BIFS Technologies Corporation Grants ``Last Mile Solutions'' Licenses to Beach Access.Net, Inc.

Business Editors/Technology Writers

SARASOTA, Fla.--(BUSINESS WIRE)--May 23, 2002

BIFS Technologies Corporation (NQB:BIFT) today issued an announcement that it has licensed the TV+ Internet (TM) Split-Signal Last Mile (SSLM) solution, emerging 802.11 technologies along with its 2.4 Ghz 802.11b to Beach Access.Net Inc. Beach Access will now be offering all last mile solution technologies domestically and internationally, under the brand name SWOMI(TM), increasing the speed and connectivity to include broadband Internet and other advanced capabilities.

The company reported that the combination of these "last mile solutions" will provide customers with a significant improvement in Internet connectivity capability and will create a consolidated infrastructure to support the deployment of local and wide area networks in targeted geographic markets. The aggregate of these technologies will provide both up channel and down channel data transmission and will be designated under the brand name SWOMI(TM). With the addition of these new features, Beach Access can now provide a wide range of Broadband Wireless Access (BWA) products and services built upon point-to-point (PTP) and point-to-multipoint (PMP) architectures. The new SWOMI(TM) family of products offer, not only cost effective PTP connectivity, but with the inclusion of SSLM can now provide flexible point-to-multipoint configurations.

According to company Chairman Al Keyser, this endeavor, "Seeks to combine several of the technologies developed by the company, along with selected industry standard technologies, into an integrated up-channel and down-channel telecommunications delivery system that has the ability to provide flexible connectivity that is not only scalable based on customer need, but which is deployable in under-serviced areas at an affordable (cost-per-customer connection) ratio." Keyser went on to say that "With the SWOMI(TM) infrastructure, which now includes our nationwide dial up ISP service, our TV+ Internet digital television wireless transmission capability, and selected 802.11 technologies to support isolated area network development, the company can provide high penetration mid-range support for up-channel return path data transmissions, and when combined with certain compression and encryption software, the company believes that it has fully achieved its objectives of building a dynamic and flexible infrastructure deployment methodology."

In his concluding remarks, Keyser said, "The people at BIFS Technologies Corporation continue to maintain their strong commitment to building a solid and diverse corporation, to forging alliances and partnerships that afford growth, and also remain focused on the goal of developing a profitable long term business. In my opinion, the company has made remarkable progress during the past year despite a weakened national economy."