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DC Metro Tech Councils Bestow FileTek's CFO With Community Service Award - William P. Loomis Recognized for Diverse Public Contributions

Rockville, MD (June 6, 2003) - FileTek, Inc., a data management software developer, announced today that its Chief Financial Officer, William P. Loomis, was awarded the 2003 Community Service Award during ceremonies last evening at The Greater Washington Technology CFO Awards. The presentation, which recognizes extraordinary financial executives, took place at the Ritz-Carlton Hotel in Tysons Corner, Virginia. The Northern Virginia Technology Council, Tech Council of Maryland, and the DC Tech Council cooperatively organized the CFO Awards.

The Community Service Award is given to a Chief Financial Officer or Financier who, in addition to excelling at his/her job, has given his/her time and energy to improving the Greater Washington region's technology community.

Besides fulfilling his duties as FileTek's CFO, Mr. Loomis contributes much personal time to various activities including acting as Board Member and the Chair of both the Audit and Investment Committees for the Literacy Council of Montgomery County. Last week, he was elected to additionally serve as the Chair that Council's Budget Committee. He is also a Senior Mentor for MBA graduate students for the University of Maryland's Robert H. Smith School of Business Alumni Mentor Program, and is a member of the university's Dean's Advisory Council for the Smith School of Business. In addition, Mr. Loomis acts as Chair of the Northern Virginia Technology Council CFO Success Stories Committee and is a member of the Tech Council of Maryland CFO Forum Steering Committee.

Mr. Loomis also serves as FileTek's Chief Operating Officer as well as the Chief Financial Officer for Centennial Computer Corporation, a related company.

"In addition to professionally excelling at his demanding job responsibilities, Bill represents FileTek well in everything he does, including his community involvement," said William C. Thompson, FileTek's President and CEO. "His spirit of service and professional leadership is inspiring and we're proud to have him in the FileTek family."

Mr. Loomis has over 20 years' experience in high technology finance and administration. He joined FileTek in 1987. He was previously Vice President of Finance for Centennial Computer Corporation, and previous to that was with the public accounting firm of Ernst & Young.

About FileTek
FileTek, Inc. is a provider of data storage and access management solutions, enabling enterprises, worldwide and across multiple industry segments, to rapidly access ever-growing volumes of historical data. FileTek is headquartered at 9400 Key West Avenue, Rockville, MD 20850. Telephone: +1 301-251-0600. Fax: +1 301-251-1990. Internet: www.filetek.com. The company also has offices located in Belgium and the United Kingdom

©2003 FileTek. All rights reserved. FileTek and StorHouse are U.S. registered trademarks of FileTek, Inc. Other trademarks included herein are the properties of their respective owners. The following US patents protect StorHouse: 4,864,572; 5,247,660; 5,727,197; 6,049,804.




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