BIFS Technologies Corporation Arranges Joint Venture Agreement Involving eCom eCom.com, Inc. and Orion Telecom Operating Corporation.

Business Editors/Technology Writers

SARASOTA, Fla.--(BUSINESS WIRE)--Aug. 28, 2001

BIFS Technologies Corporation (NQB:BIFT) announced today that as part of an established strategic alliance with eCom eCom.com, Inc. (OTCBB:ECEC), it has arranged for a collaborative business venture between eCom and Orion Telecom Operating Corporation (OTOC, a privately owned company). Under the agreement eCom and OTOC plan to integrate eCom's DryIce(tm) compression utility, along with various broadband wireless delivery systems, to achieve a comprehensive bundled services package that will provide high-speed Internet connectivity to selected markets throughout the U.S. and abroad. Pursuant to the mutual agreement between BIFS and eCom, both companies will share in the profits from the venture. BIFS Technologies Corporation will make available both its SWOMI wireless and TV+ Internet broadband systems as the wireless platforms that will provide Internet service delivery in support of the endeavor with Orion Telecom.

Al Keyser, Chairman and Chief Executive Officer of BIFS Technologies Corporation commented on the announcement by stating: "I am delighted by this arrangement between OTOC and eCom. The agreement facilitates a partnership arrangement that provides the necessary components to support the global deployment of all our advanced technologies and to broaden the market reach of all three companies. Throughout the past year, the three companies have intentionally refined their technological approaches to facilitate the cost effective deployment of broadband Internet services, mass storage, and data transfer and have deliberately developed a business model that is specifically designed to avoid the mistakes encountered by our competition. This fundamental approach, combined with the practice of selective deployment, and combining intellectual assets, we believe, assures the long-term viability of our companies, initiates a substantial recurring revenue stream for all three companies, and responsibly protects the investments of our shareholders. As we continue to carefully `build' our businesses over the years to come, we look forward to a rewarding and prosperous partnership between OTOC, eCom and BIFS."

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