October 7, 2002

News Release: Steady Revenue Gains Improve VantagePoint's Position in BC's Top 100 Technology Companies

VantagePoint Systems, Inc. (TSX-Venture: VPG) today announced that it ranks among the T-Net Top 100 technology companies in BC for the second year in a row. The T-Net 100 honors BC's 100 largest private and publicly traded technology companies, ranked by annual revenue.

"Despite a slow economy and guarded spending on software, renewed and additional customer relationships have provided VantagePoint with steady revenue gains over last year, said Jim Hennings, president and CEO at VantagePoint. "In addition, the more progressive businesses are doing everything they can right now to root out business process inefficiencies so they can put more on their bottom line. VantagePoint's software solutions help them do this." Customers Choose VantagePoint

The force behind steady revenue growth is the continued market acceptance of VantagePoint's advanced software products as witnessed by the following recent events:

- Packaging giant Menasha Packaging Corporation began adoption of the
entire family of VantagePoint solutions throughout its operations.
- After the merger of Sound Container with Seattle Packaging, the newly
formed Alliance Packaging selected VantagePoint as the standard
business software system for its multiple plant operations.
- Liberty Carton chose VantagePoint to standardize their core business
system across their packaging operations in Minneapolis, Kansas and
Texas.
- Columbus Container upgraded their existing VantagePoint solution to
take advantage of the new features in Business VantagePoint(TM)
version 8.

The VantagePoint Product Lineup

Business VantagePoint(TM), Team VantagePoint(TM) and Customer VantagePoint(TM) work together to provide a 360-degree business system that places the customer at the center of the organization. Integrated with industry-leading design, scheduling, accounting and business intelligence tools, the VantagePoint solution has made hundreds of packaging plants more competitive by maximizing plant and worker efficiency, increase customer satisfaction and improve productivity.

About VantagePoint Systems, Inc.

VantagePoint develops and markets core business software designed specifically for multi-plant packaging manufacturing companies. Since 1992, VantagePoint professionals have made packaging businesses worldwide more competitive by providing solutions that maximize plant and worker efficiency, increase customer satisfaction, and improve profitability. VantagePoint's flagship system, Business VantagePoint, operates in over 130 packaging plants throughout North America and Europe. Key customers include Menasha Packaging Company, International Paper, Columbus Container Inc., Gaylord Container, and Smurfit-Stone. VantagePoint trades on the TSX Venture Exchange under the symbol VPG. For more information, visit www.vpgroup.com.

The TSX does not accept responsibility for the adequacy or accuracy of this news release.

(C) 2002 VantagePoint Systems, Inc., All rights reserved. Business VantagePoint, Customer VantagePoint, and Team VantagePoint are trademarks and or registered trademarks of VantagePoint Systems, Inc.

For further information: Press Contacts: Louise Quinn, Corporate
Communications, 604-685-4209 x 226, louise.quinn(at)vpgroup.com; Patrick De
Witt, Investor Relations, 604-685-4209 x 267, patrick.dewitt(at)vpgroup.com

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