CYNET Inc. Retains EquitiLink To Lead Comprehensive Investor Relations Campaign.

Business Editors

HOUSTON--(BUSINESS WIRE)--Feb. 12, 2001

CYNET, Inc. (OTCBB: CYNE), a leading provider of convergent messaging technology for businesses, today announced that it has selected Equitilink, LLC to direct its financial communications and shareholder relations campaign. The newly appointed IR firm will begin services on behalf of CYNET on February 12, 2001.

"We feel that our shareholders deserve the professional representation of a strong investor relations firm," said Vincent W. Beale Sr., chairman and CEO of CYNET. "We have interviewed and completed research on a number of investor relation firms and we believe that Equitilink will best enhance communications with our shareholders and the investment community."

"We've met with the management team of CYNET and understand their long-term business plans and growth strategies," said James J. Mahoney, managing director of Equitilink. "As a result of those meetings we believe the Company is currently undervalued in the market. We therefore, plan to increase the awareness of the Company within the investment community and thus help the Company achieve greater shareholder value."

As part of its line of ConvergentWare products and services, CYNET offers the CYPAQ expansion pack, which provides the Compaq (NYSE: CPQ) iPAQ Pocket PC with wireless voice and data communications capabilities. The CYPAQ is a bundled solution that includes CYNET's wireless Cell Phone/Modem, CYNET Dialer and CYNET Convergent Messaging software and services, enabling the iPAQ to serve as a wireless cell phone, to transmit and receive emails and faxes, and provide access to the Internet.

About CYNET

Headquartered in Houston, TX, CYNET, Inc. specializes in providing convergent messaging technology that simplifies business communications such as e-mail, fax and voice messaging. The company increases productivity for its customers by providing customized solutions that integrate dialer and messaging software, Internet applications and wireless tools. For more information, visit CYNET's Web site at www.cynetinc.com or call 1 [phone].

About EquitiLink

Equitilink LLC (www.equitilinkpr.com ), is a San Diego agency providing a variety of custom services for public companies seeking results-oriented investor relations programs. The Company assists public companies by improving their shareholder relations through professional, cost-effective public/investor relations strategies and specializes in working with small-cap and micro-cap companies. Equitilink helps its clients achieve fair market value by expanding public awareness and enhancing corporate image.

This press release may contain forward-looking statements with respect to operations, assumptions, the financial condition and future performance of the Company. Additional information on risk factors that could potentially have a material impact on the Company's operations and financial position, as well as risk factors relating to the management of the Company, is contained in the Company's filings with the Securities and Exchange Commission.