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To: Jeffrey L. Henken who wrote (568)	4/23/1999 9:37:00 AM
From: FFNEODOC	Respond to of 1567

Great News; Keeping up the PR makes me certain they are moving ahead with plans to move toward a NASDAQ listing. We have received confirmation from the company that the SEC 10 has been completed and is being reviewed by attorney's, awaiting the final audit of '98 and everything should be filed by early May. Then it's up to SEC & NASDAQ, but looks very promising. XNET is looking better all the time. Frank

To: Jeffrey L. Henken who wrote (568)	4/23/1999 10:04:00 AM
From: ksuave	Read Replies (1) \| Respond to of 1567

This is excellent EDUV news as well as XNET news. EDUVERSE and Internet Service Provider Xin Net Corporation Sign Agreement to Deliver freeENGLISH in China RENO, Nev.--(BUSINESS WIRE)--April 23, 1999--EDUVERSE(TM) Accelerated Learning Systems, Inc. (OTC BB: EDUV), a technology-based company focused on developing and marketing proprietary educational software products, specializing in English language instruction and Internet delivery, today announced the signing of an agreement with Chinese Internet Service Provider (ISP) Xin Net Corporation (OTC BB: XNET) to provide freeENGLISH instruction in China. ''China presents large and unique opportunities for freeENGLISH,'' stated Mark E. Bruk, President and CEO of EDUVERSE. ''In order for us to service emerging markets such as China, it is imperative that we provide the population with easy access to our products through domestic ISP partners. By leveraging the existing user bases of established ISP's that are poised for rapid growth in their markets, freeENGLISH gains global exposure quickly. Xin Net Corp. is a prime example of the type of ISP that complements our freeENGLISH mission in defining the educational model for the new millennium.'' ''There is a very large demand for English language instruction in China,'' explained Marc Hung, President of Xin Net Corp. ''EDUVERSE, with freeENGLISH, allows us to deliver a valuable service to our customer base while adding revenue and value to our ISP network. Xin Net's implementation of free quality education not only distinguishes us from our competitors - it becomes an integral part of our aggressive campaign to attract new subscribers.'' freeENGLISH is a premium English as a Second Language (ESL) computer program that teaches spoken English over the Internet. The program is completely free to use and generates revenue by displaying embedded advertising throughout the course content. In a 30 minute session, a user is exposed to 120 advertisements that rotate every 15 seconds. Advertisers pay an average of one penny per advertisement. An average user generates a $1.20 in gross revenue per session. With millions of Internet users in China, the daily revenue potential for freeENGLISH is impressive. Under the terms of the agreement, EDUVERSE will provide a localized Mandarin version of freeENGLISH to Xin Net Corp. for launch on June 1, 1999. Both companies will participate in marketing activities to attract new users to the Xin Net network and the freeENGLISH application. China is experiencing rapid Internet growth with over 2 million current users and is estimated to have over 10 million users by the end of the year 2000. About Xin Net Corp. Xin Net Corporation is an Internet Service Provider (ISP) and Internet Content Provider (ICP) in China that has attracted more than 20,0000 subscribers. The company has approximately 50 employees and at present its clients are located in Beijing and Shenyang (combined population of 26 million). Xin Net is currently offering a ''flea market'' E-Commerce product to its subscribers with over 10,000 items offered for sale. An expanded service will be made available during the second quarter of 1999, which will coincide with the start of new operations in Shanghai and Taiyuan (population 14 million and 8 million). Licenses have already been granted for these cities. About EDUVERSE Accelerated Learning Systems, Inc. EDUVERSE Accelerated Learning Systems, Inc. is a technology-based company focused on developing and marketing proprietary educational software products specializing in English language instruction and Internet delivery. EDUVERSE has combined three of the largest markets in the world - English language instruction, the Internet and advertising, resulting in an initiative called www.freeENGLISH.com. This initiative has redefined distance education and advertising on the Internet for the next millennium. The web site provides free English language instruction and activities while generating revenue through a unique proprietary advertising model. A recent British Council report states that over 1 billion people are currently studying English globally. In addition to providing leading-edge Internet educational solutions, EDUVERSE maintains a traditional software development and marketing mandate with its flagship product ENGLISH PRO - a software program with award-winning technology proven to teach spoken English up to 5 times quicker to anyone, regardless of their native tongue. ENGLISH PRO is available on computer store shelves, bookstores and through Internet resellers in North America, South America, Asia and Europe. Additional EDUVERSE products and services include TheGlobalStore.net and Eduversity.net web sites that generate revenue through product sales and corporate training. EDUVERSE Accelerated Learning Systems, Inc. is based in Reno, Nevada. For more information on the Company, call 775.332.3325 or visit the EDUVERSE Accelerated Learning Systems, Inc. web site at www.eduverse.com or email info@eduverse.com. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.

To: Jeffrey L. Henken who wrote (568)	4/23/1999 10:27:00 AM
From: Francois Goelo	Respond to of 1567

UCMP and Language Force release a break through in foreign language communication... UniComp Partners With LanguageForce for Distribution and Advertising Arrangement MARIETTA, Ga.--(BUSINESS WIRE)--April 23, 1999--UniComp, Inc. (NASDAQ:UCMP - news) today announced that they have an agreement with Southern California-based LanguageForce Inc., a worldwide market leader in the development of Internet communication technologies, products and services. Under the terms of the agreement, UniComp and LanguageForce will initially cross advertise their products with a hyper-link allowing the public to download UniComp's e-commerce Universal Payment Software www.thinkpos.com and LanguageForce's recently-launched UTStarGate(TM) www.utstargate.com for a 'test drive.' This new product incorporates the latest innovations of IBM ViaVoice(TM), Microsoft® Explorer(TM) and Universal Translator(TM) Technologies that allow Internet users to instantly communicate with anyone, anywhere in the world regardless of languages. During the next several weeks, UniComp and LanguageForce will collaborate on the integration of the powerful UTStarGate technology with UniComp's innovate suite of e-commerce Universal Payment and Processing Software developed for e-commerce merchants and traditional retailers. ''We have successfully marketed and supported our suite of sophisticated software solutions on a worldwide-basis for over 15 years and now, with the integration of LanguageForce with our e-commerce Universal Payment and Processing Software, we have added an overwhelming competitive advantage - the ability to provide our customers with the tools to market their products worldwide while we eliminate the language barrier and economically provide the end-to-end Internet payment verification and transaction processing solution,'' said UniComp president and CEO Stephen A. Hafer. ''The prospects are staggering,'' Hafer added. ''One world, one language, is our mission statement,'' commented LanguageForce CEO Ian S. Simpson. ''We believe UTStarGate can make this possible and UniComp, as a worldwide provider of innovative software solutions with more than 30,000 installations in over 55 countries, will provide an excellent example of the power and competitive advantage UTStarGate can provide companies like UniComp who are targeting the burgeoning number of merchants marketing to a very global e-commerce world.'' About UniComp UniComp, Inc. develops, markets and supports platform-migration, vertical market applications and e-commerce payment processing systems for Windows NT and UNIX-based computer systems and point of transaction processors worldwide. The Company licenses its technology to a cross section of industries including manufacturing, distribution, transportation, public-sector, point of sale and transaction processors. Additionally, the Company provides installation, training and systems integration, serving a worldwide network of end user customers, dealers and distributors. UniComp employs over 400 staff worldwide and has over 50 distributors internationally, with over 30,000 installations in more than 55 countries. Please visit our World Wide Web site at unicomp.com for further information on UniComp. About LanguageForce, Inc. LanguageForce, Inc. is an Internet technology developer specializing in language communication and translation solutions that enhance global e-commerce trade and communications. LanguageForce's corporate mission -- One world, one language - is encapsulated in its proprietary Universal Translator Technology(TM). The company's line of communication products includes UTStarGate(TM), Universal Translator(TM), Universal Translator Deluxe(TM), Universal OCR(TM), and Instant Language 2000(TM). LanguageForce's strategic distribution partners are IBM (NYSE:IBM - news), Microsoft (NASDAQ:MSFT - news) and AT&T (NYSE:T - news). This announcement contains forward looking statements and remarks relative revenue projections, distribution agreements, and financial performance which are subject to the risks and uncertainties described in reports filed from time to time with the SEC. These filings contain and identify important factors that could cause actual results to differ materially from those contained in our forward-looking statements. These factors include, but are not limited to, timely development and market acceptance of software products and solutions, upgrades to those and the impact of competitive products, solutions, pricing and the fact that the company's software license revenue can fluctuate from quarter to quarter as a result of various factors and conditions. -------------------------------------------------------------------------------- Contact: UniComp Inc., Marietta Robert Shaver, Senior Vice President 770/424-3684 Ext. 116 or Investor Relation Resources Marty Tullio or George Logan 949/376-4458 E-mail: mktullio@home.com --------------------------------------------------------------------------------

To: Jeffrey L. Henken who wrote (568)	4/23/1999 11:04:00 AM
From: Francois Goelo	Respond to of 1567

Jeffrey, excellent release. No hype, just well put together bullish information. FG

To: Jeffrey L. Henken who wrote (568)	4/24/1999 1:50:00 PM
From: Francois Goelo	Read Replies (3) \| Respond to of 1567

UPDATE on KYOM, based on e-mails received from Management... The final receipt of promised documents, consisting mainly of the resumes of the Company officers and an outline of what they plan to do, have put to rest some serious concerns I had. Since I post on my own thread and have made some recent successful recommendations in the field of Internet Asia, I have become more acutely aware of my responsibilities to potential investors. When researching Companies just past their embryonic stages, many important aspects remain unclear, entailing a lot of guess work. So, I have to be careful not to sound too pessimistic and cost investors some potential profits or too enthusiastic and be the indirect cause of some monetary loss. When in doubt, I will rather err on the side of prudence, as I have done so far in this case. 1) Management: The quality and integrity of Management is the key to the success of most Companies, more so when they are small and don't swim in cash. Mr Bruce Ransom, the CEO, has extensive experience in the financial and administrative services industry and has been a Director on the Board of several related Companies. I spoke to him on the phone a few time and he made a good impression. He is assisted by Brian Ransom with extensive experience in similar industries, Mr Yu Ning Wang who is the Business development officer and Marketing manager, Ed Lee, project manager in Guangzhou and Firoz Lakhani, manager on the Canada side. 2) Strategic partners: chengdunet.com This ISP has been established for 2 years, has 28 employees and is just reaching the profitable stage. It is managed by Mr Owen Li and sports a number of apparently well qualified personnel. 3) Strong points: + KYOM has been granted a License by Government to operate a Lottery in the Chengdu/Sichuan province that comprises some 100 Millions people. Chinese are not as used to playing Lottery as their American counterparts, however, as their disposable income increases steadily, it is likely they will be drawn to play in larger numbers. Revenue should grow rapidly, as KYOM receives 6% of the gross proceeds. + Financing is in place to purchase 200 Lottery kiosks. + KYOM plans to develop quality EBS and ISP services and expand in other cities: Beijing, Shanghai and Guangzhou. 4) EPS and valuation analysis: The CEO predicts EPS of 8 to 12 cents for 1999. Let's say an average of 10 cents. Such a Company in its earlier stages of development could reasonably command a PE ratio of between 30 and 50, giving us a potential price range of between $3.00 and $5.00. Until we get more tangible news, I would assume that $5.00 would fully value the Company. Anything more than that would be pure speculation. 5) Risks: There are the usual risks attached to developing OTC-BB listed Companies. I do not believe some information I have seen floating around, such as a $40 Millions equity or financing package, which doesn't appear necessary at this early stage; the float size which should safely be assumed to be around one third the total outstanding and the statement that the Company is already profitable, as it cannot possibly be at this stage. People might be confused with Chengdunet which is just past break-even point. 6) Conclusion: While there are definite risks in this investment, certainly more than for XNET, there are also some potential rewards. I have taken a sizeable initial position, as reported in a post on Internet Asia and have since increased it by one third. Disclaimer: Being long KYOM, my opinion is therefore biased and for my sole use. Anyone considering establishing a position should carry out extensive Due Diligence and only invest what they can afford to loose.<i/> Regards, F. Goelo + + +