Bridgeport Communications Acquires WealthHound.com, Inc.

MIAMI--(BUSINESS WIRE)--July 9, 1999--

Bridgeport Communications, Inc. (OTC BB:BPOT) announced today the signing of final contracts pursuant to its acquisition of 100% of the issued and outstanding shares of WealthHound.com, Inc. following due diligence performed by both companies.

In the days to follow, Bridgeport Communications, Inc. will carry out its earlier stated intention of changing the corporate name to WealthHound.com, Inc. and will apply for a new trading symbol.

WealthHound.com is a personal finance and wealth-building portal. The current beta version of the site employs proprietary search technology to give users access to information on companies, financial tools, services and market data. WealthHound's Research Center provides comprehensive access to many of the best information resources online. Future products will include stock quotes, charts, news, discussion on stocks, funds, and indices similar to Silicon Investor and CMGI Inc.'s (Nasdaq:CMGI) "Raging Bull."

What will distinguish WealthHound.com from Yahoo (Finance) (Nasdaq:YHOO), Microsoft Investor (Nasdaq:MSFT) and GoProfit.com (Nasdaq:DDEQ) will be a unique partnership program, already underway, featuring ventures in online trading, banking, home mortgages and life insurance. These are similar to services offered by E-Trade Group Inc. (Nasdaq:EGRP), Telebank Financial (Nasdaq:TBFC), and Netbank (Nasdaq:NTBK).

WealthHound.com Inc.'s web site is located at http://www.WealthHound.com.

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct.