Adatom.com Announces $150 Million Initiative With China Product Trade Net Center.

Business Editors

MILPITAS, Calif.--(BUSINESS WIRE)--Aug. 7, 2000

Adatom.com (Nasdaq:ADTM), a fast growing creator of electronic marketplaces, today announced it has been selected as an exclusive agent by the China Product Trade Net Center (CPTNC), to obtain a turn-key operation including equipment, technology and training for the implementation of fiber optics production in China at an estimated cost of $150,000,000 (150 million dollars) U.S.

The CPTNC, located in Beijing, is an organization officially launched in 1997 with the support of several Chinese governmental and private institutions to enable increased sales and ensure systematic and efficient worldwide distribution of Chinese manufactured goods. The CPTNC initiative covers both consumer and industrial goods and aims to use Internet technology as its primary information and distribution medium. Adatom and the CPTNC are presently in the process of implementing an electronic marketplace for the bi-directional flow of goods and services between China and the United States.

Liang Xi, President of the CPTNC, stated, "The CPTNC is very confident and enthusiastic about Adatom's relationships with its respective Chinese governmental joint venture partners. Therefore we have decided Adatom is the appropriate private foreign entity to bestow this agency upon."

Rich Barton, President, CEO and Chairman for Adatom.com, added, "Adatom is very pleased with the relationship and mutual opportunities we continue to realize with our Chinese governmental partners. We are not only seeking to capitalize on network commerce enabled by technology and the Internet, but also cooperating on near term opportunities as our two economies further interact."

About Adatom.com, Inc.

Adatom.com, Inc. (Nasdaq:ADTM) is a fast growing creator of electronic marketplaces worldwide, enabling the most direct interfaces between buyers and sellers. Currently, these marketplaces range from an Internet superstore (www.adatom.com) in the United States to an evolving global network connecting the China marketplace to the world. Adatom has substantial relationships in China, including strategic partnerships with the China Product Trade Net Center, the Yangling Agricultural Hitech Zone, ShenZhen Bay Industrial, Education and Research Center and the China Federation of Industrial Economics. Adatom's Internet superstore (www.adatom.com) offers more than three million items for the home, the individual and the office with a comprehensive mix of name brand products in 29 product categories. Adatom.com also provides branded e-Commerce solutions to other online retailers through its proprietary e-Commerce Solution Program (ESP) based on a turnkey model of Web site enablement, customer service and fulfillment.

Statements in this news release that are not descriptions of historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expect," "intends," "believes," "plans," "anticipates" and "likely" also identify forward-looking statements. All forward-looking statements are based on current facts and analyses. Actual results may differ materially from those currently anticipated due to a number of factors including, but not limited to history of operating losses, anticipated future losses, competition, future capital needs, the need for market acceptance, dependence upon third parties, disruption of vital infrastructure and intellectual property rights. All forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Additional information on factors that may affect the business and financial results of the Company can be found in filings of the Company with the Securities and Exchange Commission.