To: stantheman who wrote (10643 ) 8/8/2000 12:08:39 PM From: im a survivor Read Replies (1) | Respond to of 10786 Information Architects Announces Debt-Free Company CHARLOTTE, N.C., Aug 7, 2000 (BUSINESS WIRE) -- Information Architects (iA) (NASDAQ: IARC chart, msgs), providers of XML-based dynamic aggregation and syndication solutions for driving eBusiness across the Net, announced today that it has completed its debt-reduction program, and the company is 100% debt-free. According to iA's Chief Financial Officer, J. Wayne Thomas, "This milestone successfully marks the completion of our debt-reduction program that we began last year. This is yet another step in positioning iA to be ready for explosive growth. Companies that are encumbered with debt cannot make decisions with the same speed and flexibility as unencumbered companies. Our debt-free balance sheet, combined with our recent filling of key management positions in Sales and Business Development, gives us an excellent platform to launch our growth campaign. We are very pleased with the rapid progress we have made and excited about the opportunities ahead." ABOUT INFORMATION ARCHITECTS Information Architects' SmartCode(R) products allow for the constant exchange of any content directly from any data source, and offers simultaneous access to multiple data sources from any location. SmartCode can syndicate to virtually any Internet device, such as wireless and palm technology, and interfaces with nearly every existing application. Without SmartCode, web-based businesses must create applications to collect data and maintain costly intermediary repositories to store the information from other sources. When that data changes at the source, the information stored in the database becomes outdated - and often inaccurate. But SmartCode continuously detects any changes in that information at the source, and retrieves only the data that has changed. This prevents the display of outdated information. SmartCode also eliminates the need for a user to leave a website through links to other sites that offer the information he or she needs. Instead, the data comes directly from the source, and SmartCode formats the information to conform with the feel and style of the original website, making the process "seamless" and the site itself "sticky" because the user never leaves the site. Further information about iA is available at ia.com . FORWARD LOOKING STATEMENTS