PESSS RELEASE

Old Town Firm Relocates to Liberty Station's Office District

-- Gnostech, Inc. to be 3rd Defense Contractor at the Former Navy Base --

February 22, 2006

Gnostech, Inc., a 25-year-old system engineering and applied technology development firm, has signed a lease for 3,255 square feet of space at 2468 Historic Decatur Road, one of seven new Class A office buildings at Liberty Station.

Currently located in Old Town, Gnostech will move its headquarters and eight employees in April. The company will join telecommunications company, Telisimo International, Inc., (formerly Aradiant Corp.) and Triwest Healthcare Alliance in the same building.

Gnostech will be the third locally based defense contractor to relocate to Liberty Station, according to Randy Levinson, vice president of office and industrial development for McMillin Commercial, a Corky McMillin Company. In addition to Triwest Healthcare, which provides health care for 2.7 million members of America's active and retired military, Cubic Defense Applications will be moving this spring to Liberty Station. Cubic Defense Applications provides realistic combat training systems for military forces.

"We're proud to have such a distinguished name in the defense industry added to the tenant list on this historic property," said Levinson.

Gnostech was represented by Andrew Ewald of Grubb & Ellis/BRE, with Bret Gossett of CB Richard Ellis representing McMillin on the transaction.

With additional offices outside of Philadelphia, Gnostech has been the technical lead in the development of a terrain avoidance system for commercial aviation. In addition, Gnostech has provided system-engineering services in the advancement of naval mission planning since 1987. Its current focus in this area is toward the integration and deployment of the Joint Mission Planning System on behalf of the Department of Defense.

Gnostech also provides information technology services to businesses, state and local governments as well as academia. Real-time GPS test control and simulation products are sold to the private sector as well as vehicle tracking/fleet management frameworks, and industrial test-and-control products.

Liberty Station is being developed by The Corky McMillin Companies in conjunction with the city of San Diego's Redevelopment Agency. The redevelopment project is expected to create more than 8,000 permanent jobs and $2.2 million in annual property tax revenue.

When completed, Liberty Station will include 125 acres of parks, open space and a boat channel; shopping villages and restaurants; the 28-acre civic, arts and cultural district dubbed NTC Promenade; the nine-hole Sail Ho golf course; two planned hotels; 349 homes, and a 22-acre educational campus anchored by High Tech High. For more information on Liberty Station, visit libertystation.com.

Resembling historic buildings on the former military base, the new buildings within Liberty Station's Office District boast cast stone details, balconies, arcades and clay tile roofs. Distinctive courtyard gardens and water features enhance the ambiance of the campus-like environment. For leasing information, contact Matt Hietbrink at (619) 794-1223.

Article courtesy of www.libertystation.com.