Accesspoint Corp. Announces Investment Opinion.

ANAHEIM, Calif.--(BUSINESS WIRE)--Aug. 6, 1999--

Clarification of CSK Securities Research Report

Accesspoint Corp. (OTC BB:ASAP) Friday issued a clarification relating to their news release of Aug. 3, 1999 regarding a positive investment recommendation from the independent firm CSK Securities Research.

The material contained in the research report by CSK Securities Research (CSK) announced in the Accesspoint ("company") news release of Aug. 3, 1999, was derived from company reports and information among other sources.

Neither the company nor CSK represents that the research report contains all material facts. Further, CSK cannot and does not guarantee its accuracy. Because the principals of CSK may hold investment positions or receive financial benefits from share appreciation, financings or other activities involving the company, there can be no assurance of disinterestedness on the part of CSK or in the research report.

CSK received cash compensation in the amount of $7,500 for preparing the research report. The compensation was paid by an affiliate of the company.

The research report was intended for informational purposes only and should not be construed as being a recommendation either to buy or to sell the securities of the company. The news release of Aug. 3, 1999 should not be construed as a recommendation either to buy or to sell securities of the company.

The opinions and/or projections expressed in the research report are solely those of CSK and are subject to change. The projections contained in the news release of Aug. 3, 1999 are 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, as set forth in the Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 contained in the news release of Aug. 3, 1999. Such forward-looking statements involve unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements.

As set forth in the research report, the securities of the company may be speculative and may not be appropriate for all investors. Any projections contained in the research report assume certain economic and industry conditions and parameters subject to change.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. Such factors include, among others, the risk factors contained in the company's reports and filings made with Standard & Poor's. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. The company will remain dependent upon future financing for its growth and development, and for it to successfully implement its business plan. No statement contained herein should be construed as indicating that such financing is or will be available, and if available, will be on terms favorable to the company. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.