HotOffice® Enhances Service With Strategic Partnerships
More small businesses gain virtual office access through alliances with U S West, others

BOCA RATON, FL (May 8, 2000) - HotOffice.com, a leading application service provider (ASP) that offers a Web-based virtual office for small businesses and dispersed teams, has formed strategic alliances with six partners to reach new users with an unmatched range of business services. HotOffice.com has signed separate reciprocal distribution agreements with U S West, LiveCapital.com, OneCore.com, Peak.com, SherpaOnline.com and SkillsVillage.com.

Each of these partners has chosen to distribute HotOffice.com's award-winning suite of virtual office tools to complement its own products and services. Small business customers using these sites now have the ability to set up a free, private and comprehensive intranet through a link to HotOffice.com. Similarly, HotOffice.com users can benefit from these new value-added services through links in the HotOffice Business Center.

"We are very proud that these best-in-class online services have sought distribution partnerships with HotOffice to complement their small business offerings," said Mike Franz, chairman and CEO of HotOffice.com. "These agreements also support the HotOffice objective of providing the most comprehensive suite of business tools and services through strategic alliances."

In addition to the Business Center offerings, HotOffice.com customers have instant access to the core set of online collaboration tools, including Web-based e-mail, personal calendar, group scheduler, document management, contact manager, online conference rooms, bulletin boards and more. The alliances supplement the following areas of the HotOffice Business Center:

Communication
U S West ensures the critical connection to customers and vendors with high-speed voice/data access in the office. Offerings include wireless services, online phone directories and a Small Business Solutions Center.

Finance
LiveCapital.com is the leading business-to-business e-marketplace for small business financing. In just minutes, potential borrowers can apply and receive multiple offers for loans, lines of credit, equipment leases, and credit cards from more than 30 of the nation's best-known financial institutions, such as American Express, U.S. Bank, and Heller Financial.

OneCore.com provides financial management solutions that help small businesses and entrepreneurs save time and money. Through a single online account, companies can pay bills, manage payroll, process merchant activity, obtain credit, and more - while earning money market rates on cash balances.

Commerce
Peak.com, a business division of PeakSoft Multinet Corp. (CDNX PSK.V; OTC: BB PEAMF) is an Internet community that links small businesses with each other and provides the targeted original news, advice and resources they need. And Peak.com Business Solutions offers "best of the web" services like HotOffce.com to help these business communities save money, increase productivity and grow.

SherpaOnline.com is a virtual marketplace bringing together buyers and sellers through requests for quotes, auctions and classified ads. Business-to-business customers can join an industry-specific idea exchange to share information on trends and strategy, in addition to getting unlimited access to breaking news and editorial reviews.

Information
SkillsVillage.com is the leading Internet-based skills procurement platform, providing corporations with hosted solutions and services for skills sourcing, fulfillment and supplier network management. The site offers a network of skilled professionals and powerful resource management tools, including a unique contractor rating system, that integrates seamlessly into a company's existing infrastructure.

About the HotOffice Service
Designed to improve the way teams communicate and collaborate, the HotOffice service allows any team member to connect via a private intranet with colleagues and clients from any Internet connection. With document and contact management, e-mail, calendaring, and other tools, the HotOffice service helps teams maximize productivity with improved communications and real-time collaboration. HotOffice is available in both a free version, which is supported by ads, and an affordable monthly subscription service.

About HotOffice.com
HotOffice.com aims to maximize the productivity potential of the Internet for small businesses and teams through smart and secure Web-based teamware tools. To help small businesses thrive in the digital economy, HotOffice.com has partnered with Staples and other innovative companies to offer special packages of solutions and services specifically designed to meet the needs of small businesses and teams. HotOffice has received the PC Magazine Editors' Choice Award two years in a row, a "Four Star Award" by PC Computing, and was listed as the Best Small Office Internet Solution in the Gadget Guru's "Guide to the Best." Based in Boca Raton, Fla., HotOffice.com is funded in part by Intel Corporation, Staples Inc. and TBG Information Investors, a partnership of Blumenstein/ Thorne Information Partners and GS Capital Partners II, an affiliate of Goldman Sachs Group.

HotOffice, the HotOffice logo, and the tagline "Anytime Anywhere Officing" are trademarks or registered trademarks of HotOffice Technologies, Inc.