DataLogic Consulting Receives VoIP Video Conferencing Application Development Contracts IRVINE, Calif., Dec. 10 /PRNewswire-FirstCall/ -- DataLogic International, Inc. (OTC Bulletin Board: DLGI; Berlin Stock Exchange: 779612) today announced that it has signed two VoIP Video Conferencing application development contracts with Epic Financial Corp. (BULLETIN BOARD: EPFL) and Paramco Financial Group (BULLETIN BOARD: PFDE) . The contracts call for DataLogic to perform research and development, consulting, software programming, developing and licensing the mortgage- industry specific VoIP Video Conferencing application. Combined, the new contracts will bring DataLogic an additional $200,000 in future revenues. Once development is complete, Paramco Financial and Epic Financial plan to deploy the system to their respective mortgage business subsidiaries, such as Epic's Key Mortgage Corp., and Paramco's Royal Federal, Inc. The proprietary system will allow mortgage customers, bankers, loan underwriters, and mortgage vendors to communicate "virtually" face-to-face through the video conferencing system. "The signing of these two contracts came at the most significant time in our VoIP business. Together with our IP-Phones and upcoming Video Conferencing application development, we're set to get in on the ground floor of the fast growing Video Conferencing market. Once the application has been developed, it will be transferable and marketable to other commercial applications as well," commented Derek Nguyen, Chairman and CEO, DataLogic International, Inc. About DataLogic International Inc. DataLogic International, Inc. consists of two subsidiaries, DataLogic Consulting, Inc. and IPN Communications, Inc. DataLogic Consulting, a wholly- owned subsidiary, is a professional service company dedicated to solving its clients' business problems with technology-based solutions. The Company services include Information Technology consultancy, project management, software development, Internet solutions, telecommunications/wireless integration, value added reselling/training and IT outsourcing. The Company also provides short and long term staffing solutions to IT clients and healthcare/medical providers. The Company clients consist of commercial enterprises and local and state governments. Among the industries that DataLogic serves include Communications, Energy, Financial, Government, Healthcare, Manufacturing, Retail and Transportation. A partial list of the Company's current and previous clients include Alcon Labs, Amgen, Boeing, Compaq Computer, Cisco Systems, City of Houston, Commonwealth of Virginia, FDNY, FedEx, IBM Corp., International Paper, Kiboga Systems, Orange County Transportation Authority (OCTA), PacifiCare/RX Solutions, Phillips Petroleum, Prudential Healthcare, State of North Carolina, State of Rhode Island, SAS Institute and Sun Microsystems. IPN Communications, Inc, a majority-owned subsidiary, is a provider of voice over Internet protocol (VoIP) telephony product and services. The company target markets are consumers and business users worldwide who seek to reduce communication costs. IPN product suite includes USB and Ethernet based VoIP phones and turn key servers that support in-network VoIP calling and VoIP to public-switch telephone network (PSTN). For more information on IPN Communications, Inc., go to http://www.ipncom.com/ . For more information on DataLogic International, Inc., go to http://www.dlgi.com/ or contact Investor Relations at or (888) 530-8228. About Epic Financial Corporation Epic Financial Corporation (OTC:EPFL) (BULLETIN BOARD: EPFL) is a financial services and technology holding company focused on acquiring and investing in established and high-growth financial services enterprises and technology companies in the Internet, software, and technology infrastructure fields. The Company currently has two wholly-owned subsidiaries, American National Mortgage and Key Mortgage Corporation, and is in the process of acquiring Mission Equity. For further information please visit our website at http://www.4epic.com/ . About Paramco Financial Group Paramco Financial Group (OTC:PFDE) (BULLETIN BOARD: PFDE) , founded in 1996, is a financial services holding company that specializes in the development and placement of commercial equipment leasing transactions and in assisting its clients with their capital formation needs. In 2001, Paramco began a major vertical expansion effort to enter into the residential and commercial mortgage industry, the mortgage warehouse lending business and the business of real estate investments through Paramco Mortgage Corporation and Paramco Investments, Inc. Paramco Mortgage Corporation intends to be involved in residential and commercial mortgage financing. It is further intended that Paramco Investments will be structured to meet the statutory requirements for qualification as a REIT and be involved in both the ownership and finance of real estate. For further information about Paramco Financial Group, Inc., please visit http://www.paramco.net/ . This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control. Some of these factors include the ability of the company to raise sufficient capital, attract qualified management, attract new customers and effectively compete against similar companies. DATASOURCE: DataLogic International Inc. CONTACT: Investor Relations of DataLogic International Inc., +1-888-530-8228, Web site: http://www.paramco.net/ Web site: http://www.4epic.com/ Web site: http://www.ipncom.com/ Web site: http://www.dlgi.com/

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