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FOLSOM POINT AWARDED SECOND ROUND OF T-REX INCENTIVE FUNDING TO ASSIST COLORADO'S SMALL BUSINESSES

Company Will Provide Marketing and Sales Programs Throughout the State

October 17, 2003

(Boulder, CO) - Folsom Point, Inc., a marketing and sales consulting firm, was awarded a contract for the second consecutive year through the T-REX Incentive Funding program. The fund enables industry experts to provide skill-building programs and support services for small and disadvantaged business enterprises (SBE/DBEs). Folsom Point will provide marketing, sales, and government procurement training, as well as one-on-one consulting services throughout Colorado in 2004.

The Colorado Department of Transportation (CDOT) and the Regional Transportation District (RTD) developed a small and disadvantaged business incentive program specifically for the T-REX Project. This one-of-a-kind program provides $495,000 per year to Southeast Corridor Constructors (SECC), the T-REX Project contractor, who then funds programs and services that help SBE/DBEs become more competitive when targeting private or public sector projects.

"We are pleased to offer this innovative program to assist members of the small and disadvantaged business community," said Joe Wingerter, public affairs liaison at SECC. "This funding clearly demonstrates our commitment to assisting small and disadvantaged companies as they continue to grow and compete."

"We talked with hundreds of small business owners as part of our T-REX contract this year and they consistently said that marketing and business development were skills they needed to develop," said Nicky Lee, CEO of Folsom Point. "In fact, a survey of more than 250 small firms and business organizations listed marketing as the number one topic. Small businesses are the bedrock of the local, state and national economy, so what could be better than empowering our SBE/DBE community?"

About Folsom Point

Folsom Point, Inc. is a strategic consulting firm that helps businesses increase their revenue by improving marketing and sales effectiveness. Folsom Point's services include market research, customer touch point analysis, and marketing planning. Folsom Point is a privately held company founded January 2001 and headquartered in Boulder, Colorado.

About T-REX

The Transportation Expansion (T-REX) Project is a citizen-endorsed project that includes highway expansion and improvements; the addition of light rail along I-25 and I-225; reconstruction of interchanges and bridges; a new drainage system and improved pedestrian and bicycle access. Funded without any new or increased taxes, the project will increase mobility, enhance accessibility and provide transportation options.

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