems that help significantly reduce the time and money spent analyzing monthly billing statements. "Just as the airline industry is shifting to electronic ticketing, the telephone industry is shifting to transmittal of bills electronically, which also supports computer-driven analysis." DelGiorno added, "Our new visual analysis and reporting product developed for Profitec goes a step further than current technologies in that it provides everyday customers with the ability to easily review and analyze all of their telephone bills electronically which, in the past, used to take pounds of paper just to print." -0-

Computer Concepts develops software tools including d.b.Express that assist end users in the retrieval and visualization of all types of data. Its MapLinx Corp. subsidiary develops software used for Geographic Information Systems interfaces for end user applications. Its SoftWorks subsidiary develops applications for the IBM mainframe market that enhance reliability, accessibility, and capabilities in the mainframe operating environment. SoftWorks currently offers solutions that operate within arenas that focus on critical Information Technology (IT) needs including the Performance Arena, the DataStor Arena, and the year 2000 Arena. Located in Bohemia, Computer Concepts and its subsidiaries employ a staff of 165. For more information about Computer Concepts and its subsidiaries, call 516/244-1500, or visit the Computer Concepts' Web site at www.computerconcepts.com

CONTACT: Computer Concepts Corp.

Gary Kolesar, 516/244-1500

or

George Arzt Communications Inc.

Fielding Dupuy, 212/608-0333