ADSTW Adstar Wts 12/16/2004 (MM)

AdStar Recognized by Deloitte's 'Technology Fast 50' Program as One of the Fastest Growing Technology Companies in Los Angeles MARINA DEL REY, Calif., Aug. 26 /PRNewswire-FirstCall/ -- AdStar, Inc. (NASDAQ:ADSTNASDAQ:ADSTW), a leading applications service provider of e-commerce transaction technology for the advertising and publishing industries, today announced that it has been selected as one of Los Angeles' 50 fastest growing technology companies by Deloitte & Touche LLP, one of the nation's leading professional services firms. Deloitte's "Technology Fast 50" Program rankings are scheduled to be announced September 21, 2004 and are based on revenue growth rates during the five-year period, 1999 - 2003. "We are very pleased to be recognized as one of the fastest growing technology companies in the Los Angeles area by Deloitte & Touche LLP," stated Leslie Bernhard, president and chief executive officer of AdStar, Inc. "Our technology continues to help reshape the advertising and publishing industries by web-enabling many functions and daily activities. Our steady growth over the past five years should allow AdStar to expand its role in the L.A. technology community in the future." To qualify for the "Technology Fast 50", companies: * Must have had operating revenues of at least $500,000 in 1999 and $1 million in 2003; * Must be public or private companies headquartered in North America; and * Must own proprietary technology that contributes a significant portion of the company's operating revenues; and/or must devote a significant proportion of its revenues to technology research and development. "Deloitte applauds AdStar for having the long-term vision to develop a technology that is changing the way we do business," commented Tim Lovoy, partner in the Technology, Media & Telecommunications practice at Deloitte & Touche in Los Angeles. "The Deloitte Los Angeles 'Technology Fast 50' companies have utilized their strengths, vision and boldness to succeed despite a very challenging technology environment. We applaud the successes of AdStar and acknowledge its place as one of the very few to accomplish such a fast growth rate over the past five years." Winners of the 19 regional "Technology Fast 50" Programs are automatically entered in Deloitte's North American "Technology Fast 500" competition, which ranks the 500 fastest growing technology companies in the United States and Canada. About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP. About AdStar, Inc. AdStar, Inc. (NASDAQ:ADSTNASDAQ:ADSTW) is the leading provider of e-commerce transaction software and services for the advertising and publishing industries. AdStar's proprietary suite of e-commerce services includes remote ad entry software and web-based ad transaction services, as well as payment processing and content processing solutions that are provided through its Edgil Associates subsidiary, the industry's largest supplier of automated payment processing services. AdStar's ad transaction infrastructure powers classified ad sales for more than 40 of the largest newspapers in the United States, the Newspaper Association of America's bonafideclassifieds.com, CareerBuilder, and a growing number of other online and print media companies. EdgCapture, Edgil's automated payment process solution, is currently employed by call centers at more than 100 of the nation's leading newspaper and magazines. AdStar is headquartered in Marina del Rey, Calif., and its Edgil office is located in North Chelmsford, Mass. For additional information on AdStar, Inc., visit http://www.adstar.com/. Forward-Looking Statements This release contains forward-looking statements concerning the business and products of the company. Actual results may differ from those projected or implied by such forward-looking statements depending on a number of risks and uncertainties including, but not limited to, the following: historical business has already matured, new online business is unproven and may not generate expected revenues, and Internet security risks. Other risks inherent in the business of the company are described in Securities and Exchange Commission filings, including the company's annual report on Form 10-KSB. The company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release. For further information, please contact Jeff Baudo of AdStar, Inc., +1-310-577-8255, ; or Media, Kevin Wilson, +1-513-885-5520, , for AdStar, Inc. DATASOURCE: AdStar, Inc. CONTACT: Jeff Baudo of AdStar, Inc., +1-310-577-8255, ; or Media, Kevin Wilson, +1-513-885-5520, , for AdStar, Inc. Web site: http://www.adstar.com/

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