For Immediate Release

iTOOL Technologies Changes Name to iTOOL.COM

(Scottsdale, AZ) - June 25, 1999 -- iTOOL Technologies whose premier
product, is iTOOL, a comprehensive "build-it-yourself" e-commerce web
site creation tool and hosting service, today announced that it has
officially changed its name to iTOOL.COM. In addition, iTOOL has
changed from an Arizona Limited Liability Company to a Delaware
Corporation.

Chris Spinella, President and CEO iTOOL.COM, says "This change of
name more accurately reflects our core business since we are a
web-based company focussing on e-commerce enabled web site
development and hosting tools."

Located at (http://www.itool.com/)www.itool.com, this complete
business solution features a diverse set of tools that can
accommodate novice PC and Internet users as well as the most
experienced developers.

iTOOL.COM's target market includes small to medium sized businesses
wishing to plug into the burgeoning web-driven e-commerce marketplace.

On January 1, 1999, iTOOL.COM completed a five-month product beta
test and began marketing iTOOL through various Internet-market
channels including Resellers. Because of iTOOL's simplicity and
power, many first-time end users as well as advanced web developers
have chosen iTOOL as their complete web site development solution.
iTOOL also provides a private-label license version of its
proprietary system to companies including Merchant Banks, ISP's,
Portal Sites and Telco's.

iTOOL.COM's mission is about visualizing the future of web
development and offering the most complete and advanced set of
Internet tools that provide everyday business solutions. iTOOL was
developed by APPS Software, a custom software development company
focused primarily on Internet software applications.
Press Contact: Susan Assadi
Assadi Associates
Tel: 480-860-8792
assadi@itool.com