ZH Computer develops software products that run on IBM compatible personal computers (PCs) under Microsoft Windows™ or NT environment. ZH seeks to identify unique software technologies in either the concept or development stage, and then create marketable software products. The company has previously completed products in the areas of linguistics, music, digital signal processing, medical, education, real-time video conferencing, curve processing, pattern recognition and personal assessment.

ZH Computer has developed and is currently marketing two products: Motivational Appraisal of Personal Potential (MAPP™) and Digital Audio Restoration Technology (DART®). MAPP and DART both run on IBM compatible PCs and are accessed and distributed via the Internet. Our strategy is to position these products to take advantage of the rapid growth in e-commerce and the accessibility of the Internet by companies and individuals.

Our business develops its products through two software development arms in Poland, Computer Program ZH (CPZH), a wholly-owned subsidiary in Warsaw, and EXPERT, an unaffiliated contract software company, in Gdansk. These two organizations provide primary software design and development resources. The Polish staff have advanced degrees in engineering, mathematics, science and computer science. ZH Computer’s Internet software work is performed by ZH Computer in the United States.

By changing the way people obtain goods and services and creating opportunities to deliver new products and services, ZH Computer believes the Internet is fundamentally changing how business is done worldwide. In particular, a large segment of the employment process is moving to the Internet. According to a July 5, 1999 article in FORTUNE magazine “the Web is the future of recruiting.” Forrester Research stated that “the Internet will eliminate classifieds as we know them today.” Currently, Cisco Systems hires approximately 65% of its people and receives approximately 81% of its resumes via the Internet and has cut the average time to fill a position by almost two-thirds. According to the United States Bureau of Labor Statistics 38 million jobs are filled each year and it is estimated that 5 to 10 million positions will be filled via the Internet in 1999.