Caro Delivers Net Economy Ready Solutions for TMC

Toronto, Canada, March 26, 2001 -- Caro Systems Inc. is pleased to report the delivery of the first phase of Trader Media Corporations new enterprise application platform. Caro successfully delivered this phase using the industry-leading iPlanet application development platform, Forte. TMCs new platform will enable the organization to integrate separate customer databases in a way that eliminates duplication, while improving access and use of the customer information. In addition, TMC anticipates the delivery of additional phases that will leverage core capabilities of the first phase.

We have been collaborating with Caro to deliver the first phases of the enterprise component architecture and I am pleased with the success of the joint effort," said John Francis, President of Trader Media Corporation. Caro delivered the first phase of the project on time and within the planned budget. Caro continues to work with us to design, develop and deliver a highly functional product that serves our current and future needs."

We are extremely pleased to be able to deliver the first foundation solution to TMCs enterprise platform," said Kevin McGaffey, President of Caro Systems Inc. Caro has successfully combined the business vision of TMCs executive committee with the technology vision of Sun Microsystems and iPlanet. Together, along with our employees skills, we have created a world-class platform enabling TMC to aggressively grow their business."

Over the past four years, Caro has successfully delivered a number of solutions for various customers by combining their business visions with the technology visions of the worlds leading technology organizations. These solutions are industrial strength, flexible and scalable business solutions, ready to serve customers now, and supported in the future.

We see a solution evolution where companies are no longer only acquiring point solutions such as e-CRM or e-Commerce. Now, companies are looking for the strategies, architectures and visions to implement fully integrated e-Business solutions," said McGaffey. The solutions we are delivering for TMC are customized, robust and e-Integrated-ready to evolve in the Net Economy."

About Caro Systems Inc.
Established in 1997, Caro Systems Inc. is a fast growing, privately held company specializing in the rapid delivery of integrated information solutions at the enterprise level. Caro, based in Toronto, is known for its ability to handle complex enterprise level projects.

Caro provides a broad portfolio of services under the enterprise application services umbrella including: e-Integration, e-Business solutions development, enterprise application integration and business intelligence solutions.

Components, Architecture, Reusability and Objects are key to Caros three-stage iterative methodology, Assemble. Caro delivers solutions using proven, pre-built reusable components to save customers time and money.

In an industry that has a low success rate, Caro has delivered 100% success on all its projects to date. To learn more about the TMC development project, visit Caros Web site: www.carosys.com.

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For further information, contact:
Regan Ogner, Public Relations, Caro Systems Inc. Telephone: (416) 628-5484, Fax: (416) 603-9326, regan.ogner@carosys.com, www.carosys.com