Inglenet to develop Yzapp Intelligent Credit Application^« Technology

Vancouver, April 23, 2001 - Inglenet Business Solutions announced today that it has been contracted by Yzapp Solutions, Inc. to develop the Yzapp Intelligent Credit Application« (ICA) technology. Intelligent Credit Application« is a unique web-based solution designed to assist both businesses and consumers in successfully obtaining purchase financing.

In making todayÆs announcement, Ron Norman the President of Inglenet commented, ôInglenet is very pleased to have been selected by Yzapp Solutions to build the ICA credit management software. We look forward to being of assistance as Yzapp revolutionizes the delivery of secure and time-sensitive credit application processing.ö

Brian Jaggard, President of Yzapp Solutions, expressed his appreciation for the personalized service provided by the Inglenet team. ôInglenet has delivered added value throughout the ICA design and requirements gathering process. Inglenet has been on time and on budget for each of the initial phases of the ICA project. Having Inglenet Business Solutions as our development partner has been and continues to be a tremendous advantage.ö

Inglenet Business Solutions is a Mississauga, Ontario-based e-business solution provider focused on the foundation of all e-business - transaction management. Since 1975, Inglenet has developed systems for companies looking to manage their transactions in network-based and web-based environments.

The Intelligent Credit Application« created by Yzapp Solutions, Inc., is a business improvement process that replaces traditional credit applications. ICA works interactively with customers at the point of sale ensuring better client service, increases in retailer sales, better decision making information for the lender and collapses the previous costly and inefficient process from days to minutes. ICA lowers transaction costs, enhances consumers online privacy and as an expert system allows for mass customization of credit applications. Specializing in credit offerings, Yzapp Solutions, Inc. offers a suite of software to help consumers, retailers and financial institutions during the credit application process.

For more information, please contact Janet Andersen, Western Region Business Development Manager for Inglenet Business Solutions at jma@inglenet.com 604-681-2772; or Brian Jaggard, President, Yzapp Solutions, Inc. at info@yzapp.com, 604-868-0264.