General Services Administration Selects WAM!NET to Host E-commerce Auction Platform

Business Wire, Oct 3, 2000

Commencing operations in 1995, WAM!NET has approximately 13,700 corporate end users of its e-services worldwide. WAM!NET services are available throughout North America, Europe, Japan and Australia. The company has strategic relationships with SGI, MCI WorldCom and Winstar Communications. For information on WAM!NET, call 800-611-9006, or visit the company's Web site at www.wamnet.com.

WAM!NET(R) is a registered trademark of WAM!NET Inc. All other trademarks are the property of their respective owners.

Certain information contained in this news release which does not relate to historical financial information may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties that could cause WAM!NET Inc.'s actual results in the future to differ materially from its historical results and those presently anticipated or projected. Among these factors are those set forth in the Company's filings with the Securities and Exchange Commission.