SIGPOINT SNATCHES ANOTHER AWARD

Perth, Western Australia – October 11, 2002 –  “Whilst it’s the brilliant minds of our software developers that create exciting new products, it’s the sound, long term marketing strategies behind them that draw the clients,” says Schillaci, former Director.  “One of my most successful strategies employs industry awards as a means of demonstrating to potential clients that we are a respected authority in our sector.”

True to his philosophy, Schillaci’s most recent venture SigPoint Pty Ltd (www.sigpoint.net) is once again in the spotlight.  The software developer outperformed strong competition to win the mining category at last night’s gala presentation of the Yellow Pages Asia Pacific IT&T Awards for Excellence.

Schillaci’s has been spring-boarding products and services into the international marketplace since 1995.  He immediately recognized SigPoint’s potential and opted to become more closely involved.  He explains, “Every so often I’m approached by a group of people with a product so advanced yet so in tune to the market that I simply cannot remain as an outside consultant.  Invariably I take a position within the company and guide it from there.”

SigPoint™ NDT is a powerful, cost saving predictive intelligence software system for monitoring the condition of plants in industries such as Oil and Gas.   It significantly reduces the cost of effective monitoring and at the same time reduces risk to personnel and the environment through better plant maintenance.

The Company was formed to realize the commercial potential of many years of research and development into industrial condition monitoring management. The company is based in Western Australia and has a growing list of national and international clients, including Anaconda Nickel, Alcoa and Shell.