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ProActive Computer Services, Inc. Provides Update on Status of CortDev Inc. St. Hubert Airport Redevelopment Project
HOUSTON, Mar 25, 2004 (BUSINESS WIRE) --
ProActive Computer Services Inc. (PAVP: Pink Sheets) is pleased to announce that the architectural drawings for the modernization of the St. Hubert Airport is being drafted. PAVP has retained an experienced and well-respected Montreal-based architectural firm, Groupe Eleclerc, to complete the layout. These drawings illustrate the 52,000 square-foot building construction hangar on a 160,000 square-foot lot, complete with new offices, workshop, larger ramp and additional aircraft parking spaces. Once the drawings have been finalized, they will be submitted to the Director General of the St. Hubert Airport, Mr. Michel Beaudoin. These documents along with the CortDev Inc. Charter and business plan that Mr. Beaudoin already has in his possession will secure the lease of the St. Hubert property. PAVP is currently screening candidates for the project manager position and anticipates that it will be filled by the end of next week.

About CortDev Inc.

CortDev Inc. is a Canadian federal incorporation in good standing with all relevant regulatory bodies. Its date of incorporation was September 5th, 2003 as 6135919 Canada Inc. It is a functioning company under the legal name of Developpements Cortdev. Its corporate office is 6525 DeCarie Blvd. Suite 208, Montreal, PQ. The corporation's primary business activity is real estate development.

Status of Name Change

Following the acquisition of Cortdev Inc., a Canadian airport redevelopment firm, PAVP applied for a name change to more accurately reflect its current line of business. The company is awaiting the stamped articles of amendment from the state of Nevada to complete this process. PAVP management apologizes for any confusion created surrounding the exact date when the name and ticker symbol change was forecasted to be finalized. The company has done its part and is now dependent on the regulatory bodies to provide their seal of approval, which has taken longer than expected.

Opening of Company Offices

PAVP, soon to be CortDev Inc., has entered into negotiations to lease office space on the 18th floor at 1 Place Ville Marie, Montreal, PQ. This 41-storey building is an ideal choice for PAVP's Montreal-based office, due to its location in a busy downtown area and its exclusively modern look that is equipped with the most recent technologies to service growing businesses and their clientele. In addition, PAVP is negotiating for office space in the Galleria district of Houston, TX.

Status of OTC Bulletin Board Application

PAVP has entered into an agreement to acquire an OTC Bulletin Board shell. According to the company's legal department, this will expedite the application process and enable PAVP to attain OTC status sooner than originally expected. Further details on this acquisition will be released upon its finalization. PAVP has also retained the services of an accountant who will prepare the necessary filings to submit as part of the OTC application.

Final Comments

CEO Andrea Cortellazzi stated: "The above-mentioned status report on the CortDev project was provided to ensure that our shareholders feel secure about their investment in our company. A package that includes images of the St. Hubert airport as well as a sampling of the architectural drawings of the new hangar and facility is in the final preparation stages for mailing to all shareholders."

For further information please contact Investor Relations at [phone]

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. More information about potential factors that could affect the company's business and financial results may be obtained by contacting the company at by phone at 973-351-3868. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

SOURCE: ProActive Computer Services Inc.

Taylor Capitol, Inc. (Investor Relations)
Stephen Taylor, 973-351-3868
E-mail: [e-mail]
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