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CustomTracks Corporation Names Douglas H. Kramp to Lead Strategic Business Development

DALLAS, May 3 /PRNewswire/ -- CustomTracks Corporation (Nasdaq: CUST) announced today that it has named Douglas H. Kramp to the new position of Executive Vice President, Strategic Business Development. Mr. Kramp will lead business development efforts for CustomTracks' new Internet businesses and be responsible for the management of the company's distribution channels and strategic partnerships.

"CustomTracks is fortunate to obtain executive talent of this caliber. We are very excited about Doug's decision to join CustomTracks," said David P. Cook, chairman and chief executive officer of CustomTracks.

Prior to joining CustomTracks, Mr. Kramp was Executive Vice President, Strategic Business Units, for PageMart Wireless, Inc. At PageMart, he established the company's retail business unit in 1994 and managed its rapid growth in revenues over the next few years. Mr. Kramp was also the founder of Artificial Linguistics, Inc. (ALI), a Dallas-based software company, where he directed the release of "PowerEdit," a software program that won PC Magazine's "Editor's Choice Award" in 1992. After negotiating the sale of ALI to Oracle Corporation, he successfully managed its integration into Oracle's overall operations.

Mr. Kramp said, "I am looking forward to joining CustomTracks' management team. Their new Digital Signature technology, in my opinion, is the most exciting development on the Internet since the browser." Mr. Kramp, who is 37 and a magna cum laude graduate of Duke University, begins his new job in mid- May.

CustomTracks Corporation is developing an Internet transaction payment system and is exploring additional Internet-related businesses. The company's new Internet transaction payment system is expected to be operational in the third quarter of 1999. CustomTracks' headquarters is in Dallas. For further investor information about CustomTracks, visit the company's Web site at www.customtracks.com or contact investor relations at (972) 702-7057.