Boundless Corporation Responds to Recent Decline in Its Stock Price.

Business Editors

HAUPPAUGE, NY--(BUSINESS WIRE)--May 19, 2000

Boundless Corporation (AMEX: BND) today responded to the recent decline in its stock price, which it believes is a reaction to the report of its first quarter results.

J. Gerald Combs, Chairman and Chief Executive Officer of Boundless Corporation stated, "Numbers sometimes do not present an accurate picture. While our operating results for the first quarter of 2000 were adversely affected by the required investment in our two new subsidiaries, we believe that these investments will bear both short and long term benefits to Boundless and its shareholders by providing significant growth opportunities in both the internet appliance and contract manufacturing markets. Recent improved sales activity suggests that prior Y2K concerns, which negatively affected first quarter results, is not continuing."

Mr. Combs continued: "Our optimism about our future is based in part on the following:

Boundless' gross revenues have rebounded from first quarter levels and, based upon sales to date, second quarter performance should show substantial improvement with gross profit margins of our core business at historic levels;

We have retained Wells Fargo Bank and SPP Capital Partners, LLC as financial advisors to Merinta in connection with the structuring and negotiation of an equity private placement for Merinta, to finance Merinta's anticipated future working capital requirements, relieving Boundless of future funding obligations;

Merinta has entered into written Memorandum's of Understanding with major national and international computer and Internet appliance manufacturers and solution providers to license Merinta's software. The Company is pleased with these third party validations of its Internet appliance solutions. Final agreements are in negotiation and specifics will be the subject of future press releases once the details are finalized."

ABOUT BOUNDLESS

Boundless is a global technology company with over $80 million in annual revenue focused on developing, manufacturing and distributing hardware and software products that make accessing information on the Internet and centralized servers easy, fast and cost-effective. Core competencies include state-of-the-art ISO 9002 manufacturing facilities, build-to-order, same day shipping and customer specific customizations. Boundless offers in-house engineering expertise and an extensive design library to significantly decrease time-to-market for OEM customers, which include Lucent Technologies, IBM, Wang Global, NCR, the Tandem and Digital Divisions of Compaq Computer, Hewlett-Packard and Stratus Computer.

Merinta, Inc. (www.merinta.com), headquartered in Austin, TX, provides industry-standard software that powers and manages Internet Appliances. The iBrow(tm) Solution is an end-to-end software platform positioned to offer end-users an easy, enjoyable and visually rich Internet browsing experience while providing companies with a revolutionary way to market and grow online business. IBrow(tm) Solution software is hardware-and O/S-independent and is the most flexible IA platform on the market. Merinta is a subsidiary of Boundless Corporation (AMEX: BND).

Boundless Manufacturing Services is an emerging EMS company providing build-to-order (BTO) manufacturing as well as a complete end-to-end solutions from design through product end-of-life to its customers. Headquartered in Hauppauge, New York engineering capabilities are found there and in Austin, Texas. Additional sales and distribution offices can be found throughout North American, Latin America, Europe, Asia and Australia. For more information, visit the Boundless web site at http://www.boundless.com, or call 1/800-231-5445.

Editors: All company/product names and service marks may be trademarks or registered trademarks of their respective companies.

Except of the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission.