To: Joe Copia who wrote (24645 ) 5/28/2002 9:48:10 AM From: Joe Copia Read Replies (1) | Respond to of 25711 bCard Penetrates High-End Corporate Event Management Industry SALT LAKE CITY, UT, May 23, 2002 (INTERNET WIRE via COMTEX) -- bCard, Inc., a subsidiary of PrimeHoldings.com, Inc. (OTC: PRIM), today announced that it is expanding beyond traditional trade show venues and is successfully penetrating the high-end corporate event management industry. bCard is capitalizing on an ongoing trend by major corporations to host their own corporate events. These corporations seek event-planning and management technology that enables them to identify and better serve the needs of their attendees. bCard manages digital identification networks that allow its clients to collect data from attendees via handheld, PC-based smart card readers. "Many of the companies that host their own events want to control their own corporate message and to instill a strong sense of branding among its attendees," said Ivan Lazarev, President and CEO of bCard. "We are constantly enhancing our technology to help our clients maximize their return on corporate events." bCard's solution has been deployed at major venues in the United States, Europe, Australia, and Latin America, including corporate events for Cisco Systems and Compaq, which recently merged with Hewlett-Packard. The Company is seeing an increase in the number of new clients, especially in the rebounding technology sector. About bCard, Inc. bCard, Inc, a subsidiary of PrimeHoldings.com, Inc., is a leading provider of smart card information management systems. bCard has developed and successfully popularized a universal digital identity platform for tradeshows, events and meetings. Since inception, bCard has distributed and opened nearly one million bCard accounts, has produced in excess of 750,000 physical bCard smart cards for account holders, and has run marketing applications for more than 10,000 tradeshow exhibitors. Please direct all product and media inquiries to Ivan Lazarev at (301) 654-3779 or visit the website at www.bcard.net. About PrimeHoldings.com PrimeHoldings.com is a technology-oriented holding company that seeks to introduce and bring to market new e-commerce applications and business solutions. The Company is composed of subsidiary operations, bCard.net, (www.bcard.net) a leading provider of smart-card information management systems for corporate clients in marketing and promotions, and TimeMarker, Inc., developer of a scalable Internet exchange platform that uses wireless devices to provide clients with an efficient means of selling time perishable inventory. PrimeHoldings is traded over-the-counter under the ticker symbol "PRIM". This news release may include statements which constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Please be cautioned that any such forward-looking statements are not guarantees of future performance and involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a results of any number of factors, including the risk factors contained in the Company's disclosure documents. CONTACT: Allison Hague PrimeHoldings.com 801-562-1444