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To OTC Journal Members:

Some Quick Notes on Current Events

We have recieved a lot of e-mails from our members informing us that we are not in the 21st Century.  We know that, but we are not going to spoil the party!!!!!!!!  Don't bother correcting us anymore.

If you refer back to our year end edition (click here if you wish to read it), you will note that we were very prophetic about the upside in StockGroup (OTC BB: SWEB).   SWEB finished the year at a dismal $1.75, but today closed at $3.50.  We believe that this is just the beginning of the rebound.

We will not be publishing our January profile this Friday.  It will be coming out one week from Friday, but we can assure that it will be worth waiting for.

Private Placement

In this edition we are going to introduce to a Private Placement opportunity.  We believe that this Company will go public within the next one to two years at a value considerably higher than today's price, but there are no guarantees.

Here are some examples of Private Placements that investors were invited into in the early stages:

• America On-Line (NYSE: AOL) at $1.35- 5/28/92
• Intel (NASDAQ: INTC)at $1.45-7/21/86
• Cisco Systems (NASDAQ: CSCO) at $.42 on 10/11/90
• Microsoft (NASDAQ: MSFT) at $.39 on 8/4/86

A Private Placement occurs when an investor purchases newly issued shares directly from a Corporation.   Individuals, professional venture capitalists, and money managers make investments of this type regularly.  The funds that you invest go directly to the corporation to provide capital for growth and expansion.   Unparalleled returns can be generated for Private Investors that purchase shares of companies at low valuations prior to the Companies going public.

Here are some basics about private placements in general that you should understand before we get into the specifics about the investment.

• First, this company is not a Public Company at this time, and there are no guarantees that it will ever become one.  Therefore, any shares you purchase may never have any market or liquidity in either a private or public market.   You must assume that your risk is 100% of the capital you invest, so you must be prepared to lose 100% of the capital you invest.  You must also be prepared to set the capital aside indefinitely.
• Secondly, we are not recommending that you invest.  This is not a solicitation to buy or sell any securities.  We will give you the facts and put you directly in touch with the company.  You make up your own mind.
• Third, at this time we have no formal affiliation with this company, and are not being compensated in any way for disseminating this information.  A future relationship is contemplated by both parties at this time, but no formal relationship has been established.  Should you decide to invest, no cash compensation will be paid to us as a result of your investment.
• Fourth, there are many complex securities laws governing investments in Private Placements.  There are SEC regulations that apply to all US citizens and every State has its own individual regulations.  If you decide to contact the company they will be aware of the regulations that apply in your case, and you may prohibited from investing even if you wish to.  In order to invest you will probably be required to sign a document stating that you are an Accredited Investor in order to comply with both State and Federal regulations.  Here is the SEC definition of an Accredited Investor according to SEC Rule 501 Of Regulation D:

Now that we have gotten through the preliminary general information of Private Placements, we'll give you an overview of the Company.  If you like what you read and wish to receive the Private Placement Offering and associated Disclosure Statement, a link to a sign up page can be found at the end of this newsletter.

IXPRES.COM
http://www.ixpres.com

Ixpres.com is a national full service Internet Service Provider (ISP) specializing in providing affordable high speed Internet Access primarily through DSL (Digital Subscriber Line) internet access.  Based in San Diego, the company is currently offering to sell 460,000 shares of its common stock at $2 per share directly to investors through a private placement to finance the company's rapid expansion.  As of the date of this publication, approximately 175,000 shares have already been purchased.

The Company currently has a base of 6,600 Residential and Business clients and offers a wide range of Internet services including e-commerce, co-location, Web hosting & design, Security Firewalls and Virtual Private Networks.

IXPRES.com is now actively marketing in New York, Los Angeles, San Francisco, Atlanta, and San Diego.  The Company is now entering the market in DC, Boston, Austin, Miami, Chicago, Dallas, Houston, Philadelphia, and Phoenix.

Through its partnerships this Company has access to more than 700 Central Offices, making their effective market size 17 million households and over 2 million businesses nationwide.

IXPRES is currently the leading provider of DSL in San Diego to both business and residential accounts.  The Company's stated objective is to become the leading provider of DSL and affordable high-speed Internet access to small and medium sized businesses in first and second tier cities across America.

Strategic Alliances

We believe that IXPRES will have a competitive advantage over other DSL providers due to their strategic alliances with DSL wholesalers, Internet Backbone Providers, and Hardware manufacturers.

The Company is currently in the process of moving its Corporate Headquarters and sales and customer service centers into space it will share with their Southern California Internet backbone provider Level 3 Communications, Inc. (NASDAQ: LVLT).

Level 3 Communications is now building the first global communications fiber optic network utilizing Internet Protocol (IP) technology.  The Level 3 network will eventually combine local, long distance, and undersea networks which will span Europe and Asia.  IXPRES is directly connected with the Level 3 Gateway transit to the Internet.

In addition, IXPRES has already successfully negotiated arrangements with other nationwide Internet Backbone Providers and DSL wholesalers that include Verio (NASDAQ: VRIO), Rhythms Net Connections (NASDAQ: RTHM), Covad Communications (NASDAQ: COVD), NorthPoint Communications (NASDAQ: NPNT), and MCI Worldcom (NASDAQ: WCOM).

These strategic alliances make it possible for Ixpres.com, Inc. to market DSL and other forms of Internet Connectivity to 17 million households and over 2 million businesses nationwide without having to absorb the cost of provisioning equipment as well as both technical and customer support departments in every major metro area.

Growth of High Speed Internet Access

If you are currently accessing the Internet through a Dial-UP Modem your technology is already ancient history in Internet Time.  Figuratively speaking, you are crawling on your hands and knees.  High speed Internet access is like driving a Ferrari as opposed to crawling.

This week's blockbuster announcement of the merger between AOL and Time Warner is all about high speed Internet Access.  There are 25 million AOL subscribers, and most of them are still accessing the Internet through their dial up modem.  The Time Warner relationship is designed to change that.

If you are accessing the Internet through a dial up modem you are incapable of taking advantage of 90% of what the Internet has to offer.  E-commerce transactions are very slow and cumbersome.  Download times for software and music may take hours, where Broad Access might only take several minutes.

There are currently three methods of obtaining High Speed or Broad band Internet connectivity.  The Cable Modem:  Your Internet access comes through the same cable that you have for your TV.  This technology uses a “shared” network … everyone in your neighborhood shares the same connection to the Internet.  There can be security problems and, if everyone gets on line at the same time to watch another Victoria Secret fashion show, your connection can crawl to a halt with too much traffic.  Cable is like the freeway or highway system.  To many people trying to get someplace at the same time.  This technology is also limited to the areas where cable is already installed.  The installation fee for a cable modem generally runs $100, and monthly fees are in the $45 range.  Cable TV is not installed in most office buildings, thereby eliminating a huge segment of the market for Broad Band.

The old Professional choice: The T-1 connection.  Offered by numerous ISPs, this is an expensive yet dedicated connection to the Internet.  Many Fortune 500 companies selected the T-1 connection, however cost is a major prohibiting factor for most businesses.  Many major corporations now require multiple connections to the Internet and T-1 service can be too costly.   Installation alone can run over $1,000, and monthly fees are often over $1500.  This cost is prohibitive to millions of households and small to medium sized businesses.   Obviously not a choice for millions of Americans wanting high-speed service at home.

DSL (Digital Subscriber Line) is the newest technology for broad band access.  Everyone wants affordable, high-speed access and DSL is rapidly gaining enormous market share.  DSL is provided through your existing phone line.  Average costs for residential service is $49 per month and for business service is $200.  In addition, your computer is always connected to the Internet without interruption of service.  Every business and household in America already has phone lines, which dramatically expands the market potential for DSL.

IXPRES.COM currently provides Internet services including national business and residential DSL, T-1 as well as dial-up access.   The company focuses its marketing efforts on the future of DSL service, providing one of the most explosive opportunity for growth ever seen in America.

Conclusion

In the late 80's and early 90's there were long distance reseller marketing companies acquiring accounts in mass.  Most of those smaller long distance companies, whether they remained private or went public, were eventually bought out by much larger companies at huge premiums for early investors.

We believe that this pattern will repeat itself for Internet Service Providers.  Eventually, this market will consolidate into several enormous companies.   As we can see, mergers and acquisitions have already begun.
IXPRES.COM currently has 6600 accounts, and they are adding approximately 500 new clients per month with a 30% rate of accelerated growth.  The industry places a value of about $3,000 on every DSL account.  It is easy to see how IXPRES can be valued at millions of dollars.  More importantly, if they continue to add 500 new accounts monthly, they are adding $1.5 million in value every month.   The company's forecasts are to increase its customer base by 1200 new clients per month.  That would be more than $3.6 million per month in added value.  To date, this Company has arrived at this point on a shoestring budget.  The capital from this private placement will help them accelerate their marketing efforts and build value on behalf of shareholders.

If you are interested in learning more about this unique opportunity simply click on the link below, fill out the registration form, and the company will contact you within the next two weeks.  They will answer any questions you might have and fill you in on the Regulations that apply to you based on the State you reside in.  No one will pressure you to invest, and the information you provide will not be used in any other manner of redistributed to any other parties.

The OTCjournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. This newsletter is owned by SSP Management, Inc, a wholly owned subsidiary of 1st Net Technologies, Inc ("1st Net").  While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may own stock in and have other financial dealings with the companies who appear in the publication.  To that degree, this newsletter should not be regarded to be an independent publication. The OTCjournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF OTCjournal.com.

We encourage our readers to invest carefully and read the investor information available at the web sites of  the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com.   We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at  http://www.sec.gov/consumer/cyberfr.htm.   Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.