Planet411.com Named Master Merchant by National Bank of Canada.

Business Editors/High-Tech Writers

MONTREAL--(BUSINESS WIRE)--May 15, 2000

Company Expands its Online Payment Processing

Planet411.com (OTCBB:PFOO), a leading provider of e-business solutions, announced today it has become a master merchant for online MasterCard credit transactions by National Bank of Canada (TSE:NA), a leading banking services institution.

"Now e-tailers who utilize Planet411's powerful e-business solutions can obtain the credit card MasterCard acceptance service quickly and effortlessly through our agreement with National Bank of Canada," said Serge Bujold, President and CEO of Planet411.com. "No longer will Internet e-tailers have to wait weeks for a MasterCard merchant account since Planet411 will empower them with an account within days so e-tailers can generate sales faster while building their online business more efficiently."

It is also the first time that Transact4, a leading back office software application from OpenMarket (Nasdaq:OMKT), will be used by an approved Canadian company to process payments seamlessly for Visa and MasterCard for e-tailers. OpenMarket, Inc. is an internationally recognized developer of an integrated suite of applications for managing online content, commerce and e-marketing worldwide.

"Planet411.com has a unique and interesting offering for e-tailers," said Jacques Grandmaison, Senior Vice President of National Bank of Canada. "Planet411's payment reconciliation process allows retailers to sell online without the usual upfront efforts and expenses needed to create a secure processing payment environment."

The agreement with National Bank of Canada further establishes Planet411.com as a primary provider of fully integrated end-to-end e-tailing solutions for retailers worldwide. "We provide everything from Web store development to online transaction processing to shipping arrangements and real-time marketing strategy. Planet411.com enables companies to implement a B2C e-commerce platform in record time and to monitor their e-tailing activities, all without compromising quality. This agreement is another step in our approach to supply all needed services to our clients to be successful in e-commerce," said Bujold.

About National Bank of Canada:

National Bank of Canada offers a full array of banking services, including all the investment banking services required by large corporations. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. Ranking sixth among Canada's chartered banks, the National Bank is the leading banking institution in Quebec and the bank of choice for small and medium-sized enterprises. It has branches in every province of the country. Through its representative offices, subsidiaries and alliances, it is also represented in the United States, Europe and elsewhere in the world.

About Planet411.com:

Planet411.com (OTCBB:PFOO) is a leading provider of e-business solutions, enabling companies to implement a scalable e-commerce platform and to evaluate their business performance with real-time data. The company's solution is characterized by limited financial risk, since clients pay Planet411.com a percentage of their e-commerce revenues instead of an up-front charge. Planet411.com's services feature world class components from both the technology and business sectors. The company's services include Web store and catalog creation, Web site hosting on EMC2's (NYSE:EMC) servers, e-commerce application software, on-line transaction processing with OpenMarket's (Nasdaq: OMKT) integrated software, shipping arrangements through UPS (NYSE: UPS) and real-time marketing strategy. Visit www.planet411.com.

This press release contains forward-looking statements. The words "estimate", "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date of the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.