Kuromaku Delivers Analyst Report on DBPanacea.

Business Editors/Technology Writers

SCANDIA, Minn.--(BUSINESS WIRE)--March 3, 2000

Phoenix Resources Technologies, Inc. (OTCBB:PRTI) today announced that it has received the final analyst report, authored by James Milbery of Kuromaku Partners LLC (www.kuromaku.com).

Kuromaku reviewed PRTI's state-of-the-art software application, code named `DBPanacea', which addresses the need for faster, lower-cost deployment of database integrated Web sites, dynamic Web pages and the development of Web-based business applications for the Internet.

Milbery had access to the Bench Test results for DBPanacea, provided by Doculabs Inc. (www.doculabs.com) of Chicago, and spent several days with our engineers in San Diego while doing his in-depth analysis of the product. For frame of reference he compared DBPanacea to Allaire's Cold Fusion (Nasdaq:ALLR) in ten different categories.

From his summary: "We consider DBPanacea to be a superior solution for database-enabling web sites in light of its ease-of-use, lower learning curve, faster development, flexibility and multi-platform characteristics."

Ben Traub, President of PRTI, states "Kuromaku's findings confirm our own analysis of the product as well as those of Doculabs, Inc, already reported. There is no longer any doubt. We have a world class product that can compete on a global scale."

Kuromaku's report includes:

"Productivity: The template wizard ... dramatically improves the learning curve for new developers. Competing products use a much larger set of such tags ..which makes them harder to learn and not necessarily more functional. We estimate that DBPanacea is at least twice as easy to learn when compared to Cold Fusion. Furthermore, our analysis and independent tests have confirmed that typical dynamic web applications can be developed in half the time with DBPanacea as compared to Cold Fusion.

Server Performance -- DBPanacea interfaces with the HTTP server using native Java Servlets, which allows for low overhead and fast processing. The server implements many common functions such as caching, to insure that performance against the database remains brisk. In particular, DBPanacea supports a unique capability to perform next/previous page processing without re-querying the database, a function that is all but impossible with many competing products.

Multi Platform Development: DBPanacea supports multi-platform development. Cold Fusion offers development tools for the Windows 32 platform, while ignoring other critical development environments such as Linux, MacOS and Solaris. DBPanacea's Java-based SQL Editor and Template Builder make it possible to easily leverage all of the development platforms within an organization.

Multi-platform Deployment -- Applications developed with DBPanacea can be re-deployed on any platform that supports Java Servlets, providing flexibility and improved use of resources. Competing solutions, such as Cold Fusion, are often limited to supporting only the most common platforms such as Windows NT and Solaris.

Database Performance -- DBPanacea (uses) JDBC for all database interaction, giving it support for the widest possible range of database servers including Oracle8i, IBM DB2 UDB and Microsoft SQL Server 7. Cold Fusion relies primarily on ODBC, which is platform specific. (They also offer a limited number of proprietary drivers for Sybase and Oracle that are version-specific.)

Separation of database-logic and application code -- DBPanacea separates the physical database commands from the HTML pages that render the data. This allows database programmers to make changes to SQL that can be instantly deployed to applications without the overhead of manually changing the HTML itself. Cold Fusion, on the other hand, allows the developer to embed SQL commands directly into the HTML pages, making it potentially difficult to maintain and update these pages as the database changes.

Replication -- DBPanacea offers built-in data replication. While most database vendors provide solutions for automated data replication, these solutions are often expensive and complicated to implement. The DBPanacea application server can replicate data across heterogeneous databases in real time. This allows every web site (even smaller ones) to provide for constant-availability through hot-backups. No other web development tool we've seen provides full data replication at the application server level.

Extensibility -- DBPanacea provides a simple application-programming (Java) interface (API) that allows developers to (easily) extend the product... HHPN provides several example modules that have been built using this API including an email interface and a module that provides credit-card authorization. Allaire's Tag development API relies upon Visual Studio and the C++ language. DBPanacea's Java interface assures developers that they can migrate these extensions to multiple server platforms.

Pure HTML -- DBPanacea generates pure HTML and this allows your Web sites to support the widest possible range of client browsers. While you are certainly free to add platform-specific code (i.e. ActiveX controls, Plug-ins) to your applications, DBPanacea itself relies on pure HTML. HHPN has created some very innovative techniques for rendering sophisticated interfaces (such as hierarchies) using standard HTML. By comparison, Cold Fusion requires the use of Java applets in order to implement hierarchies within the browser.

Webserver Integration -- DBPanacea builds upon the Java Servlets platform, which is fast becoming a defacto standard. All of the major HTTP servers support direct interfaces for servlets. And every high-end application server engine also implements servlets. DBPanacea can easily plug directly into both of these layers without the overheard of interfaces such as CGI or the complexity of solutions such as NSAPI and ISAPI.

Conclusions -- When you consider the feature set that it offers, DBPanacea is entering the market at the perfect time. Most web sites are still relying on static data, but momentum is building to create increasingly dynamic web (pages). Meanwhile, most of the high-end application server products have been adding features for the upper-end of the market (mainframe interfaces, EJBs, etc.), to the detriment of the mainstream... By virtue of its reliance on Java Servlets, DBPanacea can easily integrate into these applications to provide a scalable, easy-to-use layer for dynamic database access. We consider DBPanacea to be a superior solution for database-enabling web sites in light of its ease-of-use, lower learning curve, faster development, flexibility and multi-platform characteristics."

Milbery also provided PRTI with Product/Strategy suggestions for DBPanacea as well as an analysis of areas in which Cold Fusion had competitive advantages. DBPanacea's developers have already addressed these issues with Management of PRTI. Features have been added to further strengthen the product, potential partners are being contacted with a view to forging strategic alliances and a comprehensive development plan is being implemented to overcome any possible perception of weakness after launch date.

Kuromaku Partners provides technical analysis services, architecture reviews for software companies and strategic software evaluations for end-users. Clients include Oracle Corporation (Nasdaq:ORCL), Vision Software, William Blair Partners, Near North National Group and e-Docs.net.

As an analyst, author and technical consultant, Partner James Milbery specializes in application development and application server technology. He has worked in the software industry for over twenty years in roles ranging from technical manager and architect to Vice-President of Engineering. He writes a monthly review column for Java Developer's Journal and is the co-author of IDG's best-selling "Oracle WebDB Bible." Doculabs' research in Web application server technology has been widely published, and includes analysis on products from market leaders such as Allaire, Microsoft (Nasdaq:MSFT), Apple (Nasdaq:AAPL), Sun-Netscape Alliance, Oracle, IBM (NYSE:IBM), Sybase (Nasdaq:SYBS), Silverstream, Haht, and Bluestone (Nasdaq:BLSW).

Certain information included in this communication may contain statements that are forward-looking which are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.