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Re: jmhollen post# 11

Saturday, 02/23/2002 6:13:21 PM

Saturday, February 23, 2002 6:13:21 PM

Post# of 93
Roanoke Technology Corp. Announces December 2001 Sales Up 15.3% Over December 2000 Sales

ROANOKE RAPIDS, N.C., Jan. 16 /PRNewswire-FirstCall/ -- Roanoke Technology Corp. (OTC Bulletin Board: RNKE) announced today that its sales increased 15.3% in December 2001 over the same month last year. "We are very pleased to see this trend continue," commented David Smith, president and CEO. "Over the past several months we have focused on increasing our revenues. We've reduced costs, moved non-revenue employees into revenue-producing positions and eliminated some redundant management positions. The work is paying off and we expect to see even greater improvements in the months to come."

Jack Webb, executive vice president, said, "Using new technology like WebEx for our sales presentations has made a significant impact on our ability to demonstrate the effectiveness of our products. Also, recent improvements that we have made to our processes have enabled us to produce even better results than we had before in areas such as Web site visibility. Roanoke Technology Corp. is an exciting place to work. Our sales and support staffs are excited about our recent results and they are determined to produce even greater results in the next several months."

Roanoke Technology Corp. operates 3 core businesses. Top-10 Promotions, Inc. (http://www.top-10.com) is a Web site promotion business that obtains search engine placements for clients' Web sites. RFQHosting (http://www.rfqhosting.com) provides small to medium businesses with access to an online procurement system that allows buyers to place their suppliers in a competitive bidding system. RTCHosting (http://www.rtchosting.com) allows anyone to build an online presence without any technical knowledge or training. Using a template driven system, anyone that knows how to surf the web can build a web site.

Please visit our web sites, or contact Ed Foster, Information Officer for Roanoke Technology Corp. by phone at 252-537-9222 x224, or by e-mail at efoster@top-10.com.

SOURCE Roanoke Technology Corp.

CONTACT: Ed Foster of Roanoke Technology Corp., +1-252-537-9222, ext. 224, or efoster@top-10.com


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