FOR IMMEDIATE RELEASE

Science Dynamics Corporation
Cherry Hill, NJ
Joy C. Hartman
856/424-0068
ir@scidyn.com

SCIENCE DYNAMICS Realigns to 
Position Inmate Call Control

CHERRY HILL, N.J., January 25, 2002 /PRNewswire/ -- 

Science Dynamics Corporation, SciDyn, (OTCBB: SIDY), a leading developer of advanced telecommunications solutions, took bold steps this week to bolster its commitment to the inmate call control business.  Through a strategic reorganization plan, changes are being implemented to focus current business operations around SciDyn’s core Commander Call Control product line.

“By streamlining and reallocating its workforce, SciDyn is taking a major step toward achieving our Commander initiatives,” said Joy Hartman, SciDyn President and Chief Executive Officer.  “Like other companies in our industry and related industries, the economy has forced us to take a close look at our staffing levels and make adjustments accordingly.  The company is struggling to meet its financial targets in a weakened telecom market.  Cost management must be a permanent way of life.  The reduction in force affected employees from all areas including senior management, administration and engineering.” 

These initiatives are the first steps in stabilizing and restructuring the company.  With these changes we will conserve our limited financial resources to provide superior technology and telecommunications services to jail and prison administrators in managing their inmate telephones.  SciDyn will continue to develop its VoIP platform on a reduced basis focusing primarily on additional features and functionality.  The expected cost savings from this restructuring is intended to bring future benefit and value to Scidyn and its customer accounts by refining operational efficiencies for continued technological development. 

 About Science Dynamics Corporation

Headquartered in Cherry Hill, New Jersey, Science Dynamics Corporation (SciDyn) is a developer of telecommunications solutions. SciDyn's IP telephony products enable the seamless connection between traditional circuit switch-based networks and the next generation of packet-based networks. Products include: The IntegratorC-2000® series of IP Telephony Gateways, the Commander call control phone system (also based on the IntegratorC- 2000® architecture) and the VFX-200 series of Video over Frame Relay Access Devices.  Visit Science Dynamics' Web site at http://www.scidyn.com

The Company is making this statement in order to satisfy the “safe harbor'' provisions contained in the Private Securities Litigation Reform Act of 1995. This press release includes forward-looking statements relating to the business of the Company. Forward-looking statements contained herein or in other statements made by the Company are made based on management's expectations and beliefs concerning future events impacting the Company and are subject to risks, uncertainties and factors relating to the other factors, all of which are difficult to predict and many of which are beyond the control of the Company, that could cause actual results of the Company to differ materially from those set forth above and elsewhere in the Annual Report. The Company may encounter competitive, technological, and financial and business challenges making it more difficult to market its products and services, the impact of which may in matters expressed in or implied by forward-looking statements. The Company believes that the following factors, among others, could affect the Company's results of operations and financial position, affect its future performance and cause actual results of the Company to differ materially from those expressed in or implied by forward-looking statements made by or on behalf of the Company: (a) the effect of technological changes; (b) increases in or unexpected losses; (c) increased competition; (d) fluctuations in the costs to operate the business; (e) uninsurable risks; and (f) general economic conditions.

 

For Further Information, Please Contact:

Science Dynamics Corporation, Cherry Hill, NJ.
Joy C. Hartman or Peggy Wargo
856/424-0068
ir@scidyn.com

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