Prologic Elects to Delist Its Securities from the Nasdaq SmallCap Market

Business Wire, August 7, 1998

TUCSON, Ariz.--(BUSINESS WIRE)--August 7, 1998--PROLOGIC MANAGEMENT SYSTEMS, INC. (NASDAQ: PRLO, PRLOW) announced today that it has notified the Nasdaq Stock Market ("Nasdaq") that it will not pursue its right to appeal the decision by Nasdaq to delist the Company's securities from the Nasdaq SmallCap Market.

Management stated that although the capital needed to maintain continued listing on the Nasdaq Small Cap Market was available to Prologic, the terms and conditions of such capital were unacceptable to Prologic.

Prologic anticipates filing its Report on Form 10-KSB for the year ending March 31, 1998 on or about August 14, 1998. Prologic expects Nasdaq to discontinue trading Prologic securities and that its securities will be eligible for trading on the over-the-counter Bulletin Board soon after its Form 10-KSB is filed. The delisting may negatively impact the liquidity of the Company's securities.

PROLOGIC MANAGEMENT SYSTEMS INC. (http://www.prologic.com) is a commercial systems integration and software development firm with development expertise in manufacturing, distribution, resource planning and resource tracking. Prologic subsidiaries, BASIS, Inc. (California, Oregon) and Great River Systems, Inc. (Minnesota), offer national and regional systems integration expertise. Services include enterprise and workgroup client/server design and optimization, relational database development, LAN/WAN and workgroup solutions, Internet/intranet design and connectivity, and graphic design services for the World Wide Web. Prologic provides a full range of hardware and commercial software solutions, with a focus on UNIX-based products, as well as NT and legacy interoperability.

CONTACT: Prologic Management Systems, Inc.

Janet Cabibbo

(520) 320-1000