News Release, Charleroi, PA, December 11, 2003 - John LaCarte, President of Fratelli Partners, L.P. and Lue Ann Pawlick, Executive Director of the Middle Monongahela Industrial Development Association were pleased to be part of the announcement that Progeny Systems Corporation has signed a lease to be the first business to locate within the newly developed AltaVista Business Park in Fallowfield Township, Washington County. Progeny will occupy 7,500 square feet of 30,000 square foot light industrial flex-space building currently being developed by Fratelli Partners.

Progeny Systems Corporation specializes in the integration of commercial elecronics and software to develop and manufacture mission critical electronic systems that meet critical military requirements that support shipboard combat systems and security intelligence gathering for the United Stated Department of Defense (DoD).

Scheduled for completion in March 2004, Fratelli's development will provide immediately available space for companies requiring 3,750 to 22,500 square feet of space with additional expansion phases planned. Additionally, this project will allow companies within the facility to take advantae of the numerous tax advantages provided by AltaVista's Keystone Opportunity Zone status.

"We are thrilled to have a high-tech business such as Progeny coming to our facility at AltaVista," said Mr. LaCarte. "Progeny is exactly the type of company we were hoping to attract to the Mon-Valley and we believe that their presence will set a very positive direction for our project and for the AltaVista Business Park."

"I want to thank Congressman Murtha and all of our state and county representatives who have helped to make Progeny System's relocation and the AltaVista Business Park a reality" stated Ms. Pawlick. "Progeny System's decision to locate within AltaVista highlights the importance of investment in economic development and programs such as Keystone Opportunity Zones within our region."

Fratelli Partners, L.P. is a limited partnership formed by the LaCarte family who operates several businesses in the Western Pennsylvania area. The LaCarte's operate an industrial park in Charleroi, PA that consists of approximately 200,000 square feet of space currently occupied by companies that provide over 300 jobs in the community.

The Middle Monongahela Industrial Development Association, Inc. (MIDA) was formed in 1966 to develop temporary and future plans for the 256 acre site suddenly idled when US Steel shocked the entire Mon Valley with the devastating news that it was permanently closing the historic American Steel & Wire plant. Since its inception, MIDA has created a successful industrial park located in Donora, Pennsylvania, and owns a second park in Speers, PA. Over 40 companies located in the two industrial parks take advantage of the close proximity to major interstates, the rail system, the riverfront, low utilities, and the good quality of labor force throughout the Mon Valley region.

The AltaVista Business Park is their third business park. This 256 acre site sits on I-70 in Washington County at interchange 32B. Any company located in the park will pay no state or local taxes until 2011. AltaVista offers business sites that will be serviced by underground utilities and a state of the art technoogy system.

Also: