Stockport Metropolitan Council Selects Elcom for eProcurement Solution First English Council to implement elcom's eProcurement solution in partnership with Capita Group Plc NORWOOD, Mass., Dec. 29 /PRNewswire-FirstCall/ -- elcom, inc., the wholly- owned B2B eCommerce solutions subsidiary of Elcom International, Inc. (BULLETIN BOARD: ELCO) , today announced that Stockport Council has selected PECOS, Elcom's remotely-hosted eProcurement system, to be deployed in partnership with Capita Group Plc Capita Group Plc will provide consultancy support around project management, supplier management and guidance on subsequent implementation iterations. Stockport is the first English Council to select Elcom's eProcurement solution. Graham Leese, Stockport Council Procurement Manager, said, "We are pleased to be able to address our procurement automation needs by partnering with Elcom and Capita Group. Our goal is to reduce procurement related costs through the application of technology and best practices. The combination of Capita's extensive expertise in supply management and Elcom's proven eProcurement platform will enable Stockport to achieve its mission of improving services while reducing costs." Matthew Key, Director Capita Consulting, said, "We selected PECOS, Elcom's eProcurement solution, because it offers a highly configurable yet easy to use environment that can be crafted to support many of the best practices that are at the root of procurement process improvement. The scope of the PECOS system enables us to automate the council's key purchase to pay processes thereby improving compliance to existing contracts. By working in close partnership with Stockport's project team and effective knowledge transfer we aim to reduce the Council's dependency on Capita Consulting over time so they are able to take the project forward at a pace they are comfortable with." Robert J. Crowell, Elcom International's Chairman and CEO, said, "We look forward to working with Capita Group to deploy a world class public sector solution to Stockport Council and provide a model for other English public sector agencies to review and by doing so, see the inherent benefits of automated eProcurement in the public sector." About Elcom International, Inc. Elcom International, Inc. (OTC:ELCO) (BULLETIN BOARD: ELCO) is a leading international provider of remotely-hosted eProcurement and private eMarketplace solutions. Elcom's innovative remotely-hosted technology establishes the next standard of value and enables enterprises of all sizes to realize the many benefits of eProcurement without the burden of significant infrastructure investment and ongoing content and system management. PECOS Internet Procurement Manager, elcom, inc.'s remotely-hosted eProcurement and eMarketplace enabling platform was the first "live" remotely-hosted eProcurement system in the world. Additional information can be found at http://www.elcominternational.com/ About Stockport Council Stockport is located in the North of England, in Greater Manchester. Many thousands of people benefit from the services provided by Stockport Metropolitan Council. More than 291,000 live in the borough, and many more look to Stockport for employment or entertainment. With a net annual revenue budget of 249 million pounds in 2001/02, and a full- and part-time staff of around 11,000, the Council is a major organization and the biggest employer in the borough. It delivers a range of key services such as education, social services, housing, planning and transportation, community and leisure services, environmental health, and finance. Additional information is available at http://www.stockport.gov.uk/ About Capita Group Plc Capita Group Plc is one of the largest and fastest growing, professional support services organizations in the U.K. Capita Group provides an integrated range of white collar, professional support services on long-term contracts across Local Government, Central Government, Education, Private Sector and the Health Sector in the U.K. Capita Group's strength is its ability to draw on a wide base of professional expertise to generate, and successfully implement, tailored Services. Capita Group's ability spans leading edge customer service, HR services, IT and strategic support; software services and property consultancy. Additional information is available at http://www.capita.co.uk/ STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT Except for the historical information contained herein, the matters discussed in this Press Release could include forward-looking statements or information. All statements, other than statements of historical fact, including, without limitation, those with respect to the Company's objectives, plans and strategies set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "intent", "projects", "forecasts" or similar expressions, are forward-looking statements. Although the Company believes that such forward-looking statements are reasonable, it can give no assurance that the Company's expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties which could cause the Company's future results to differ materially from those anticipated, including: (i) availability and terms of appropriate working capital and/or other financing to keep the Company operating as a going concern, and the Company's cash position as of its last Form 10-K and its history of ongoing operating losses; (ii) the overall marketplace and client's acceptance and usage of eCommerce software systems, including corporate demand therefore, the impact of competitive technologies, products and pricing, particularly given the subsequently larger size and scale of certain competitors and potential competitors, control of expenses, revenue generation by the acquisition of new customers, the acceptance of the Company's system by individual agencies of the Scottish Executive (Government of Scotland), and corporate demand for ePurchasing and eMarketplace solutions; (iii) the consequent results of operations given the aforementioned factors; and (iv) the anticipated requirement of the Company to raise additional working capital to fund operations by the end of the first quarter of 2004 and the availability of any such funding to the Company, or the terms thereof, and other risks detailed from time to time in the Company's Annual Report on Form 10-K and in its other SEC reports and statements. The Company assumes no obligation to update any of the information contained or referenced in this Press Release. Company Contact: Investor Relations e-mail: DATASOURCE: Elcom International, Inc. CONTACT: Investor Relations: Web site: http://www.elcominternational.com/

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