POTN Announces 1st Quarter Results.

Business Editors

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 23, 2000

PrintOnTheNet.com (OTCBB:POTN) (the "Company"), announced operating results for its quarter ended March 31, 2000.

For the three months ended March 31, 2000, net sales increased to approximately $670,000, compared to $660,000 for the same period in 1999. The Company believes sales for the first quarter of 2000 were adversely impacted by the time and resources invested in resolving non-recurring matters. The Company reported a net loss from continuing operations of $675,000 ($0.02 per share) for the three months ended March 31, 2000 compared to a net loss from continuing operations of $173,000 ($0.01 per share) for the same period in 1999. The net loss amount for the first quarter of 2000 includes costs associated with website development, and a significant amount of non-recurring legal and accounting costs in connection with certain recently-announced events. Full details of the financial results are included in the Company's Quarterly Report on Form 10-QSB. With the filing of this Form 10-QSB, the Company has become current in its filing requirements with the Securities & Exchange Commission.

Neal Polan, CEO of POTN, said "I believe our new management team along with the recent capital infusion will allow the Company to expand its business and regain its momentum in pursuing its business objectives."

The Company provides its customers with the capability to design, order and purchase printed materials over the Internet. The Company utilizes a fully interactive venue for print design and ordering, and customer service to help with any technical difficulties. PrintOnTheNet.com benefits both businesses and consumers by offering customized programs tailored to their specific needs. In addition, customers can control inventory, monitor usage, receive quantity rebates, reduce administrative costs, control consistency of their printed products, receive competitive pricing, order materials 24 hours a day, control intellectual property and store inventory, all through the PrintOnTheNet.com website.

Forward looking statements in this release, including statements regarding PrintOnTheNet.com's future operations, are based on information available to the Company as of the date on this release and involve a number of risks and uncertainties. Various important factors that could cause actual results to differ include but not limited to, the success of the integration of the new management team into the Company, implementing new strategies, the occurrence of delays or failures in product development, the Company's need for additional financing, as well as general economic conditions and the success of e-commerce generally.