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PRESS RELEASE

Contact:

Ron Smith 281-451-0766
Compiled Logic Corporation
rsmith@compiledlogic.com


Compiled Logic Forms to Build Software Solutions for the Common Good


  • Company First Solution to Address Information-sharing and Communication Issues in Non-consent Towing


FOR IMMEDIATE RELEASE

Houston, TX (February 5, 2005) – HOUSTON, TX – Compiled Logic Corporation (C:LOGIC) announced its formation with a business mission to build solutions for the common good—government, business and the citizens they mutually serve. The company has begun work on its first application, a information-sharing and communications solution for non-consent vehicle towing management.

In the top ten major metropolitan areas across the U.S., as many as 10,000 automobiles are towed each day in “non-consent” scenarios—in all, more than three million vehicles per year. Non-consent towing operations present costly challenges to law enforcement agencies, towing and storage industry and citizens trying to find their car. The company expects to pilot the solution in 2007 with Houston Police Department.

“We are currently in development on an array of products and services that support transactions between these three client groups,” said Lawrence Estes, CEO of Compiled Logic. “Non-consent towing will provide a tremendous opportunity for our organization to bridge the information, communication gaps that exist today and add value to everyone involved across the lifecycle.”

Additionally, the company has secured advisory board members Richard Scruggs, celebrated Houston entrepreneur and director of the Center for New Ventures & Entrepreneurship at Texas A&M, and the Brown Group International consulting firm, led by former Houston police chief and Mayor Lee Brown.

About Compiled Logic

C:LOGIC provides Vehicle Information-Sharing and Notification Services to people impacted by towing issues including law enforcement agencies, state and local municipalities, the towing and storage, automotive, and insurance industries, and private citizens. As the leader in Towing Lifecycle Management solutions, C:LOGIC’s multi-jurisdictional solutions are used by major US metropolitan areas such as Houston and Atlanta to provide the least disruptive, lowest risk answer to lowering towing management costs, providing effective industry compliance oversight and helping citizens locate missing or stolen vehicles. For more information, please contact us at 888-876-VINS (8467) or visit www.compiledlogic.com

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