ANTs CEO Comments on Business Plan and Approaching Tests of Software.

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Nov. 9, 1999--

Frederick D. Pettit, president and chief executive officer of ANTs SOFTWARE.COM (OTCBB:ANTS), Tuesday stated that for the first time in the company's history, it was releasing important extracts from its business plan to the public by posting these extracts on its Web site, www.antssoftware.com.

Pettit said: "In our last few press releases, we have given the public a glimpse of our recently revised business plan and the new strategies which it represents. However, the format and purpose of a press release is quite limiting and subject to editing or total disregard by the media. So the issuer is never sure what the investor actually had a chance to read.

"Among its many benefits, the Internet is also helping to meet the investor's need for better information availability about a rapidly changing company such as ours. We will be using our Web site to keep the public better informed about our evolving plans and opportunities.

"Doing this via the Internet brings with it the added advantage of compliance with relevant securities regulations regarding simultaneous release of information."

ANTs' newly released Web-site information, Pettit pointed out, "goes further than anything we have said about benchmark testing in the past. It discloses that by year-end 1999, we expect to interface our software with the key modules of the general ledger turnkey application of a leading ASP (`applications service provider').

"Within several weeks of concluding this interface, we plan for an independent third party to conduct a benchmark test of a standardized data set running without and with ANTs. The test will be run on hardware that provides no customized or special advantages to ANTs."

Pettit said: "We expect that the version interfaced with ANTs will complete its work approximately three orders of magnitude (1,000 times) faster than the version without ANTs. For example, if the version without ANTs were to complete its work in one hour and 23 minutes, the version with ANTs would be expected to complete its work in less than five seconds."

By way of background, Pettit said: "We have done several tests on a smaller scale over the past year or so, all of which are consistent with the orders-of-magnitude improvement described in the above example. Therefore, we are approaching our benchmark tests with a strong sense of confidence. However, to paraphrase Yogi Berra, it ain't certain until it's certain."

When asked to comment on the commercial significance of such improvements in speed of execution, Pettit said, "An ANTs Web-site visit should really help visitors to better appreciate the benefits that would result from radical improvements in computing task- execution speed."

Pettit concluded by saying: "The markets we are addressing are huge and growing rapidly. Saving a lot of time soundly always saves a lot of the money involved, and the money involved is large in this case.

"Furthermore, our technologies are also expected to open opportunities for much, much more in customer service than just speeding things up and making them cheaper. Our new Web-site document has a lot to say about these quality-of-service opportunities as well."

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "act"). In particular, when used in the preceding discussion, the words "plan," confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward- looking statements within the meaning of the act and are subject to the safe harbor created by the act. Such statements are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include but are not limited to market conditions, competitive factors, the ability to successfully complete additional financings, and other risks.