Strategic Management Group, Inc. Releases Version 4.0 of its SimShop Simulation Platform

PHILADELPHIA, PA, March 20, 2003 -- Strategic Management Group, Inc. (SMG), the market leader in simulation products and services that accelerate time to value of corporate initiatives, today announced the release of SimShop(TM) Version 4.0.

This release includes the SimShop(TM) Resource Library, a searchable database of tools, books, tutorials, articles, audio-video files, and other resources related to critical business issues and corporate initiatives.

SimShop(TM) is SMG's proprietary platform for development, maintenance, and deployment of simulations for use across the lifecycle of an initiative. SimShop(TM) integrates four major components of the Platform Server: the Simulation Engine, the Template Processor, the Media Integrator, and now, the Resource Library.

The platform also includes the SimShop(TM) Authoring Tool to create simulations across SMG's Simulation Continuum.

The Resource Library, SimShop(TM)'s newest capability, allows for the dynamic association of resources with a simulation, so that a single resource can be used in any number of simulations across multiple initiatives. It also allows clients to add, freshen, and maintain their own resources, and to have them integrated dynamically with an SMG simulation.

The Resource Library offers a card catalog of references to resources, allowing users to link directly to online content.

Rich Mesch, SMG's VP of R&D Operations, says, "SimShop(TM) Version 4.0 will give our clients even better capability to drive key initiatives using simulation. Clients can now use the Resource Library to keep information associated with an initiative fresh and up-to-date. End-users have a much greater search capability, so they can get to tools that will help them improve the way they do their work."

The SimShop(TM) architecture offers users an integrated mix of simulation, community/collaboration tools, and supporting resources. The user experience can include rich media, depending on the available bandwidth. Media files can also be installed on a user's desktop or client server, depending on the IT requirements.

About Strategic Management Group, Inc.

Strategic Management Group, Inc. is the leading provider of simulation products and services that accelerate time to value of corporate initiatives. SMG has deployed its simulation technology in over half of the Fortune 500 since 1981, with clients like GlaxoSmithKline, GE, IBM, Wyeth and Sprint.

SMG is aggressively bringing to the market the message of simulation to drive initiatives, specifically in the areas of Sales and Product Lifecycle Management. Capitalizing on what Gartner analysts call "the next killer application," SMG is working with its clients and partners to leverage its third-generation SimShop(TM) technology and tested development and deployment methodology.

For more information about SMG's simulation products and services, contact Jan Shauer at 301-588-6962 or jan.shauer@smginc.com, or visit the website at www.smginc.com.

Contact:

 Strategic Management Group, Inc.
Jan Shauer, 301/588-6962
jan.shauer@smginc.com