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To: SOURCE who wrote (22745)	1/27/2000 1:08:00 PM
From: SSP	Respond to of 150070

No Filings ! - Wasatch International Corp., Entered Into an Agreement to Acquire E-Pawn Inc., a Multi-Faceted Internet Portal, Web Site Designer and Software Developer Business Editors CORAL SPRINGS, Fla.--(BUSINESS WIRE)--Jan. 27, 2000--Wasatch International Corp. (OTCBB:WITD) announced today that it has acquired privately held E-Pawn Inc. e-pawn.com Wasatch's President, Eli Leibowitz said, "We are very excited about the E-pawn acquisition . E-Pawn has created and developed a multitude of E-Commerce web sites to include: Ubuy Network ubuynetwork.com an auction line pawnshopauctionline.com , a buy sell, trade or barter site swappage.com and the E-Pawn Store Front with over 3000 interesting items from gifts to imported clocks, paintings and much more. He also added, "E-Pawn has developed a proprietary e-commerce software designed with simplicity in mind. The target market is the small to medium size business owners with little or no knowledge of electronic storefront applications but in need of practical e-commerce solutions. E-Pawn's software is simple to install and the storefront administration can be controlled by an individual without any knowledge of basic HTML. The appearance of the storefront is completely customizable; it can be integrated into an existing web site or used as a stand-alone site. However, for those requiring a quick solution within a matter of hours, the standard E-Pawn storefront is supplied ready to use with a number of variations to include color, font and logos, The software is user friendly, versatile and cost effective. The software can handle tens of thousands of products and includes tax and shipping, discounting, e-mail notification, banner ads, search tools and online transaction verification modules. The software will be available in six different languages. E-Pawn's President, Steve Bazsuly said, "We have poured our hearts and souls into the design, software development and the marketing of our multiple web sites and truly welcome this opportunity. Over the past year we have constructed a strong foundation to build on and look to the new management team to guide E-Pawn through the new millennium. The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this Press Release (as well as information included in oral statements or other written statements made or to be made) contains statements that are forward looking, such as those relating to consummation of the transaction, anticipated future revenue of the companies and success of current product offerings. Such forward looking information involved important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward looking statements. --30--cp/mi* CONTACT: Vanguard Communications Group Ltd., Coral Springs Public Relations Eli Leibowitz, President or Steve Bazsuly 954/227-0483 E-Mail: steveb@e-pawninc.com