NISCO Relocates Headquarters

Expanded New Location Offers 13,000 Sq. Ft.

FAIRFAX, VA – May 19, 2004 – NISCO today announced its recent move to their expanded offices on Waples Mill Road.

The new location, which officially opened Monday, May 17th, offers 13,000-plus square feet of office space and will accommodate the rapidly growing operation of NISCO.Over the past year, NISCO has quadrupled since last year, with many of the Fortune 500 companies as their clients.

NISCO’s new offices are located at: 11250 Waples Mill Road, Suite 305 (South Tower), Fairfax, VA 22030.

“I am very excited about the relocation because this one is for all the employees at NISCO,” said NISCO CEO Sundeep Sanghavi. “We look forward to continued growth through our factor Technology Platform™ which includes mBill™, finalist for best new product for 2004from American Business Award.”

For questions about the new offices, or NISCO’s products or services, you can contact them at (703) 955-5900, or visit their website at www.niscompany.com.

About NISCO

Based in Fairfax, Virginia, NISCO is focused on delivering the only 100 percent paperless and J2EE web-based enterprise financial assurance management platform. Named as a finalist for the 2004 American Business Awards Best Product of the Year, NISCO's software platform is designed to perform complete procurement to payment processing, while providing visibility to valuable financial data and analysis. NISCO prides itself in providing managed service and technology solutions that pay for themselves in less than twelve months. Clients include several Fortune 100 companies, as well as the largest IT consulting company in the world. Founded in 2001, NISCO combines superior technology with unparalleled cost management expertise to deliver optimal solutions for enterprise, telecommunications, and government clients. NISCO (www.niscosolutions.com) is a privately-held company and has offices in Fairfax, VA; Bangalore, India; San Ramon, CA; Denver, CO; Woodbury, CT; and Rochester, NY.

NISCO Public Relations Contact
Rachel Kelley
(703) 995-5900