SaraOnline.com Confirms the IPO Trading Date for SolutionNet International Inc. Its First of Three Internet Spinout Companies.

MARINA DEL REY, Calif.--(BUSINESS WIRE)--March 23, 1999--Garrett K. Krause, president and chief executive officer of SaraOnline.com an Internet focus subsidiary of Sara Hallitex Corp. (OTC BB:SHAL) confirmed that SolutionNet, the much anticipated Sara-IPO-Dividend (SIPOD), will be trading on March 31, 1999.

Previous announcements had targeted SolutionNet to open for trading the week of March 22, 1999. SaraOnline.com has received the CUSIP number and NASD trading symbol for SolutionNet, which confirmed the effective trading date at the market opening on March 31, 1999. The trading symbol will be released to shareholders and all interested public investors at www.saraonline.com on Monday, March 29, 1999.

SolutionNet is a development partner of Oracle Corp. (Nasdaq:ORCL) and Sun Microsystems (Nasdaq:SUNW). SR Singapore PTE Ltd., a subsidiary of SolutionNet, has recently completed its world launch of E-NET Internet Banking software -- a true Internet online banking solution with current applications worldwide. Its first of three Internet software solutions anticipate to be launched in 1999. This event, which was co-sponsored by Oracle Corp. and the Singapore Computer Board, drew media coverage around the world.

SaraOnline.com has been organized as the Internet focus subsidiary for the venture banking firm, Sara Hallitex Corp. and will concentrate on the development, funding and incubation of electronic commerce companies and other projects targeting the exploding Internet industry. SaraOnline.com will prepare these Internet opportunities with the intent to create liquidity and profits for shareholders by taking them public through its unique Sara-IPO Dividend program.

Sara Hallitex is a public venture banking firm, dedicated to acquiring and investing in companies, new technologies or projects that when fully developed, can "spin-out" as Nasdaq publicly traded companies, providing solid and appreciable long-term portfolio enhancement for its shareholders.

Statements in this release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risk and uncertainties, including without limitation, continued acceptance of the companies services, increased levels of competition for the company and dependence on the performance of the management of the company.

For more on SaraOnline.com and Sara Hallitex look to the companies World Wide Web page at www.saraonline.com or www.sarahallitex.com, or contact Sara Hallitex Corp., 4344 Promenade Way, Suite 102P, Marina del Rey, CA 90292. Telephone: [phone] (investor relations department). Fax: [phone], E-mail: [e-mail].