Greentree Systems, Inc. News Release

Contact: Andrea Collins
Phone: (408) 879-1410
Email: Info@GreentreeSystems.com

GREENTREE ANNOUNCES RELEASE OF NEW VERSION 7.4

CAMPBELL, California, February 1, 2003 -– Greentree Systems, Inc., has announced the general release of Version 7.4 of its enterprise-level, web-based iGreentree Employment System. Since the system's initial release in January 2001, iGreentree’s Version 7.4 represents the third major product cycle in the past 24 months.

"Despite the recent slowdown in the HR software market, Greentree has continued its commitment to ongoing product R&D and customer service and support," reports Terry Russey, President of Greentree Systems, Inc. "We are pleased to make this latest release available for delivery to our in-house customers, and for our customers who subscribe to Greentree’s ‘hosted services’ ASP model."

Major enhancements in Release 7.4 include support for Microsoft Windows 2000 Server and SQL Server 2000, a new AdvancedSearch feature for performing complex database searches including built-in date ranges and user prompts, enhanced document management and routing, a flexible job search engine with ‘smart criteria’ for easier applicant browsing of open jobs on the customer's web site, a number of system performance enhancements, and improved resume scanning and automatic data loading of emailed resumes.

About Greentree Systems, Inc.

Greentree Systems, Inc., is a leading national vendor of employment management software located in the heart of northern California's "Silicon Valley." Greentree employment systems are hard at work in a variety of industries including healthcare, higher education, financial services, banking, technology, manufacturing, and government. For information visit http://www.GreentreeSystems.com.