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To: Due Diligence who wrote (1310)	6/5/2000 3:39:00 PM
From: Due Diligence	Respond to of 2080

XPDN news: (PR Wires) PRW: XPedian Benefits From Very Strong Web Insurance Outlook! PRW: XPedian Benefits From Very Strong Web Insurance Outlook! CHARLOTTE, N.C., June 5 /PRNewswire/ -- Xpedian, Inc. (OTC Bulletin Board: XPDN) reports that On24 Video Investor Alert: Excerpt - Long-Term Outlook for Insurance on the Web is Very Strong - Discussion between Robertson Stephens Sr. E-Finance Analyst, Scott Appleby and On24 Stock Analyst Trevor A. Jackson, Jr., regarding the long-term outlook for the online insurance industry. For the complete streaming video story users should access: on24.com. XPDN offers online insurance brokerage to insurance professionals through its wholly owned subsidiary and recent acquisition -- MCC of Orlando, Inc. XPDN is working to seamlessly integrate online insurance purchases with placement of large insurance purchases into Irrevocable Trusts. This saves unnecessary estate taxation from 43% - 65% of the death benefit on life insurance policies owned by an insured who has a taxable estate. XPDN has exclusive territorial rights to a proprietary web-based interactive interview application that facilitates online application for personalized high quality insurance trust documents. "In the near future our web site will develop into a tool where insurance and other financial professionals can seamlessly purchase an insurance policy at the same time their application for an irrevocable trust is made. We are very optimistic about our possibilities for future growth. Experience has shown that this type of purchase to higher net worth clients which generally produces commissions into five figures. Significant progress is being made industry wide among insurance carriers who are realizing that the application process must be updated to allow for digital applications, we are right in the middle of this industry wide shift and have a solid grip on the technology requirements," says Dale Chapman, President of Xpedian. XPDN has uniquely positioned itself as a third party service provider to offer estate services at a dramatically reduced cost to consumers. It offers this service through a network of financial intermediaries such as Stock Brokers, Financial Planners, Insurance Agents, CPA's, Accountants and Attorneys. Using these professionals as centers of influence, XPDN expects to reach a broader consumer marketplace. Xpedian, Inc. www.fl.xpedian.com in August 99 acquired a license agreement for the distribution and marketing rights to expert system and sophisticated Artificial Intelligence (AI) software, from Commerce Capital Group, LLC. Xpedian will use this advanced technology to deliver B2B2C web-based financial planning services. The company expects that this rapidly growing E-Commerce network will enable established Stock Brokerage Firms, Certified Public Accountants, Financial Planners, Insurance Agents, Attorneys, and other financial intermediaries to provide value-added, on-line financial and estate planning products and services to their clients, at a reduced cost. Note: Safe Harbor Statement Securities Litigation Reform Act of 1995: This release contains forward- looking statements that are subject to risk and uncertainties, including, but not limited to, the impact of competition, new and untested products, uncertainty of revenues and earnings, fluctuations in stock price and liquidity, fluctuating operating results, and other risks detailed from time to time in the company filings with the Securities and Exchange Commission. CONTACT: Capital Media Group, Charlotte Clint Walker, 704/540-8138 info@capitalmediagroup.com capitalmediagroup.com or IBChannel.com Matthew Marcus, 949/442-8919 /CONTACT: Clint Walker of Capital Media Group Corporation, 704-540-8138, or info@capitalmediagroup.com , for Xpedian, Inc., or Matthew Marcus of IBChannel.com, 949-442-8919/ 15:20 EDT * end of story *