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COTELLIGENT, INC.
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ISS SUPPORTS NOMINATION OF COTELLIGENT CEO JAMES LAVELLE
TO BOARD OF DIRECTORS
Institutional Shareholder Services Report Recommends Cotelligent Stockholders
Vote For James Lavelle For Three Year Term
Irvine, CA - July 8, 2003 - Cotelligent, Inc. (OTC Bulletin Board: CGZT) a
leading developer of business solutions that enhance, integrate and extend
enterprise information to mobile and Web technologies, announced that in a
report issued today, Institutional Shareholder Services recommended James
Lavelle be elected to Cotelligent's Board of Directors for a three year term.
The Company's annual meeting will be held Thursday, July 10, 2003 at the Hyatt
Newport Beach Hotel.
Institutional Shareholder Services, Inc. (ISS) is the world's leading provider
of proxy voting and corporate governance services. ISS serves more than 950
institutional and corporate clients worldwide with its core business - analyzing
proxies and issuing informed research and objective vote recommendations for
more than 10,000 US and 12,000 non-US shareholder meetings each year.
In its Conclusion, the ISS Report states, "We conclude that at this time,
shareholders would be best served by electing management's nominee (James
Lavelle) to the Board".
"I'm very pleased ISS has recommended that our stockholders vote for me for
another three year term on the Cotelligent Board of Directors. Not only is this
an important endorsement personally, but their report also reflects their
confidence in Cotelligent's ability to restore shareholder value by continuing
to execute our overall strategy," said James Lavelle, Cotelligent's Chairman and
CEO.
About Cotelligent, Inc.
Cotelligent, Inc. (www.cotelligent.com) creates customized business applications
that precisely fit each client's needs and are built from proven, reusable
components on a solid foundation of design and architecture. Through a
collaborative and consultative approach, Cotelligent delivers solutions that
meet each client's unique objectives and extend the reach of their enterprise.
The Cotelligent comprehensive strategy of reuse encompasses our collective
experience and allows us to build customized solutions that deliver immediate
results while reducing costs and implementation time. Cotelligent (OTC Bulletin
Board: CGZT) was established in 1996, and is a debt-free public company. We
employ 140 people throughout the U.S. with headquarters in Irvine, California.
Company Contact:
Amber Stephenson
Investor Relations
Cotelligent, Inc.
100 Theory Drive
Suite 200
Irvine, California 92612
Phone: 949.823.1656
FAX: 949.823.1071