Subject:                     HYWY Corp. - Letter from the President        Date:                     Tue, 10 Apr 2001 16:49:04 -0400     
          April 09, 2001
          Dear friend of HYWY,
          I just wanted to update you on some exciting news regarding HYWY Software Corp. Yesterday, we shipped the beta version of our Productivity Environment for Java to our beta test partners, meeting a key milestone in our company's development and setting the stage for our first product release later this spring.
          Shipping the beta version of our Productivity Environment for Java is exciting to us for two reasons. First, it allows us to see our product put through its paces by application developers in a variety of companies and technical environments. Second, as we shipped this beta release on our target date of April 9, it shows that our product development is right on schedule. With the help of our beta partners' detailed feedback, we'll continue meeting milestones leading up to our production release in May.
          HYWY's Productivity Environment for Java is designed to revolutionize the way businesses develop, test, deploy, and manage enterprise Java applications throughout their entire lifecycle. Our beta partners will test the product's ability to reduce the complexity of Java development, and overcome shortages of skilled Java programmers by allowing personnel with skills in other languages such as Visual Basic or C++ to develop and deploy Java applications. In addition to the formal beta program, several companies are involved in a broader evaluation program.
          One of our beta partners is OS Crypto Inc, a developer of security and financial systems integrity applications that is already using an alpha version of the Productivity Environment for Java.
          "Our business depends upon our ability to prototype and develop secure, stable, and scalable applications," says Kawika M. Daguio, CEO of OS Crypto. "Our time-to-market advantage over our competition is due in no small part to the power and versatility of HYWY's product. This is a unique, outstanding product."
          Enthusiastic feedback from companies like OS Crypto showed we were going in the right direction and had the right vision. Now we have the chance to prove ourselves with a more functional and fully featured product.
          Companies participating in the beta test program include:
  ·       An investment management and financial services company that manages mutual funds on behalf of investors throughout North America
  ·       An e-business engineering firm that designs, builds and integrates Internet software such as customer-facing commerce engines and enterprise portals
  ·       A developer of vertical e-business marketplaces for real estate markets, mining and resource markets, and manufacturing and design markets.
  We're very proud of our R&D team, who have put in long hours and many a sleepless night to meet this key milestone. With the beta version in our testing partner's hands, we are now in the home stretch and foresee launching our product on schedule in May. I will keep you posted on other important developments, and thank you for your continued interest in HYWY Corp.
  Sincerely,
  David Morrison President, HYWY Corp. |