PC EXPO: New York, NY — (June 26, 2002)— Appgen, Inc., a premier developer of financial business software, announced today that its complete line of MyBooks™ software was selected for bundling into Toshiba's Magnia® SG20 Wireless Mobility Server. Toshiba's portable "network-in-a-box" is designed to provide users with a complete mobile network communications package at an affordable price for mobile consultants, remote users in large organizations, home offices, and small-to-medium-sized businesses seeking mobile networking capabilities.

"Appgen is pleased to announce that its MyBooks line of accounting and business management software has been selected by a world technology leader like Toshiba America Information Systems to be included with their wireless networking solution for small businesses," said Mark Andre Jr., President and CEO of Appgen. "Appgen's MyBooks offerings are a perfect match for small business users who are seeking quality accounting and business management software that provides ease of use, scalability and the ability to conduct e-commerce."

About the size of a notebook computer, the Magnia SG20 is a cost-effective portable wireless server that allows users to securely access and share files, printers and an Internet account.

"Our goal is to provide small business users an affordable and powerful accounting solution like Appgen's that can be networked and grow with their business," said Oscar Koenders, vice president product marketing, Toshiba Computer Systems Group. "Also of note was the Appgen MyBooks software's flexibility to be able to run on both Microsoft® and Apple® client operating systems and to be modified for any small business' vertical needs."

About the MyBooks Software Line
• Easy-to-use accounting and business management software for small to mid-size businesses starting at $99
• Collaborative commerce ready functionality enabling even the smallest company to conduct ecommerce
• A modifiable system for varied industries and user-specific needs
• Interfaces for service-based and inventory-based businesses
• Built-in audit trails and adherence to GAAP Standards
• Freedom to use the operating system of choice: Appgen software runs on virtually all operating systems
• Portability from operating system to operating system
• Scalable up to hundreds of users
• Mixing and matching of the operating systems of choice for stand-alone computers and network use
• Easy import and conversion of outside data.
• Comprehensive drill-down functions to obtain key information about accounts

About the Magnia SG20
The Magnia SG20 offers full-featured wireless networking at an affordable price. The server comes complete with a firewall, file/print sharing, Internet and printer gateway, web caching, content filtering, backup capabilities, email services, remote administration features, a Linux® operating system and up to 60GB* of storage capacity.

The Magnia SG20 offers authorized users secure access to data from any remote location in the world with Internet access with the built-in Virtual Private Network (VPN) feature. Furthermore, a configurable firewall application protects the data on the Magnia SG20 Wireless Mobility Server from unwanted intrusion from the Internet.

Pricing and Availability
The Magnia SG20 bundled with Appgen's MyBooks software is now available starting at $1448 with MyBooks and $1595 with MyBooks Professional. These turnkey, out of the box solutions are available through Toshiba's traditional distribution channels.

About the Appgen Collaborative Commerce Platform
The Appgen Collaborative Commerce Platform embraces open standards such as Java, ODBC, C, and C++, and the soon to be announced Appgen XML Server, and other integration technology to let web-enabled users of Appgen's MyBooks plug into key business modules of virtually any disparate applications like the Enterprise Resource Planning or Supply Chain Management of major companies.

About The Appgen Software Companies
Founded in 1989, The Appgen Software Companies (www.appgen.com) provide a broad spectrum of products ranging from personal financial software to enterprise-ready business, accounting, and collaborative commerce applications. Appgen's software solutions enable individuals and businesses to manage their commerce and everyday personal finances with ease. Its products also enable small to mid-size business users to enjoy Fortune-sized business and accounting management power and productivity. Today, Appgen's business software products are distributed by the nation's most notable retail outlets like Fry's, CompUSA, Hastings, Microcenter, Amazon.com, and Apple Computer Stores.

About Toshiba America Information Systems, Inc.
Toshiba Computer Systems Group, a division of Toshiba America Information Systems, Inc. (TAIS), is a leading vendor for portable computers. In addition to notebooks, the company offers portable and wireless accessories, a Pocket PC device, and server computing solutions for business customers under the Toshiba brand name. For more information call 1-800-TOSHIBA or visit the company's Web site at www.csd.toshiba.com.

Headquartered in Irvine, Calif., Toshiba America Information Systems, Inc. (TAIS) is comprised of multiple divisions that provide computer, communications and imaging products and services. Products include industry leading portable computers; PDAs; mobile computing accessories; servers, including communications and portable servers; storage subsystems; cable modems; digital business telephone systems; voice-mail; digital cameras; security systems, and projectors. TAIS provides sales, marketing, services and manufacturing for its wide range of information products in the United States and Latin America. TAIS is an independent operating company owned by Toshiba America, Inc., a subsidiary of Toshiba Corporation, which is a world leader in high technology and integrated manufacturing of electrical and electronic components, products and systems. Toshiba has global sales of over $50 billion and more than 300 subsidiaries and affiliates worldwide.

Safe Harbor Statement
This press release contains statements relating to future embedded modem products of the company that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; demand for and market acceptance of consumer network servers, network access and set-top box products; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company disclaims any obligation to update or revise the information contained in any forward-looking statements, whether as a result of new information, future events or otherwise. Magnia is a registered trademark of Toshiba America Information Systems, Inc.