itAccounts™ AND CIT ANNOUNCE A STRATEGIC ALLIANCE

New York, NY, September 26, 2001 - itAccounts™ today announced an alliance with CIT Commercial Services. This alliance will enable itAccounts' clients utilize financial solutions from CIT on exclusive terms, thereby fulfilling itAccounts endeavor to garner better and varied services to its clients.

"We are happy to have CIT Commercial Services join us as one of our strategic partners. This alliance brings with it many years of experience and an excellent reputation within the industry and enables us to provide our clients with varied financial solutions to suit their requirements." says itAccounts CEO Kishore Mirchandani, CPA.

"We are continuously looking for ways to provide value-added services to our client," said Anthony Lombardi, Senior Vice President of CIT Commercial Services. "itAccounts is a service available to clients who want to outsource a variety of accounting functions."