2-Infinity.com Announces First Quarter 2000 Revenues.

Business Editors & High-Tech Writers

HOUSTON--(BUSINESS WIRE)--May 12, 2000

2-Infinity.com (OTC BB:TWIC) an emerging bundled digital services provider, announced today its results (as reported on form 10-QSB) for the first quarter ended March 31, 2000. 2-Infinity, formerly Lakota Technologies, has shed its incubator model and is focused exclusively on its revised business strategy to expand into the commercial business-to-business (B2B) high-speed Internet market. The digital bundled services include DSL (Digital Subscriber Line, VoDSL (Voice over DSL), and VPN (Virtual Private Networking).

For the first quarter, 2-Infinity, a development stage company, is pleased to announce total revenues of $150,129, compared to a recorded zero revenues in the first quarter of 1999.

2-Infinity recorded a net loss of ($2,391,283) or ($0.04) per share (basic and diluted) for the quarter, compared to a total net loss of ($266,418) or ($0.01) per share (basic and diluted) in the first quarter of 1999. The latest quarter's loss is primarily attributed to the ongoing development stage activities of the Company, building a leadership team, operational infrastructure and marketing plan. 2-Infinity is targeting small to middle market commercial customers with their digital bundled services.

In May, 2-Infinity has added 10 sales professionals to its marketing and sales department. In addition, to accommodate the fast paced growth, the Company has increased its facilities to 13,000 square feet located at 4828 Loop Central Drive, 1st Floor, Houston, TX 77081.

2-Infinity recently retained new auditors, Mann Frankfort Stein & Lipp, the sixth largest auditing firm in Houston. "We are pleased to have them on board to assist us with our high growth business model. Mann Frankfort Stein & Lipp is a highly qualified and experienced accounting firm founded in 1971," says Kelly Nispel, Chief Financial Officer of 2-Infninity.

2-Infinity is progressing towards its goal of trading on the National market, NASDAQ. As announced in the 10Q, the Company is exiting the oil and gas activities and is focused on implementing its new strategy. Now that we are focused on our new strategy of Business-to-Business sales of Digital Bundled Services, and have begun to generate revenues, it is only a matter of time before we will trade on the NASDAQ, stated Majed Jalali, CEO of 2-Infinity.

Cody Morgan, COO of 2-Infinity comments, "By June 1st we expect to have 16 professional sales staff in Houston, marketing our Digital Bundled Services. By the end of this year that number will increase to 64 and include 3 additional markets. Our strategy of providing quality service and performance guarantees for DSL and value added services, such as Voice over DSL and Virtual Private Networking, is uncommon in the industry. This strategy will position 2-Infinity along side other Integrated Communication Providers."

Other material events from the quarter included investing in the procurement of a CLEC (competitive local exchange carrier) license. 2-Infinity.com's CLEC license provides the company full access to Southwestern Bell's (NYSE:DSW) - SBC Communications company (NYSE:SBC) wide-reaching existing telephone line infrastructure.

Additional companies established as CLECs include U.S. LEC Corp. (Nasdaq:CLEC), Nextlink Communications (Nasdaq:NXLT), Time Warner Telecom (Nasdaq:TWTC), Northpoint Communications (Nasdaq:NPNT) and GTE (NYSE:GTE).

Additional companies focused on DSL services include Northpoint Communications (Nasdaq:NPNT), Covad Communications (Nasdaq:COVD), Rhythms NetCommunications (Nasdaq:RTHM), mPhase Technologies Inc. (OTC BB:XDSL) and DSL.net (Nasdaq:DSLN). Traditional telecommunications companies that are offering or planning to offer high-speed services in the future Bell Atlantic (NYSE:BEL), Excite At Home (Nasdaq:ATHM) and US West (NYSE:USW).

The statements made by 2-Infinity.com, Inc. (2-I) may be forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. This information is not a recommendation to buy or sell securities of 2-I. The statements and opinions presented are the views of 2-I. 2-I believes that all information in this release has been obtained from sources considered reliable, but cannot guarantee that the statements presented herein are accurate or complete. Important risk factors that could cause actual results to differ materially from the expectations reflected in any forward-looking statement herein include among other things: (1) the ability of the company to quickly penetrate the market with its current method of technology against larger, well-financed competitors within the marketplace; (2) the ability of the company to generate revenues is substantially dependent upon continued growth in the use of the internet and the infrastructure for providing internet access and carrying internet traffic; (3) the ability of the company to attract and retain key officers, knowledgeable sales and marketing personnel and highly trained technical personnel; (4) to the extent that our activities or third-party contractors involve the storage and transmission of proprietary information, such as credit card numbers, or personal data information, the ability of the company to reduce exposure to a risk of loss or litigation and possible liability; (5) the ability of the company to minimize expenses and exposures related to oil and gas properties in which other companies have control over the manner in which operations are conducted on such properties, including compliance with safety and environmental standards; (6) the ability of the company to obtain additional financing from public and private equity markets to fund operations and future growth; and (7) the ability of the company to generate revenues to cover operating losses and position the company to achieve positive cash flow.