1st Net Technologies a Winner in `Best Companies to Work for in San Diego' Competition.

SAN DIEGO--(BUSINESS WIRE)--Dec. 1, 1999--

Rancho Bernardo Internet Technologies Firm One of Seven

Winners From a Field of Over 150 Total Entrants

1st Net Technologies (OTCBB:FNTT), an Internet Technologies firm based in Rancho Bernardo, was one of seven winners among a field of 24 finalists (in companies of 1-100 employees) honored in the `Best Companies to Work for in San Diego' awards program, held Nov. 19 at the Hilton Torrey Pines La Jolla.

In its inaugural year, the program is sponsored by the Ken Blanchard Companies and the San Diego Business Journal, and co-sponsored by San Diego Workforce Partnership and the Hilton La Jolla Torrey Pines. Over 150 San Diego companies in three categories (1-100 employees, 100-1000 employees, 1000+ employees) participated in this year's program.

Rather than reward companies on the criterion of size or annual revenue, the program recognizes companies that see employees as appreciable assets as well as those that create healthy environments where employees love to work. Companies competing for this year's honors were evaluated on the following criteria: culture; employee satisfaction; employability; fairness, equality, and diversity; communication; leadership; and business practices.

"Our selection as a winner among so many great companies is an honor," said Cliff Smith, president of 1st Net Technologies. "But at the same time, we're not that surprised, either. You only have to speak with the people at 1st Net to know that this honor affirms the value of the kind of healthy, positive work environment we cultivate. Rather than `rest on our laurels,' we'll continue to look for more ways to ensure employee and customer satisfaction."

For more information on the "Best Companies to Work for in San Diego" program, visit the Ken Blanchard Companies Web site at http://www.kenblanchardcompanies.com.

About 1st Net Technologies Inc.:

1st Net Technologies Inc. is a diversified Internet development, marketing, and holding company specializing in eMarketing, information management, and client/server-based software applications. The company owns and operates several financial investment portals and a financial online community Web site. 1st Net is publicly traded (OTCBB:FNTT) and located on the Web at http://www.1stnettech.com.

Note: News releases and other information on 1ST NET TECHNOLOGIES INC. can be accessed at http://www.1stnettech.com on the Internet.

The foregoing press release may include numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this press release relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.