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To: Buckey who wrote (116830)7/20/2003 5:00:28 PM
From: Rocket Red   of 150070
 
Hop-On Completes Financial Audit of Past 5 Years

IRVINE, Calif., July 17 /PRNewswire-FirstCall/ -- Hop-On , the leading developer of disposable and recyclable cell phones, today announced that the independent public accounting firm of Spector & Wong has completed its audit of the Company's financial statements from 1998 to 2002. The audit report for the year ended December 31, 2002 will be posted on the Company's website hop-on.com.

The Company will also be providing the audit reports to the Company's SEC attorney, who will be preparing a registration statement (Form 10-SB) to be filed with the Securities and Exchange Commission. Once the registration process is completed, Hop-On will be an SEC reporting company.

About Hop-On

Hop-On is the developer and marketer of the world's first disposable, recyclable and contract free cell phone. The Federal Communications Commission (FCC) approved Hop-On for the world's first CDMA disposable cell phone. Hop-On's CDMA phone is a digital, single mode cellular handset that operates in the 800 MHz frequency band. Hop-On's CDMA phones, which provide a much-needed alternative to full service cellular contracts and prepaid calling cards, are recyclable, include a rechargeable battery and the capability to add on additional minutes. Hop-On is also marketing a GSM phone, which expands its product offerings for applications in various other global markets. For more information, visit hop-on.com.

CONTACTS:
David Pasquale, 646-536-7006, or Jim Olecki, 646-536-7021
Both of The Ruth Group, theruthgroup.com

This Company's news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements relate to, among other things, software functionality and capacity, timing of the commencement of operations and cash flow, and are indicated by words or phrases such as "anticipate," "estimate," "plans" and similar words or phrases. The following are among the principal factors that could cause actual results to differ materially from the forward-looking statements: general business and economic conditions in the Company's operations, including the rate of inflation, population, employment and job growth rate, the pricing pressures and other competitive factors and issues arising from year 2000 information technology issues. Consequently actual events and results may vary significantly from those included in or contemplated or implied by such statements.

Hop-On

CONTACT: David Pasquale, +1-646-536-7006, or Jim Olecki,
+1-646-536-7021, both of The Ruth Group, for Hop-On

Web site: hop-on.com
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