Adatom.com Announces Joint Venture With China Federation of Industrial Economics.

Business Editors

MILPITAS, Calif.--(BUSINESS WIRE)--May 30, 2000

Electronic Marketplace Enabler Establishes Fourth New Channel

of Distribution Between the U.S. and China

Adatom.com, Inc. (Nasdaq:ADTM) today announced it has established a joint venture agreement with China Federation of Industrial Economics (CFIE), Adatom's fourth joint venture with a Chinese organization, to establish and develop an electronic marketplace for a marketing, sales and distribution system between China and the U.S. The integrated system will appear in both English and Chinese.

CFIE is a national organization that oversees and coordinates all Chinese trade associations. The network consists of hundreds of trading associations such as the Electronic Association of China, The Chinese Textile Association and the Chinese Toy Manufacturers Associations, etc. from various industries and offers the best product prices on the market. CFIE is expecting to enlist 50,000 members for Adatom in its first year and 100,000 the following year. China Telecom and China Broadcasting will participate.

Rich Barton, President and Chief Executive Officer for Adatom.com, stated, "This is Adatom's fourth electronic marketplace agreement with a Chinese enterprise this year. With the recent passing of Permanent Normal Trade Relations for China and the explosive B2B e-commerce growth expected in that region this year, we are positioned to benefit."

Lai GuangXian, Director of Commission of Information of CFIE, stated, "We are excited about the opportunity to team with Adatom.com, Inc. of the United States. CFIE is unique as a national organization. We coordinate all Chinese trade associations and most of the large companies in China are members. This huge network can create great opportunities in imports and exports for both countries by working with Adatom, a very reputable company with successful experience in e-commerce."

About Adatom.com, Inc.

Adatom.com, Inc. is a fast growing, e-commerce company, which offers over three million items for the home, individual and office and provides e-tailing solutions for other businesses. By leveraging its proprietary e-commerce infrastructure and efficient distribution system, the Company reaches both the business-to-business market with E-Commerce Solution Program (AESP) and the business-to-consumer capabilities to reduce operating costs and provide price savings and increased customer service for consumers. Adatom.com provides a comprehensive product mix of name brand products in 29 product categories.

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.