GenSoft Systems, Inc. and Olsen Thielen Technologies, Inc. Forge Strategic Alliance

Business Wire, March 26, 2002

Business Editors & Technology Writers

GENESEO, Ill.--(BUSINESS WIRE)--March 26, 2002

Alliance Leverages GenSoft's Windows-Based Billing Software

and Olsen Thielen Technologies' Business Solutions to

Provide Solutions for Telecommunications Companies

GenSoft Systems, Inc. and Olsen Thielen Technologies, Inc., today announced a strategic alliance to offer Windows-based billing software and business solutions to clients in the telecommunications industry.

Olsen Thielen Technologies, Inc. is an award-winning Microsoft Great Plains Business Solutions Partner serving the Upper Midwest. GenSoft is a leading telecommunications management software provider, with a state of the art billing software product. Together, this alliance will bring the benefits of both companies software solutions to independent telecommunications clients that have requirements ranging from billing to enterprise-wide business solutions.

"GenSoft offers a variety of great solutions that will significantly improve our client's productivity," said Eric Sheehan, Principal of Olsen Thielen Technologies, Inc. "We're excited to work with GenSoft to deliver fully integrated billing technology to our independent telecommunications clients. Through this strategic relationship, end-users now have the ability to interconnect all facets of their company's business. The software is run by the client directly on their Windows 2000 server platform."

"We're very excited that Olsen Thielen Technologies selected GenSoft Systems as their telecommunications billing software partner," said Maxine Manning, Vice President and General Manager of GenSoft. "Olsen Thielen Technologies has an excellent reputation for delivering innovative products and superior services, along with a proven track record of satisfied telecommunications clients and seamless implementations. GenSoft has a very user friendly, state of the art software billing product that is uncomplicated and straightforward, bringing significant value to independent telecommunications companies who want the leading billing service functions," added Manning.

About Olsen Thielen Technologies, Inc.

Olsen Thielen Technologies, Inc. is a recognized leader in delivering enterprise software and services to small and mid-market businesses in the Upper Midwest. They help organizations find business solutions that extend from telecommunications billing management to back office operational applications. Headquartered in the Twin Cities, they are an award-winning partner with Microsoft Great Plains Business Solutions. Olsen Thielen Technologies, Inc. is a wholly owned subsidiary of Olsen Thielen & Co. who is ranked as one of Bowman's top 100 certified public accounting firms and has earned a reputation as a leader for providing quality service to a wide range of clients. Olsen Thielen provides accounting and consulting services to more than 200 telecommunications clients. For more information visit www.olsen-thielen.com.

About GenSoft Systems, Inc.

GenSoft Systems, Inc., based in Geneseo, Ill., provides billing solutions for independent telecommunications companies. GenSoft's management software is fully integrated offering: Subscriber and CABS billing, Toll Rating, Plant, Trouble, CATV, E-billing and Online Customer Care. GenSoft is one of the industry's fastest growing PC based software-billing providers. The software was written on site at an independent telephone company for the independent industry, and is consistently updated with input from GenSoft clients. For more information visit www.gensoftsystems.com