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AIMS, Co. Receives CED Entrepreneurial Excellence Award

(Research Triangle Park, NC, June 19, 2002) - CED (Council for Entrepreneurial Development) has announced that AIMS, Co. has been selected to receive the "Capital Connection Company of the Year" award as part of their Entrepreneurial Excellence Program.

The 16th annual Entrepreneurial Excellence Awards was held at the Entertainment and Sports Arena on June 18, 2002, where the entrepreneurial community and families gathered to celebrate their achievements and success through out this past year. An evening full of awards presentations, excellent foods, and games was shared by over 500 people, from CEO's to friends of the entrepreneurial excellence award winners.

AIMS, Co. was honored with this award for being selected by BMW as their preferred solution provider for body shop quality management for American manufacturing operations, and citation by BMW's ISO auditor as the best automotive quality management system in the industry. AIMS, Co. has also participated as a FastTrac Tech, STREAK, and Capital Connection Lunch Presenter.

"The Capital Connection Program has provided AIMS with the information and resources to enable our transition to our next major company growth phases based on profitable product centered solution deployment" says Perry Smith, president at AIMS, Co.

About AIMS, Co.

AIMS (Advanced Integrated Manufacturing Solutions, Co. - a North Carolina Corporation founded in 1997) is a leading provider of distributed collaborative manufacturing management solutions that dramatically improve productivity and profitability for their growing list of premier global clients, including BMW, JDSUniphase, , Nomacorc LLC, and Abbott Laboratories. AIMS products improve both top line and bottom line results for their customers, resulting in an average payback of just three months. Top line improvements averaging 20% result from increased throughput, decreased cycle time, decreased product introduction time, and strategic sales improvement through facilitating implementation of make-to-order and other lean manufacturing strategies. Bottom line improvements in targeted areas reaching 30% result from decreased paperwork, reduced scrap and rework, and increased productivity at all levels of the manufacturing enterprise. Please visit us at www.aimsco.com.

About CED

The Council for Entrepreneurial Development, located in Research Triangle Park, NC, is a private, non-profit organization formed in 1984 to stimulate the creation and growth of high-impact companies in the greater Research Triangle region. CED provides education, mentoring, and capital formation resources to new and existing high-growth entrepreneurs through annual conferences, seminars, workshops, and monthly programs on entrepreneurial management and finance. CED is the largest entrepreneurial support organization in the nation with more than 5,000 members representing 1,200 entrepreneurial companies, financiers and professional firms. http://www.cednc.org