Accesspoint Announces the Election of Two New Members to the Board of Directors.

Business Editors

LOS ANGELES--(BUSINESS WIRE)--Feb. 4, 2003

Accesspoint Corporation (OTCBB:ASAP) reported that Messrs. Michael Savage and William Devore were unanimously elected to the Board of Directors on Tuesday, January 28, 2003. Mr. Savage fills the vacancy left by the resignation of Ms. Marcia Allen. Mr. Devore fills the vacancy left by the resignation of Mr. Greg Pinto. Both individuals will complete the unexpired portion of the terms of Ms. Allen and Mr. Pinto, respectively.

We are very excited that Messrs. Savage and Devore have agreed to join our Board of Directors. Mr. Savage has been the founder of more than 15 successful companies, including Capital Reserve Corporation of Los Angeles. He has extensive business experience in equipment leasing, technology and the development of new marketplaces. Mr. Savage is expected to focus his energies on the development of affinity cards for the Company. Mr. Devore is an international businessman focusing exclusively on China for more than 30 years. Mr. Devore provides trade financing for exports to North America from the Chinese marketplace. Mr. Devore intends to focus his energies in the development of international opportunities for the Company. The Company welcomes Messrs. Savage and Devore to the Board and looks forward to a brighter tomorrow with their help.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that certain statements in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors. Such uncertainties and risks include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.