PC World Lauds eWAN Multi-Media Set-Top Box; DMC 200 Merges PC, Home Audio Player, Media Storage Device, Residential Internet Gateway, and Telephone

Business Wire, May 17, 2004

Business Editors/High-Tech Writers

SANTA ANA, Calif.--(BUSINESS WIRE)--May 17, 2004

eWAN 1, Inc. (Pink Sheets:EWAN) received a laudatory review of its proprietary Digital Media Center, a new generation of media system combining the functions of set-top box, personal computer, home audio, media storage, DVD player, residential gateway, personal video recorder and telephone in a single, easy to use platform in the current (May 13, 2004) issue of PC World magazine. A unique function of the DMC 200 is Triple Play, which allows for voice, video and data.

Agam Shah of IDG News Service writes: "It merges cable TV, Internet access, and gaming in such a way that its mix-and-match capabilities make it a versatile addition to the home. The same Cocom remote that you use to surf channels can be used to surf the Internet. Attaching a telephone wire can connect the box to the Internet via DSL, and a headset gives it Voice over IP capability. Furthermore, attaching an optional camera converts it into a videoconferencing box. With a broadband connection, it can receive TV programs off the Internet or any IP-based network."

Dwayne Sapp, Cocom sales and integration manager, says, "Our technology supports both IP-based phone service, which cable companies are offering, and video-based entertainment service, being supplied by phone companies, plus MPEG-4 coming in."

The DMC 200 runs Windows CE .Net Embedded and Windows XP Embedded with basic browsing (Internet Explorer 6.0), e-mail (Embedded Outlook Express), messaging (MSN Messenger) and multimedia (Windows Media Player) capabilities. The DMC 300, Cocom's next model, will have an integrated hard drive and a personal video recorder.

eWAN recently announced that it will install, operate and maintain a wireless high-speed Internet service network deploying the latest in 802.11/Wi-Fi technology in Los Angeles' historic Little Tokyo district.

Wireless Fidelity (Wi-Fi) is a high-speed, completely wireless alternative to DSL and dial-up Internet, available in all outdoor areas throughout the designated zone. Pricing for the service will be comparable to wire line broadband access alternatives with a variety of service plans.

William J. Kettle, CEO of eWAN, commented, "It's rewarding to be recognized by one's peers in the technology universe. We are pleased that PC World magazine, a leader in tech reporting, sees such value in our product."

About eWAN 1, Inc.

Specializing in broadband network solutions including high-speed Internet access, data, gaming, voice and video services, eWAN utilizes the most advanced network design and architecture in the industry, based on building its telecommunications network "on top" of major metropolitan fiber optic interconnection points within class 'A' carrier facilities, and by incorporating the fastest, most reliable, redundant and scalable hardware available. At present, eWAN is the only midsize ISP offering "wire-speed" networking in every device, at every access point.

About Chuckanut Capital

Chuckanut Capital Group, Ltd. is a private funding group that invests into public and private companies via equity and debt. Chuckanut's strategy involves providing low interest debt, which is serviced by the equity rounds. The client is thereby able to exercise its business plan from the debt without risk of default. Once the client becomes profitable, the debt becomes an asset, providing the client with a credit rating, increased market valuation, while proving the client's business model. The company may then remove the debt through an equity offering at a higher price with less dilution to the shareholders.

Forward-Looking Statements

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