NEXIQ Technologies, Inc. announces its acquisition of Diversified Software Industries, Inc. (DSI), which is 40 percent owned by Motorola, Inc. DSI is an independent software solutions developer, based in Coralville, Iowa. NEXIQ will issue 1.7 million shares of common stock in exchange for all outstanding shares of DSI. With the acquisition, Motorola becomes an important strategic investor in NEXIQ as the Company builds on its industry leadership in transportation diagnostics and telematics services. The acquisition gives Motorola 7.9 percent of NEXIQ's total shares outstanding--l.9 percent on a fully diluted basis. DSI's operarations will remain in Coralville and DSI President, James Griffin, will report to NEXIQ President, Jack Schang, as executive vice-president, Telematics Services.

The acquisition is expected to have a positive effect on NEXIQ's current fiscal year (2001) revenues and it gives NEXIQ significant added management and software engineering resources. In addition, NEXIQ acquires two "industry first" software solutions that enable the Company to immediately broaden its presence in the commercial Vehicle and automotive markets. Prior to the sale, DSI provided NEXIA substantial software consulting and development support related to the Company's E-Technician telematics services. e-Technician is scheduled for release in early fall of this year.