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ProActive Computer Services Appoints VP of International Finance Update on Fingerprint Technology Business Acquisition
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13 February 2004, 08:00am ET

HOUSTON, Feb. 13 /PRNewswire-FirstCall/ -- Beral Inc., a New York-based financial holding company with international interests, has become an active shareholder of Proactive Computer Services, Inc. (PAVP: Pink Sheets). Mr. Andrew G. Racz, Director of Research of Beral Inc., now holds the position of VP of International Finance with PAVP. He is an invaluable asset to PAVP and will enhance its market visibility and exposure by leveraging his solid reputation and extensive network in the international business community, especially in Europe. Beral's first task is to restructure the company as a merchant bank in order to capitalize on the current needs of the market. Mr. Racz will assist PAVP in identifying potential international partners or investors for mergers and acquisitions. Currently, he is in negotiations with a number of foreign financial institutions and investors who have shown an interest in PAVP. Details will be released once a letter of intent is signed with any of these parties.

CEO Andrea Cortellazzi is excited about the signing of such a notable international advisor. He stated: "Andrew has a wealth of expertise and has achieved great success in restructuring and financing small and growing companies such as ours. I am very confident that he will increase the value of PAVP by securing international assets and investors."

Mentioned Last Change
PAVP 0.005 0.0002dollars or (3.84%)
PAVP is in negotiations to acquire a fingerprint technology identification business. This was first reported in the March 23rd, 2003 news release. The process was delayed due to Carey W. Cooley's departure at the end of 2003. Andrea and his advisors have identified three acquisition targets and intend to make their decision by the end of the month. The biometric technology employed by these companies is state-of-the-art and in high demand due to the heightened emphasis on national security following the attacks of 9/11. The projections for each of these companies are at least $15M in revenues and profitable by 2005 when they expect their products to be ready for commercialization. Andrea stated: "This field is a fast-growing and exciting one that can make a positive contribution to the revenue and earnings of PAVP in both the short and long-term. The acquired company will operate as a separate entity or subsidiary of PAVP's CortDev Inc. business."

For more information, please call 514-830-3348.

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 514-830-3348, or on the Internet at www.pacsi.com . Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

Contact:
ProActive Computer Services Inc.
Andrea Cortellazzi, 514-830-3348

[e-mail]

SOURCE ProActive Computer Services Inc.
-0- 02/13/2004
/CONTACT: Andrea Cortellazzi of ProActive Computer Services Inc.,
[phone],

[e-mail]

/
/Web site:

http://www.pacsi.com

/
(PAVP)

CO: ProActive Computer Services Inc.; Beral Inc.
ST: Texas
IN: CPR FIN HEA BIO MTC
SU: PER TNM RCN

MP
-- NYF020 --
5727 02/13/2004 08:00 EST

http://www.prnewswire.com