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Applied CAD/CAM, Inc. is now Applied Engineering Technology, Inc.

MINNEAPOLIS, Minnesota, September 11, 2003

Applied CAD/CAM, Inc., a leading engineering solutions provider in the Midwest, today announces its name change to Applied Engineering Technology, Inc. In addition to the name change, we are moving to a new, more spacious office building located in Maple Grove, MN.

Changing our name to Applied Engineering Technology, Inc. will better reflect Applied's business philosophy of providing "Complete Engineering Solutions" to our customers throughout the mid-west.

The move to a more spacious office building two blocks east of our current office location, will provide for future growth, more square footage for training and seminars and has the capability of accommodating up to 50 visitors at a time. Our new office space also has a research and development area for light assembly of on-going engineering services projects.

The address for the new Applied office building is:
6901 East Fish Lake Road, Suite 160
Maple Grove, MN 55369.

All other contact information, such as telephone, fax, web and email addresses will remain the same.

An Open House is being planned for the end of October and will be announced shortly.
Please call 763-420-6600 with any questions.

Applied Engineering, Inc. (Applied), operating as Applied Engineering Technology, Inc. in Minnesota, was established in 1986, is a national reseller of engineering productivity solutions with offices in Minnesota, North Dakota, South Dakota, and Texas. Applied services over 1000 customers, employs more than 100 people and has more than 16 years experience.

Applied is one of the key technology providers in the Midwest for engineering companies. By providing best in class CAD/CAM/CAE/PDM solutions, and expertise in engineering technologies and production, Applied increases productivity for its customers.

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