Bentley Communications Corp. (fka BTLY)

[Rager]

Bentley Completes Management Transition >>




Business Editors

LOS ANGELES--(BUSINESS WIRE)--Oct. 11, 2002--Bentley
Communications Corp. (OTCBB:BTLY) announced today that it has
completed a previously announced management transition.
Harry Hargens, President of Kryptosima, has joined Bentley's board
and assumed the roles of Chairman, President and CEO. Effective
immediately, Gordon Lee has stepped down as Chairman, President and
CEO of Bentley.
"This is the completion of a management transition plan first
announced July 31, as part of our plan to acquire Kryptosima,"
according to Gordon Lee, outgoing Chairman. "And it is part of a
larger strategic plan established this spring, to redirect Bentley
into profitable new areas. For the past 5 months, we have been working
to reposition Bentley as a transaction processing company. Mr. Hargens
brings 20 years of experience in that industry to Bentley, and is the
ideal candidate to lead Bentley's new strategic direction."
"I am grateful to Gordon and Bentley's board and key shareholders
for their confidence in me, and I look forward to this challenge,"
Hargens stated. "Gordon's leadership was essential to establishing
Bentley's new direction, and his day-to-day involvement will be
missed. While he is eager to focus his energies on new challenges
outside of Bentley, he has agreed to remain on Bentley's Board for
now."
"We will now be directing all of our efforts towards Bentley's
acquisition of Kryptosima, which we hope to complete shortly," Hargens
continued.