NEWS
Jul 26, 2004

Americaneagle.com Announces Acquisition of ChiTech Software

Americaneagle.com, a leading Web development, consulting and e-business firm, announces today that the acquisition of ChiTech Software, a Deerfield-based technology and Web site design company, is complete.

This news arrives on the heels of two other acquisitions since the beginning of the year. In February, Americaneagle.com announced the acquisition of Cleveland-based ROI Supply, a Web development company with over 70 clients. In March, they acquired the Web development side of Chicago-based Sportvision, a leading interactive sports marketing and technology company. As a result of that agreement, Americaneagle.com acquired all of Sportvision's Web design customers, including the Chicago Blackhawks, the Pro Football Hall of Fame, and the New York Giants, among others.

"We are very excited about the acquisition of ChiTech Software," said Americaneagle.com Chief Operating Officer, Michael Svanascini. "For several years, ChiTech has been providing outstanding technology services to its clients and we look forward to building upon that success." He added, "It also helps fortify our position as one of the largest full-service Web development companies in the Midwest."

About Americaneagle.com, Inc.

Americaneagle.com, a leading technology firm since 1978, provides web design, development, e-commerce, hosting, and maintenance services to its clients. Some of their 2,200 clients include Abbott Laboratories, Stuart Weitzman, Portillo Restaurant Group, Fannie May Candies, General Motors, The New York Giants, and the Metropolitan Washington Council of Governments. Americaneagle.com has offices in Chicago, Washington, D.C., New York, Boston, Los Angeles, and Cleveland. More information can be found at www.americaneagle.com.

About ChiTech Software

ChiTech Software specializes in technology software for a wide variety of industries, including automotive, medical, manufacturing and telecommunications. They provide a multitude of business and engineering solutions including software development, systems integration, networking solutions, database design, and Web development. ChiTech Software is based in Deerfield, Illinois.