GAITHERSBURG, MD -March 18, 2002-Recovery Point Systems, Inc. announced today that it has received final site plan approval to proceed with development of its planned 110,000 square foot Integrated Disaster Recovery Site ("IDRS") on its 17 acre property in Montomery County, MD. When complete, the IDRS will integrate 750-1000 end-user seats with highly secure data center space for mission critical application and data hosting as well as certified vaulting facilities to support electronic and media-based data storage. The new facilities will compliment those currently operated by the company at its IDRS in Gaithersburg, MD.

About Recovery Point Systems, Inc.

Recovery Point Systems provides comprehensive disaster recovery services for end-users, their technology and their data at its Integrated Disaster Recovery Site ("IDRS") in Gaithersburg, MD. Recovery Point's single-point solution mitigates logistical issues related to weather, traffic and multiple vendor management and provides subscribers with rapid recovery of high availability business functions. Recovery Point serves a diverse array of commercial and government clients, including agencies requiring secure services.