Artmovement to Take Equity Stake in AsianMLS Ltd.

Business Editors & High-Tech Writers

HOUSTON--(BUSINESS WIRE)--Sept. 27, 2000

Berens Industries Inc. (OTCBB:BEII) announced that it would acquire a majority interest in AsianMLS Ltd. ( www.asianmls.com ). BEII's software development subsidiary, Artmovement Inc., had earlier this month signed a contract to develop and design Asia's first Multiple Listing Service for Hong Kong-based AsianMLS Ltd. Artmovement's leading edge advanced Streaming Applications Server(TM) software technology is designed to provide an ASP-based network of instantly downloadable, software applications. For a small monthly fee, a realtor can be online instantly showing his listings worldwide and link them to a master community database where he can share referrals and revenues.

"We felt that by acquiring an ownership interest in AsianMLS, BEII would benefit more than just selling them licensing rights," stated Marc I. Berens, CEO. "BEII will contribute its management team and technical skills to insure the timely launch and future successful operations of this very advanced business model. We are already negotiating with several Asian banks, mortgage and title companies and additional providers who would like to provide ancillary services to AMLS customers."

BEII estimates that in the first year, Streaming Realtor(TM) has the potential to generate $3-5 million in subscriber fees. Artmovement estimates that there are approximately 2-3 million realtors worldwide who could benefit from Streaming Realtor generating a potential market of approximately $5-7 billion in annual subscriber fees. AMLS will open for business in Indonesia with 130 corporate members, 3,000 individual realtors and 15,000 listings valued at approximately $600 million. Streaming Realtor, expected to be rolled out in the first quarter of 2001, will provide realtors, both domestic and internationally with the ability to create their own instant Private Label Listing Center which can be launched from their own corporate or individual Web site.

About Berens Industries Inc.

Through its wholly-owned subsidiaries, Artmovement and BEII.Net, Berens Industries is pioneering the development of streaming application servers that are deployable as rent-based software solutions hosted and co-marketed by leaders in the Application Service Provider (ASP) industry (e.g,. Navisite and Interliant). Our product lines provide bundled packages of managed servers, global connectivity, scaleable bandwidth, applications, and transactional systems-everything required of eCommerce. These streaming application servers provide "tenant" licensing for businesses and "landlord" licensing for Web developers and ASP hosts. Our ongoing research and development is being conducted in collaboration with leading ASPs and software developers to deliver streaming application servers that bind relational databases and transactional systems with interactive streaming media.

This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.