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Newsletter
December 6, 2000
Volume III, Issue 102
Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:
 

News on Hyperdynamics (OTC BB: HYPD)

We strongly recommend reading the section on our site which describes our philosophy behind our Trading Alerts. You can click here to read it, or simply click on the Trading Alerts button on the left hand menu bar of our home page at www.otcjournal.com. You can also click here to view the track record of our Trading Alerts program.

Hyperdynamics was one of our Trading Alerts. It was issued back on September 20th at $2.375. The stock traded up as high as $3.50 within the next five trading days, but has since been clobbered along with the rest of the microcap market.

We don't normally provide any follow up on Trading Alerts- these are just one time ideas for short term trades. However, since some of you may still own this stock, we thought we would bring today's press release to your attention. 

When we agreed to issue the Trading Alert on Hyperdynamics, we were expecting a series of substantive press releases in the immediate future. It has taken than expected for the company to deliver, but here is the first in what we are told will be a series of substantive news releases. Although the market has been unkind to the stock price, this widespread and everyone is suffering who owns nearly any growth stock. 

Earlier today, Hyperdynamics announced the signing of all agreements associated with AT&T's participation in their new Westwood Technology Center (WTC) as an AT&T Dedicated Entrance Facility (DEF). 

Here is the complete text of the press release for your review. More about upcoming events for the remainder of the year in the weekend edition.
 

Wednesday December 6, 11:37 am Eastern Time
Press Release

AT&T to Establish Dedicated Entrance Facility for HyperDynamics in Houston

HOUSTON--(BUSINESS WIRE)--Dec. 6, 2000--HyperDynamics Corp. (OTCBB:HYPD - news), the premier Integrated Technology Service Provider (ITSP(TM)), ``enabling tomorrow ... today,'' announced today that all agreements have been executed and AT&T (NYSE:T - news) is working to establish HyperDynamics' new Integrated Technology Center (ITC) at Westwood Technology Center (WTC) as an AT&T Dedicated Entrance Facility (DEF). 

Characteristics of a DEF include On-net (Type 1) redundant fiber provisioning with bandwidth scalability up to an OC-48. This DEF effectively creates a private Sonet-based network for HyperDynamics and provides direct connectivity to the AT&T backbone. 

In a meeting held at the WTC recently, Rufus J. Chaney, voice and data technical sales director; James Mitchell, data network account executive; and Tom Zingalis, technical coordinator for AT&T, toured the WTC with Kent Watts, president and chief executive officer for HyperDynamics, and Joseph Trahan, chief technology officer for WTC. 

All the details on the fiber routing and configuration issues were established, and AT&T is expected to complete the first leg of the ``Dual Entrance Diverse Route'' installation in the next couple of weeks. 

Watts stated: ``The AT&T DEF gives HyperDynamics the core infrastructure to provide top-quality Hypersource(TM) services. With this in place, the overall value and variety of our services are unsurpassed. This is indeed a key component to bringing unmatched value to our clients.'' 

About HyperDynamics: ``Enabling Tomorrow ... Today'' 

Over the last five years, the technology industry has proven out and tested all manners of service-delivery models. Three business models have risen to the top as the most cost-effective, performance- enhancing and results-focused. These are the outsourcing IT services organizations, the Internet service providers (ISPs) and the application service providers (ASPs). 

HyperDynamics combines all three delivery models into a single, customer-directed delivery model -- the Integrated Technology Service Provider, or ITSP(TM), as it has come to be known. Some of the company's partnerships and certifications include: Intel, Microsoft, Citrix, eEnterprise, IBM, Cisco, Network Systems, Great Plains and Extreme Networks. 

HyperDynamics is a fully reporting company with the Securities and Exchange Commission and trades under the symbol HYPD. The company's Web site is http://www.hypd.com

Safe-harbor statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. 

Note to Editors: All other products mentioned in this release are registered trademarks of their respective holders. 
--------------------------------------------------------------------------------
Contact: 

     HyperDynamics Corp., Houston
     Kent Watts, 713/660-9771
                 713/660-9775 (fax)
           or
     Stock Enterprises Inc., Las Vegas
     James Stock, 702/614-0003
                  stockenter@aol.com



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