SOURCE Inc. Opens New Washington, D.C. Office

Company to be First Provider of New/Refurbished Telecom Equipment to the Government Sector

Dallas, Texas, UNITED STATES

DALLAS, March 19, 2002 (PRIMEZONE) -- SOURCE Inc., a premier provider of new and re-certified telecommunications equipment, announced today the opening of a new office in Washington, D.C.

Michael Karpoff has joined the company to head up its D.C. operations as account manager, government sales. With the issue of a new GSA schedule to SOURCE that allows the company to provide re-certified communications equipment to the government sector, Karpoff will develop and grow SOURCE's federal, state and local government business.

"Our new GSA schedule makes SOURCE the only provider of new and re-certified equipment to the government," said SOURCE President David Potter. "This gives government entities the advantage of choice, and the ability to realize cost savings of up to 60 percent on communications equipment. Michael Karpoff brings a wealth of experience to our new government initiative, and we look forward to servicing the voice and data needs within the federal, state and local arenas."

Karpoff brings more than 14 years of advanced sales and sales management experience to the position, with extensive knowledge in information technology, a proven track record of developing new business and delivering contracts in a highly competitive marketplace. Prior to joining SOURCE, Karpoff held senior sales and technical positions at Bell Atlantic Federal and NMI/CRC Systems, Inc., as well as other major communications equipment companies.

About SOURCE Inc.

SOURCE Inc. is a premier provider of new and re-certified telecommunications equipment. The company offers a comprehensive scope of services to business customers, including repair and exchange, technical assistance, disaster recovery, system reconfiguration, equipment valuation and asset management and consignment programs. SOURCE has developed a fully digital logistics management system by combining unique processes with an information tracking system that utilizes serialized bar coding. For further information, visit


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