Press Release

Michael Peca and Jason Woolley Lead Successful TekConnect Investment Round

CHERRY HILL, N.J., June 2, 2003 -- TekConnect Corporation, an IT services and integration firm specializing in K-12 and Higher Education, announced today that it has received a third round of investment capital from a group of professional hockey players led by star center and captain, Michael Peca, along with star defenseman, Jason Woolley. Mr. Peca resides on Long Island and Mr. Woolley is in the metro Detroit area.

Stephen F. Struthers, Chairman of TekConnect, said, "We are grateful that Michael and Jason, along with some of their fellow players from other teams have agreed to help us bring additional technology solutions to more schools in the northeast. TekConnect's specialty is the intelligent deployment of technology in our schools, and we believe few know these important customers as well as we do. From our talks with Michael and Jason, we know they have a growing interest in how students can thrive in a more technology intensive learning environment and a desire that schools be second to none in that regard. We share that goal and are honored they chose to advance that objective by becoming investors in our Company."

TekConnect Corporation serves schools primarily in the states of New York, Michigan, Pennsylvania, New Jersey, Delaware, Connecticut, Rhode Island and Massachusetts.

Michael Peca said, "While both my wife Kristin and I use computers more and more, neither of us consider ourselves experts in computer technology. However, we know all school children will have to be proficient using these ever-changing tools in order to succeed in a modern world. School officials already have connected almost all the schools in our state with the Internet, using appropriate security devices, and most are deploying sophisticated computer networks and teaching software in the classroom. TekConnect is on the cutting edge of many of these developments, and we believe our investment will help the Company assist more of our schools in this important effort."

Jason Woolley said, "I know that nothing is more important than holding our lead in the use of technology in education. I am going to be looking for opportunities to speak with kids in the classroom, and I know I will see more and more computers and supporting equipment there. I am confident TekConnect can help our schools design and build education technology systems that will help students get the best from that equipment."

TekConnect Corporation offers a broad array of services, including computer and software integration, LAN/WAN design and implementation, project management, custom-designed software applications, technology consulting, professional development, technology refresh programs, help desk solutions and training services. TekConnect further supports its education customers with dedicated practice areas, which include wireless solutions, storage and SAN solutions, managed services and security solutions.

Further information about TekConnect Corporation is available on its website at www.tekconnect.com.

CONTACT:

TekConnect Corporation
Doug Lehnen, 856-834-1153
doug.lehnen@tekconnect.com

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