ETI Corp. Announces Signing of Strategic Marketing LOI Between UC Hub Inc. and WOW Technologies Inc.

Business Editors/High-Tech Writers

CARSON CITY, Nev.--(BUSINESS WIRE)--June 27, 2003

ETI Corp. ("ETI"), a publicly traded company on the OTC BB (OTC BB:ETIX), which recently announced that it had entered into a Merger Agreement with United Communications Hub Inc., Rancho Cucamonga, Calif. ("UC Hub"), today announced that it had entered into an LOI with WOW Technologies Inc., Las Vegas, ("WOW") to negotiate a strategic marketing agreement with respect to WOW's unique cash card technology.

The WOW cash card technology, functions similarly to an ATM card yet allows for money transfers online, card to card and many other individual, community and business data transactions. The technology will become an integral component of UC HUB's strategic growth plan targeting medium to small populations ("Digital Cities") with fiber network infrastructures in place. These Digital Cities will be offered -- through UC HUB's wholly owned telecommunications subsidiary AllCom USA Inc. -- telecommunication services that are bundled with various applications (including, among others, health, education and entertainment applications) that are designed to integrate with a Digital Community Smart Card System.

Stan McMurray, COO of WOW is a founder of COSTCO. McMurray's exposure to retail marketing, distribution and card membership organizations will prove beneficial as UC HUB and WOW combine efforts to integrate the Smart Card System into target Digital Cities. WOW Founder and Chairman, Rick Willard, stated: "I believe strongly in this vision and believe we will be very successful as a result of our time honored history of success in card distribution." Willard was an original owner of one of the first highly successful pre-paid phone cards, Talk-N-Toss. The Talk-N-Toss card was subsequently sold to MCI WorldComm.

In addition, Willard further stated: "We believe and hope that the alliance with UC HUB will produce directed client acquisition which will complement the rate of return for both entities." WOW, a development-stage company, has been developing its cash card technology for the past four years and has only recently commenced marketing the technology.

UC HUB CEO and President, Larry Wilcox, stated: "This is the next cornerstone of the Digital Cities vision referred to as C.H.E.E. (Communications and Commerce, Health, Education and Entertainment); and combined with UC HUB's applications, patents and technology, we believe that the cash card technology will be a major commerce component."

Additionally, Wilcox stated that: "The widespread acceptance of this card -- and its keenly architected revenue sharing model -- make this the new `real time' cash card a creative and exciting fund raising tool for our Digital Cities." UC HUB plans to release these cards to a selected group of sales people as focus groups. Phase One will include 50-70 existing sales agents who will deploy sales, real time billing and collection that UC HUB and one of its subsidiaries will offer to the Digital Communities.

UC HUB is a telecommunications service with headquarters in Rancho Cucamonga. Wilcox has served as CEO and President since its inception in 1997. Wilcox is also a director of WOW since 1999. Consummation of a legally binding strategic marketing agreement is subject to negotiation and execution of definitive documentation and, therefore, cannot be assured at this time. Similarly, the closing of the pending merger between UC HUB ETIX is subject to regulatory approval, including a determination of fairness and issuance of a Permit by the California Commissioner of Corporations and certain other customary conditions; although steps to complete the merger are currently underway and are expected to be completed in approximately 90 days, there can be no assurance that the merger will be consummated.

This news release has been prepared by management of ETI Corp., who take full responsibility for its contents. The SEC has neither approved nor disapproved of the contents of this news release. This news release may include forward-looking statements within the meaning of Section 27a of the United States Securities Act of 1933, as amended, and Section 21e of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, development of project interests, the companies' analysis of opportunities in the acquisition, and certain other matters. These statements are made under the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1955 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein.