Rockville, MD, May 30, 2002 – TeleBright Corporation, a telecommunications decision-support company, receives two top honors from leading industry sources. For the second year in a row, TeleBright has been named to the Dun & Bradstreet (D&B) and Entrepreneur Magazine’s "Hot 100", a list of the 100 fastest growing new businesses in America. The "HOT 100", available in Entrepreneur's June issue, features the hottest new small businesses in the country based on research gathered by D&B, the world's leading research-based business information provider.

As a second honor, TeleBright’s CEO, Chet Thaker, has been named a finalist for the 2002 Greater Washington Area’s Entrepreneur Of The Year^® Award by Ernst & Young. The Entrepreneur Of The Year^® Award recognizes great business achievements around the world, made possible by "the entrepreneurial spirit - the incredible depth and character that entrepreneurs possess as they develop new technologies, create faster ways to distribute goods and services, and improve the quality of life for people around them." Winners will be announced on June 27th.

"We’re thrilled by the recognition of these prestigious organizations – it is a great honor for our company,” said Chet Thaker, TeleBright’s CEO. “We consider ourselves fortunate to receive such accolades not only from our clients but from leading industry sources as well.”

TeleBright’s proprietary technology calculates clients’ best telecom plan options based upon actual historical data. The technology performs a full telecom bill analysis, unveiling billing errors and enabling recovery of over-billed dollars.

TeleBright’s technology is utilized by government agencies, commercial clients, consumers, and service providers. Partners such as Consumer Reports, Ingram Micro, and GovWorks also utilize TeleBright’s tools and technology to bring value to their customers.

About TeleBright Corporation:

TeleBright, the leading source for telecommunications decision-support technology, provides cutting-edge telecom management tools including billing analyses; web-based procurement solutions; and the design, pricing and proposals for complex network services. To learn more about TeleBright, visit www.telebright.com.