VoiceFlash Networks, United Capturdyne Division Re-Signs with Strauss Discount Auto Parts and Services

Business Wire, May 7, 2002

Business Editors/High-Tech Writers

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May 7, 2002

The Updated Contract Applies United Capturdyne's AccountMax

and TransMax Processing Solutions to Chain Retailer

Strauss Auto's Point-of-Sale Transactions

United Capturdyne Technologies, Inc., a wholly owned subsidiary of VoiceFlash Networks, Inc. (Nasdaq:VFNX), announces that it has re-signed its agreement with Strauss Discount Auto Parts and Services and expanded its services to include its state-of-the-art TransMax and AccountMax point-of-sale processing solutions. The updated contract builds on a ten-year relationship between the two companies.

Via TransMax, the new arrangement applies United Capturdyne's high-tech, low-cost custom solutions for processing non-cash point-of-sale transactions to Strauss Auto's Fleet Card program, check verification, employee discount cards, and customers' sales tax exemptions with minimal changes at Strauss's end.

"We accommodate to the retailer's needs rather than the other way around," says Jack Stone, United Capturdyne's COO, "and for 5% of what it would cost them to revamp their system." Once United Capturdyne has Strauss Auto's specs, Stone says, "we can deliver in minutes what would take anybody else weeks to accomplish." Stone describes United Capturdyne's AccountMax as a "full-scale facilities management engine. It can handle all of Strauss's account bases -- they just need to tell us what they've got."

An automotive parts and service retailer with 83 years in the business and annual revenues of $180,000,000, Strauss Discount Auto Parts and Services Auto operates 95 stores in New York, New Jersey, Delaware, and Pennsylvania. With 350 service bays in its 54 state-of-the-art automotive service centers, Strauss Auto's motto, "We keep you driving!" guarantees that its expert technicians "get your vehicle fixed right the first time, every time." Strauss Auto superstores stock over 25,000 import and domestic auto parts, including the country's largest selection of name-brand auto parts, accessories, and top-quality Cordovan tires. Strauss Auto's Fleet Cards give fleet operators access to all of Strauss's automotive services and products with credit-card convenience. Stone says that United Capturdyne's FleetMax processing system, geared specifically to noncompeting retailers in the after-market auto industry, "is the perfect fit for processing Strauss's Fleet Card transactions. We'll do the modifying at our level."

United Capturdyne's technology is a specialized component of the solutions portfolio offered by VoiceFlash Networks, its parent company, whose mission is to be the premier provider of customer-friendly business-to-consumer interface solutions. To this end, VoiceFlash supports large chains and multi-location businesses with reliable, state-of-the-art computing and internetworking solutions: secure transaction processing and such technological enhancements as mobile commerce and alternative payment solutions. "When a customer adopts our technology, we put it in place in a way that's easy for them and doesn't interrupt their ongoing operations," says Robert J. Kaufman, VoiceFlash Networks CEO. "Our goal is to enhance the customer's overall experience and, at the same time, cut their operational overhead. And that's what we do."

About United Capturdyne

United Capturdyne Technologies, Inc., a wholly owned subsidiary of VoiceFlash Networks, Inc., specializes in cost-effective and timely custom non-cash payment solutions. The foundation of UCT technology lies in its processing engines, including AccountMax, TransMax, CheckMax, InterMax, and SHARON. With these dynamic tools, UCT can modify any in-place cash-register or POS software system, with no change in the retailer's hardware or software, and manage all customer files. For more information, please visit United Capturdyne at http://www.capturdyne.com.

About VoiceFlash Networks, Inc.

VoiceFlash Networks, Inc. (Nasdaq:VFNX) is a leader in the commercialization and integration of wireless technologies into legacy point-of-sale software and hardware systems. The company develops wireless technologies on the cutting edge of wireless evolution that link independent mobile devices on a unified platform to manage personal consumer data via point-of-sale systems and an open standards-based Application Programming Interface (API). For more information, please visit VoiceFlash at http://www.voiceflash.com

The Company may periodically release forward-looking statements pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company or its industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, among others, future trends in sales and the Company's ability to introduce new products in a cost-effective manner. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.