East Brunswick, N.J., December 2, 2003 - Princeton-based Restricted Stock Systems (RSS) was named Early Stage Company of the Year on Friday, November 21st by the New Jersey Technology Council (NJTC) during an award dinner in East Brunswick, New Jersey.

RSS was chosen based on its profile as a successful and rapidly growing technology company. Several criteria, including leadership, sustainable growth, and potential for future growth, were all weighed when making this decision. In effect, RSS was honored for the ingenuity, hard work and perseverance that contributed toward its steady growth.

“All of us here at RSS are both honored and excited to have been chosen for the New Jersey Technology Council award for Early Stage Company of the Year,” said Greg Besner, CEO of RSS. “Every member of the RSS team has been working hard since 2000 to create a better way to manage restricted stock transactions and insider trading reporting compliance through innovative technology.  We are all very happy to see our hard work and success acknowledged by the NJTC.”

This is the third award that RSS has received this year. Mr. Besner won the Ernst & Young Entrepreneur of the year award for New Jersey, and RSS has also been recognized by Deloitte & Touche as a Rising Star in their New Jersey Technology Fast 50 Program.

Restricted Stock Systems (RSS) provides technology solutions for corporations and brokerage firms. Mr. Besner, who previously worked for Merrill Lynch and Goldman Sachs, founded the company along with his partner Joe Studholme upon realization that there must be an easier way to handle restricted stock transactions than the current time consuming and cumbersome manual process. The company has sustained consistent growth since its inception in February 2000 and already counts among its clients some of the world’s leading financial services firms and public companies.  RSS recently partnered with NASDAQ as part of the NASDAQ Corporate Services Network to provide NASDAQ listed companies with a reliable solution for dealing with strict new federal insider disclosure requirements.

RSS was one of three finalists in the Early Stage Company of the Year category, along with Linguagen and Transave Inc., and selected as the winner by a panel of New Jersey Technology Council judges.

About Restricted Stock Systems (RSS)

Restricted Stock Systems, Inc. (RSS) (www.RSSgroup.com) is a leading provider of restricted and control stock management solutions, and for reporting corporate insider transactions.  RSS solutions automate what until now has been a complex manual process so as to significantly reduce the time and resources involved in selling restricted stock, managing (rule 10b5-1) insider selling plans; and automating compliance with the new stringent requirements for reporting insider trades.

About New Jersey Technology Council

The New Jersey Technology Council provides business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders. Founded in 1996, NJTC's more than 1,200 member companies work together to support their own enterprises while advancing New Jersey's status as a leading technology center in the United States. By collectively representing New Jersey's various technology sectors and the institutions and service companies that support them, NJTC is an effective advocate of public policy that promotes economic growth in the state of New Jersey. Visit NJTC on the web at www.njtc.org.