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To: SCOOBEY-DO who wrote (30)4/12/2000 1:23:00 PM
From: SCOOBEY-DO  Read Replies (1) | Respond to of 98
 
WAMEX Holdings Inc. in Final Stages of Formalizing Contract with 1 Webplace, Inc.; Company to Establish Technologically Advanced Customer Service Call Center

NEW YORK--(BUSINESS WIRE)--April 12, 2000--WAMEX Holdings Inc. (OTC BB: WAMX) an Internet and technology company dedicated to creating and dominating an alternative market and exchange for individuals and institutional investors today announced that it is in the final stages of formalizing its contract with 1 Webplace, Inc. for its Customer Service Call Center. The Call Center will provide additional value added services for WAMEX ATS members.

Russell Chimenti, Chief Administrative Officer, stated, "WAMEX is presently formalizing its contract with 1 Webplace, Inc. to establish our Customer Service Call Center in Tallahassee Fl. We expect to formalize the agreement and begin implementation during the second quarter of 2000 in May. In short, we intend to redefine service. WAMEX is prepared to evolve member services beyond the "Telephone Menu" mentality by providing ATS members with the most advanced, user friendly applications in the industry today."

Hans-Michael Schoebinger, Chief Technology Officer, commented, "Among other services, ATS members will have dynamic and personal interplay capabilities as well as simultaneous mirrored screen to screen direct interaction with service providers via the Internet. We are genuinely excited with the advanced architecture and the highly qualified personnel of 1 Webplace, Inc. The exceptional capabilities of the prospective system compliment our philosophy of providing our members with the highest quality services possible."

The WAMEX lead product, the WAMEX Alternative Trading System (ATS), www.wamex.com, addresses one of the largest and most active industries worldwide. The proprietary system enables a community of self-empowered investors to consummate transactions more efficiently and at a lower cost.

Safe Harbor Statement: This release may contain certain forward looking statements that are made pursuant to the safe harbor provisions of the Private Securities and Litigation Reform Act of 1995. Actual events or results may differ from the Company's expectations.

CONTACT: WAMEX Holdings, Inc.
1 World Trade Center
Suite 7707
New York, N.Y. 10048
IR Phone: 212-432-6062
IR Fax: 212-431-6064
or
DeMonte Associates
Cynthia DeMonte
212/473-3700