I-Transaction.net Inc. Retains the Services of Montreal Based IR Firm, Renmark Financial.

Business Editors

TORONTO--(BUSINESS WIRE)--Jan. 9, 2001

I-Transaction.net (OTCBB:ITNI)

I-TRANSACTION.NET INC. (OTCBB:ITNI) is pleased to announce that it has recently retained the services of Renmark Financial Communications. "Renmark" is an established "IR" Firm located in Montreal, Quebec, Canada.

Renmark will be responsible for the timely dissemination of information to shareholders and investors as well as broadening the audience for the company's story through e-mail blasts, road shows and general shareholder relations.

Mr. Tom Weisner, C.E.O, I-Transaction.net Inc. commented as follows: "We are very pleased to have retained the services of Renmark Financial Communications, a full-service Investor Relations firm which will ensure every element in the development and execution of a successful investor relations program. We are confidant that 'Renmark' will achieve the corporate exposure required within the financial community." He added, "We are also signing Renmark at a very exciting time for the company and believe that the integration of solid management as well as investor relations will be a huge factor in our success."

I-Transaction.net through its subsidiaries develops advanced business applications. eP@ss Canada Inc. develops software products including INTERCHANGE its flagship communication kernel and provides system integration for medium to large enterprises. DVDC (Dynamic) develops military simulation software as well providing design-engineering services. eP@ss Digital Design provides 2-D and 3-D creative services including web-design, marketing literature and media placement for its clients. Visit the company on line at www.i-transaction.net for more information.

This Press Release contains forward-looking information, including but not limited to statements involving ITNI's plans, expectations and objectives. Actual results may be materially different than those anticipated in these forward-looking statements. Factors that could cause actual results to materially differ include known and unknown risks, including uncertainty of new product development, the risk that newly introduced products may contain undetected errors or defects or otherwise not perform as anticipated, early stage of development of the ePass products, the company's ability to predict accurately the demand for its products in these emerging markets and to develop strategies to address these markets successfully, the company's ability to manage its growth and changing business, the company's ability to successfully integrate the operations of Dynamic Visions Development Corp., and ePass Canada, the retention of key technical and other personnel, risks associated with the financial leverage, currency and other risks related to international operations, rapid technological change and intense competition , as well as other risks set forth in ITNI's filings with the Securities and Exchange Commission. ITNI cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the data made. ITNI expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in ITNI's expectations or any change in events, conditions or circumstance on which any such statement is based. All product names and trademarks mentioned herein are trademarks of ePass Canada Inc. or their respective owners.