SCB Computer Technology, Inc. Delisted From Nasdaq

Business Wire, August 18, 2000

Business Editors/High-Tech Writers

MEMPHIS, Tenn.--(BUSINESS WIRE)--Aug. 18, 2000

SCB Computer Technology, Inc. announced today that the Nasdaq Stock Market has delisted its common stock. Nasdaq previously suspended trading in SCB's common stock on April 14, 2000, and notified SCB of its initial determination to delist the common stock on May 26, 2000. SCB appealed the Nasdaq delisting determination to a Nasdaq Listing Qualifications Panel, which stayed the delisting pending the issuance of a decision by the panel. The panel yesterday issued its decision to affirm the delisting effective today.

As a result of the delisting, SCB is seeking to have its common stock traded in the over-the-counter market and to have transactions in its common stock quoted on the OTC Bulletin Board or another quotation service. SCB will update investors on developments in this regard once they occur.

Certain statements contained in this press release and related statements by management of SCB may be deemed to be forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the risks described in SCB's filings with the Securities and Exchange Commission. SCB undertakes no obligation to update this forward-looking information except as required by law.

SCB Computer Technology, Inc., is a leading provider of information technology management and technical services to Fortune 1000 companies, state and local governments, and other large organizations.