[2] GTrade.Network, Inc. Files Form 10 Registration To Become Fully Reporting.

GREAT RIVER, N.Y.--(BUSINESS WIRE)--Nov. 10, 1999--

GTrade.Network, Inc. (OTCBB:GTRD) announced today that it has completed the filing of its initial Form 10 registration with the Securities and Exchange Commission, pursuant to Section 12(g) of the Securities Exchange Act of 1934, to become a reporting company.

The filing will be available on EDGAR Online.

According to Ralph Fasano, president of GTrade.Network, Inc., "Our goal is to trade on the NASDAQ Small Cap market as soon as possible. Getting final approval for our Form 10 registration is the first major step in that direction."

GTrade.Network, Inc. is a closely held Delaware corporation that incubates high-growth potential companies involved in the business of e-commerce, or development of e-commerce and Internet-related software. GTrade's goal is the eventual "spin-off" of its subsidiaries through merger, acquisition or initial public offering (IPO).

This press release contains certain forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

Such forward-looking statements are based on the beliefs of the Company's management as well as on assumptions made by and information currently available to the Company at the time such statements were made. Actual results could differ materially from those included in such forward-looking statements.