May 21, 1998 C Logic, Inc. to Provide Completely Web-based Paperless Reporting Solution to The Walt Disney Company, Burbank, CA. Alhambra, Calif. May 21, 1998 - C Logic, Inc., the world leader in innovative report/information distribution solutions, today announced that it has signed a contract with The Walt Disney Pictures & TV Company to deliver a worldwide paperless electronic reporting system for their PeopleSoft Financials, including General Ledger, Receivables, Billing, and Projects. "We are very pleased to have this tremendous opportunity to work with one of the world's largest entertainment companies - The Walt Disney Company. With CS-Link, they will be able to speed up their processes dramatically," said Steve Hwang, President of C Logic, Inc., "and at the same time, it will also provide additional required functionality to all of their users, worldwide." About C Logic Founded in 1995, C Logic, Inc. is the leader in innovative report distribution solutions. The company's flagship product, "CS-Link" provides a web report/information portal that can be seamlessly integrated with a company's current heterogeneous environment. *All referenced product names are trademarks of their respective owners.