INNOVATIVE SOFTWARE
                               TECHNOLOGIES, INC.
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)

                      CHIEF EXECUTIVE OFFICER CERTIFICATION

I, Peter M.  Peterson,  Chief  Executive  Officer  and  Director  of  Innovative
Software Technologies, Inc., certify that:

1. I have reviewed this Quarterly  Report on Form 10-QSB of Innovative  Software
Technologies, Inc. (the "Registrant");

2. Based on my  knowledge,  this  Quarterly  Report  does not contain any untrue
statement of a material fact or omit to state a material fact  necessary to make
the statements made, in light of the  circumstances  under which such statements
were made, not  misleading  with respect to the period covered by this Quarterly
Report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information  included in this Quarterly  Report,  fairly present in all material
respects the financial  condition,  results of operations  and cash flows of the
Registrant as of, and for, the periods presented in this Quarterly Report;

4.  The  Registrant's  other  certifying  officers  and  I are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the Registrant and have:

      a)    designed  such  disclosure  controls and  procedures  to ensure that
            material  information  relating  to the  Registrant,  including  its
            consolidated  subsidiaries,  is made  known to us by  others  within
            those  entities,  particularly  during  the  period  in  which  this
            Quarterly Report is being prepared;

      b)    evaluated the effectiveness of the Registrant's  disclosure controls
            and  procedures as of a date within 90 days prior to the filing date
            of this Quarterly Report (the "Evaluation Date"); and

      c)    presented  in  this  Quarterly  Report  our  conclusions  about  the
            effectiveness of the disclosure controls and procedures based on our
            evaluation as of the Evaluation Date;

5. The Registrant's other certifying officers and I have disclosed, based on our
most recent evaluation,  to the Registrant's auditors and the audit committee of
Registrant's   board  of  directors  (or  persons   performing   the  equivalent
functions):

      a)    all significant  deficiencies in the design or operation of internal
            controls which could adversely  affect the  Registrant's  ability to
            record,  process,  summarize  and  report  financial  data  and have
            identified for the Registrant's  auditors any material weaknesses in
            internal controls and

      b)    any fraud,  whether or not  material,  that  involves  management or
            other  employees  who have a  significant  role in the  Registrant's
            internal controls; and

6. The  registrant's  other  certifying  officers  and I have  indicated in this
Quarterly  Report  whether or not there  were  significant  changes in  internal
controls or in other factors that could  significantly  affect internal controls
subsequent to the date of our most recent  evaluation,  including any corrective
actions with regard to significant deficiencies and material weaknesses.


 Date: October 19, 2004                  /s/ Peter M. Peterson
                                         ---------------------------------------
                                         Peter M. Peterson
                                         Chief Executive Officer and Director
                                         (Principal Executive Officer)