Optical Image Technology, Inc. Reports Profitable 2003

January 6, 2004 – State College, Pa. – Optical Image Technology, Inc. (OIT), developers of the award winning DocFinity® Suite of Electronic Document Management Products, is proud to report a profit in the 2003 fiscal year. This achievement, in trying economic conditions, also marks another contiguous year of profitability for the company.

2003 represented a 22 percent increase in gross sales, a 32 percent increase in staff and the establishment of three satellite offices in Richmond, Va., Pittsburgh, Pa. and Charlotte, N.C. The year was also characterized by significant developmental enhancements to OIT’s DocFinity Suite of Products, including a major code rewrite in the DocFinity IntraVIEWER® Web client to reflect emerging Web service and API (Application Programming Interface) technology.

Scott Buchart, President and CEO of OIT, remarks, “2003 was a very challenging year for all IT companies as organizations continued to face economic hardships. We’re very proud of our success this year and are looking forward to 2004 being our best year yet.”

Plans for 2004 include establishing satellite offices in Philadelphia, Pa. and Atlanta, Ga., continuing to develop the DocFinity Suite in Web service technology and increasing market presence in the insurance, financial services, higher education, healthcare, pharmaceutical, government and manufacturing industries.

As for the company’s vision for the 2004 fiscal year, Buchart comments, “We will continue developing our DocFinity Suite based on cutting edge technology to benefit our customers. It’s easy to suggest solutions when you know nothing about the problem. Our goal is to dig deep into our customers’ operations and help them achieve the document management success they never dreamed possible.”

For more information regarding OIT and its DocFinity Suite of Products, please visit www.docfinity.com or contact Marketing at marketing@docfinity.com or 814-238-0038.

About Optical Image Technology, Inc.

Since 1986, OIT has been developing award-winning integrated document management solutions, including COLD-ERM/EBPP, Document Imaging, Workflow/Process Management, Browser Access/E-Business Enablement, HSM, Print/Fax Server, and Enhanced Index Extraction. OIT’s DocFinity Suite of Document Management Solutions has gained prominent industry recognition by organizations such as AIIM International, Transform Magazine, Doculabs and Kinetic Information.

OIT serves customers throughout the world and across all major industries, including insurance, financial services, pharmaceutical, education, healthcare, government, manufacturing, retail, utilities and publishing. By dynamically coordinating and managing the transfer of content, OIT enables organizations to realize increased profitability, improved productivity and enhanced customer satisfaction by empowering enterprise wide business processes. For more information, please visit www.docfinity.com.

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Release Date January 6, 2004