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To: CIMA who wrote (25634)	2/8/2000 3:02:00 PM
From: Jim Bishop	Respond to of 150070

ITNI news out, and it's performing just beautifully. Thanks again CIMA. TORONTO--(BUSINESS WIRE)--Feb. 8, 2000-- (OTC Bulletin Board:ITNI - news) I-transaction.net Inc. (OTC BB:ITNI - news) is pleased to announce that it has licensed the proprietary eP@ss(tm) technology from eP@ss(tm) Canada Inc. eP@ss(tm) is a network of software modules with the ability to communicate and share information in real time, and is a complete Internet-based business-to-business management system. By incorporating all of the eP@ss(tm) modules, a business is finally able to close the loop between information delivery, customer interaction, e-commerce transactions, inventory management, and office management. eP@ss(tm) software users need only Netscape or Internet Explorer to access their data. The agreement allows I-transaction.net Inc. to license, integrate and redistribute eP@ss(tm) Canada Inc.'s proprietary database engine called ICE into ITNI's clients' websites. eP@ss(tm)'s primary application is a solution package for stockbrokers called eP@ss(tm) Broker. eP@ss(tm) Broker is all a financial firm needs to bring a Business Management System (BMS) solution to a web site. There is no expensive software to buy --no complex database to install and configure. All you need is a browser. With eP@ss(tm) Broker, users and clients can communicate instantly with a fax blast, email blast, etc., send information based on pre-set criteria, collect demographics, perform safe e-commerce transactions, automate and track all business processes and create automated responses, create knowledge bases on all your products and services and set-up message boards to allow for public company disclosure. ITNI is also in a joint venture with eP@ss(tm) for the development of the Dynamic Instant Messaging System, which unlike e-mail is triggered by database criteria preset by the user or administrator. For example, the system could immediately notify the user in the event of a sudden change in stock price or volume and at the same time, an investor relations firm could instantly communicate these sudden movements to thousands of predefined investors without the hindrance of using static e-mail. ''The partnership with eP@ss(tm) allows ITNI to access the lucrative business-to-business market and develop additional business revenue streams,'' says David Bruce, Director, ITNI. Sales from business to business based software systems were $64 billion in 1999 (IDC) and expected to reach $300 billion by 2002 (Forrester). 85% of overall e-commerce transactions will be business-to-business by 2002 (IDC). ITNI develops and deploys business-to-business and consumer-to-business e-commerce solutions as well as offering electronic funds transfer, advertising, marketing and database support. The website is located at www.i-transaction.net Contact: Chase Equity Group 416/864-1513, 877/847-7719