MORE GOOD NEWS FROM VALTECH!

January 10, 2004 - We are pleased to announce that V.P. of Production Anthony Sciortino  has taken over as the head of Real Property Reports Division.

Among many fields of expertise, Anthony brings along countless years of dedicated service and New York real estate tax and municipal research knowledge.

He will compliment and enhance our Real Property Reports Division as well as continue his high standard of leadership in all facets of Valtech Research Production.

We are all thrilled that he is now in charge of our Real Estate Research Production Team.