4net Software Receives $50,000 Break-Up Fee from NWT Inc

Business Wire,  Feb 25, 2003  

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Business Editors

RIDGEFIELD, Conn.--(BUSINESS WIRE)--Feb. 25, 2003

Today, 4net Software, Inc. (OTC BB: FNSI) announced that it received a break-up fee in the amount of $50,000.00 from NWT Inc. ("NWT") pursuant to the Letter of Intent, dated December 19, 2002 between 4net Software and NWT ("LOI"). In connection with the receipt of the break-up fee in the amount of $50,000.00 4net Software and NWT mutually agreed to terminate the LOI.

Contact Details

For information regarding 4net Software, please contact:

Steven N. Bronson, President

4net Software, Inc.

10 South Street, Suite 202

Ridgefield, Connecticut 06877

Telephone: (203) 894-9755

Fax: (203) 894-8990

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