Newport Beach, CA/Wilmington, DE/Glen Allen, VA-December 15th, 2002-Old American, Inc., www.oldamericaninc.net, an international asset and technology solutions provider, announced today that it has signed James River Consulting, as a value-added reseller (VAR) to sell its unprecedented web-based Human Resource software system-HR2 recruitment-to-retirement application modules.

With HR2, large institutions as well as small to mid-sized companies, can increase their human resource intelligence through the integration of business to employee engagement modules that incorporate every stage of the hiring process from recruitment-to-retirement.

The innovative, patent pending, product line delivers incredible speed of deployment, customization and interacts within the company's existing infrastructure. HR2 actually defines and refines engagement models between the company and its employees.

"HR2 reflects more focused research in the optimization of human capital management than any other system of its kind, " according to Old American President, Joseph Rodriguez II. "HR2 will continue to become the intuitive system to watch."

About James River Consulting
James River Consulting provides highly specialized technology solutions in the data management, enterprise security and systems management arenas--minimizing the burdens of IT infrastructure. The twelve year old company has expanded offices throughout the nation with offices in Richmond, Gaithersburg, Raleigh, Atlanta, Orlando, New Orleans, Austin, Minneapolis, Denver and Los Angeles. The company represents industry product leaders such as SGI, Sun, Oracle and INFORMIX. James River is a leader in providing solutions and products for academic computing, with an installed base of over 200 institutions. As the largest supplier of SGI's educational hardware, the company offers superior sales and support resources with in-depth knowledge of University systems management. In addition, James River provides leading edge IT solutions to U.S. Federal Government Agencies with GSA schedules and contracts in place for easy procurement opportunities.

About Old American, Inc.
Understanding the dynamics of the marketplace as well as technology advancements in both software and hardware along with a history of quick, consistent program delivery provides Old American with the foundation and leadership necessary to instinctively compete in today’s technically intuitive world. In business since 1996, Old American’s flexibility and depth of experience enables the company to intelligently address the challenges customers face in structuring and obtaining optimal forms of technology solutions.

For more information, or to set up an interview, please contact:
Arturo Leon @ 949-219-0411 / aleon@oldamericaninc.net