Exhibit 99.1

                             SITE TECHNOLOGIES, INC.

                    ANNOUNCES FINAL LIQUIDATING DISTRIBUTION

         June 30, 2003 - Site Technologies, Inc. (the "Company") today announced
that it will make a final liquidating distribution totaling $730,961 or $0.08583
for every outstanding share of its Common Stock (the "Final Distribution"). The
Final Distribution will be made to all shareholders of record as of the close of
business on August 14, 2000 (the "Record Date").

         On September 24, 2001, the Company announced its initial liquidating
distribution of $5,280,158 or $.62 for every outstanding share of Common Stock
(the "Initial Distribution"). Pursuant to the Company's First Amended Plan of
Reorganization under Chapter 11 of the United States Bankruptcy Code (the
"Plan"), effective as of the close of business on the Record Date, the Company's
Common Stock no longer represents an ownership interest in the Company and only
represents the right to receive a pro rata share of the Initial and Final
Distributions. Accordingly the Company's Common Stock is no longer transferable
on the Company's books.

         The Initial Distribution and the Final Distribution represent all funds
payable to the Company's shareholders under the Plan. After payment of the Final
Distribution, the Company will be dissolved and the Company's liquidation will
be complete.