Adatom.com Announces Joint Venture With ShenZhen Bay Industrial, Education and Research Center; Internet Enabler Further Penetrates International Market for E-Commerce.

Business Editors/Technology Writers

MILPITAS, Calif.--(BUSINESS WIRE)--May 9, 2000

Adatom.com, Inc. (Nasdaq:ADTM) today announced it has established a joint venture agreement with the ShenZhen Bay Industrial, Education and Research Center (SBIERC) to develop and facilitate an electronic marketplace with China Hi-Tech Exchange Network and China IT Product Purchasing Net for international e-commerce. This electronic marketplace will provide information on products and business opportunities related to hi-tech products, electronics and information technology.

In addition to the e-commerce enablement, the cooperation will develop an online hi-tech education platform and will establish a venture capital fund to invest in the activation of Chinese hi-tech companies. Furthermore, a "Global Economic Network Forum" will be instituted to educate and inform on economic strategy development, industry orientation, new century network technology and human resources.

Located in South China, SBIERC is an elite high-tech industrial park that was founded by city government officials of ShenZhen - the leader in China for industrial products; the unparalleled management team at Peking University - the top University in China with a strong industrial sector; and Hong Kong Science and Technology University - the most westernized hi-tech University in China. SBIERC will work exclusively with Adatom and will contribute financial resources to enable the Company to establish an instant e-commerce presence for SBIERC.

Rich Barton, President and CEO of Adatom,Inc. stated, "This is the third major electronic marketplace agreement we have consummated in the last 60 days. We are moving rapidly and establishing new electronic channels of distribution which will be able to capitalize on the explosive growth expected in Asian and worldwide business to business e-commerce."

Fei Luo, Director of SBIERC added, "We are excited about the opportunity to work with Adatom.com of United States. ShenZhen is famous as the hi-tech city in China, dominant in the production of electronic and hi-tech products. And Adatom is a very reputable company with successful experience in B to C and B to B e-commerce. We are optimistic that the new Internet joint venture will create great opportunities in both importing and exporting between the United States and China."

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.