Press Release 1-20-2000

Cheetah International Under New Management

Tucson, AZ, January 20, 2000-- Cheetah International, a leader in the closed captioning and court reporting software market, announced today that it had received a substantial equity investment from private investors. These investors will also serve as CEO and COO for the revitalized company.

“I am enthusiastic about this opportunity to develop a preeminent player in closed captioning and court reporting” stated Don Miller, COO and CFO of Cheetah. “Our initial focus will be on improving our industry-leading 24 x 7 x 365 customer service and installing the financial controls to ensure continued strength.”

About Cheetah International

Cheetah International is a leading supplier of software systems for closed captioning, court reporting, and realtime litigation. Cheetah International are renowned worldwide for cutting edge technology that is both user friendly and productivity enhancing. Cheetah’s closed captioning products include: CAPtivator Online, CAPtivator Offline and its court reporting products are: Total Access, TurboCAT and TurboSquish.

The company is headquartered in Tucson, Arizona, with offices in Sacramento and Denver. Cheetah is a privately held corporation. For more information, visit Cheetah online at www.cheetahinternational.com

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