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PlanGraphics 3RD Quarter Conference Call Frankfort, Ky., August 21, 2002PlanGraphics, Inc. (OTCBB: PGRA) in its investors call for third quarter results indicated that it expects to see improved results in the fourth quarter and in its next fiscal year. President John Antenucci noted in the conference call on August 21, 2002 that while fiscal year 2002 most likely come in at break-even, it will show a strong return compared to the prior year. He further indicated that the Company has a record number of proposals outstanding and has begun to enter the federal market, both of which will contribute to measurably better performance in fiscal 2003. With expected new work in the federal sector the Company could see quarterly revenue in the $3 to $4 million range during the coming fiscal year. During the conference call it was also pointed out that:
Chairman Gary S. Murray noted that the Board of Directors has a very low tolerance for non-profitablity. It also understands and recognizes the external forces that affected 3rd quarter performance. He further indicated he believes that PlanGraphics capability to provide e-solutions positions the company very well for today's market. He believes the federal sector is very important to growing the company because it provides larger opportunities. His previous relationships in the federal arena are important for this effort and he is revisiting those relationships to provide entrée to new customers for the company. A webcast of the investors call may be heard for the next 30 days by logging in at http://audioevent.mshow.com/69811/. A professional services information and systems integration and implementation company, PlanGraphics leverages the location-based information assets of its clients bringing economies of operation and enhanced performance through the development of e-service capabilities. PlanGraphics has offices in Colorado, Kentucky, New York, New Jersey, Maryland, Rhode Island and California and its web site is www.plangraphics.com. The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside of our control. Accordingly, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Such factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see our prior filings with the Securities and Exchange Commission, including the most recent Forms 10-KSB and 10-QSB. PlanGraphics, Inc. disclaims any intention or obligation to revise any forward-looking statements that were accurate at the date of the release, whether as a result of new information, future event, or otherwise. #### Copyright 2002 PlanGraphics, Inc. |