OneSource Technologies Announces Agreement Reached with NCR Corporation

Business Wire, Feb 7, 2005

SCOTTSDALE, Ariz. -- OneSource Technologies, Inc. (OTCBB:OSRC) announced today that an agreement was reached with NCR Corporation (NYSE) to resolve a dispute and provide for the settlement of lawsuits that originated in 2003 between First Financial Computer Services, Inc., a private company that merged with OneSource in November 2004, and NCR. As a result of the settlement, OneSource has acquired licenses for all past, present and future use of all NCR's item-processing diagnostic software and manuals, and has become a fully authorized Independent Service Organization (ISO) and an authorized Associate Reseller of NCR Equipment. With the resolution of disputes and settlement of the lawsuits filed by each company against the other, neither First Financial nor NCR admit or have admitted any liability on the respective claims asserted against them in the lawsuits.

"OneSource is pleased with the settlement that allows us to move forward as an authorized reseller of new NCR equipment and continues our ability to service NCR equipment. We are one of the few vendors that services item-processing equipment from the four major vendors in the United States market: IBM, NCR, Unisys and Banctec," stated Michael L. Hirschey, chief executive officer of OneSource Technologies. "We look forward to our future relationship with NCR and the building of a mutually beneficial business relationship."

OneSource is engaged in two closely related and complementary lines of technology industry services and products: i) equipment maintenance services; and ii) value added equipment supply sales. OneSource is credited as the creator of the unique Flat-Rate Blanket Maintenance System(TM), an innovative program that provides customers with a single-source for all general office, computer and peripheral and industry specific equipment technology maintenance, installation and supply products. The Company is also a single-source provider of equipment sales, leasing and maintenance services to large, national customers in the financial services industry. OneSource is the only company in the country that supports new and used transaction processing hardware from all the major manufacturers, e.g., Banctec-(R), IBM(R), NCR(R), Unisys(R), Fujitsu, Sheartech, CheckTech and a division dedicated to IBM(R) 3890 support.

Visit our website at: www.1sourcetech.com

Product and company names mentioned herein are for identification purposes and may be trademarked or registered trademarks of their respective companies.

Certain statements in this release may be "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of capital expenditures; projections of growth; hiring plans; plans for future operations; financing needs or plans; plans relating to the company's products and services; and assumptions relating to the foregoing.

Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information.

Some of the important factors that could cause the company's actual results to differ materially from those projected in forward-looking statements made by the company include, but are not limited to, the following: fluctuations in operating results, intense competition, past and future acquisitions, expanding operations into new markets, risk of business interruption, management of rapid growth, need for additional financing, changing customer demands, dependence on key personnel, sales and income tax uncertainty and increasing marketing, management, occupancy and other administrative costs.

These factors are discussed in greater detail in the company's Annual Report on Form 10-KSB for the year ended December 31, 2003, as filed with the Securities and Exchange Commission.