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OTC Journal
November 2, 1999	Volume II, Issue 54

Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:

Update On the Crayon Crawler- Third Commercial Contract Announced

Today a major contract for 1st Net's revolutionary Crayon Crawler, the browser designed to make the Internet safe for kids, was announced.

This is the third commercial contract for this product which will be formally introduced at the COMDEX Electronics Show in Las Vegas later this month.

Those of you that follow the stock of 1st Net Technologies (OTC BB: FNTT), our parent company, know that the stock has begun to recover from recent lows as result of the market's response to developments surrounding the Crayon Crawler.

As always, we remind you that comments we make about our parent company, 1st Net, should be considered self-serving and a conflict of interest.

The first commercial contract for the Crayon Crawler, announced on August 11th, was with NetSafety Corporation USA, a Santa Clara based PC manufacturer. The estimated value of the contract is projected to be $2 to $5 million. Click Here to read the full text of the press release.

The second commercial contract, announced back on September 22nd, was with Kids-On-Line America, an on-line service which will incorporate a private label version of the Crayon Crawler into their service. The value of this contract is estimated to be $1 million. Click Here to read the press release.

On October 21st there were two more news releases associated with the development of the Crayon Crawler. 1st Net announced that the final commercial version of the Crayon Crawler would be unveiled at the upcoming COMDEX show in Las Vegas.

Secondly, it was announced that The Federal Trade Commission issued the final rule to implement the Children's Online Privacy Protection Act of 1998 which requires certain web sites to obtain parental permission before collecting data on children under the age of 13.

That day shares of 1st Net closed at $2.1875. Over the next three trading days about 500,000 shares of 1st Net traded to a high of $5.25, and then settled back into the $3.50 range, providing some relief for beleaguered shareholders that saw the stock as high as $10.50 last March.

Radica Games (NASDAQ: RADA) Announces Agreement with Children's Technology Group

Radica Games (NASDAQ: RADA) announced a license agreement with the Children's Technology Group (CTG) today. This is the third major commercial contract for the Crayon Crawler. This Internet Software and license agreement will allow Radica to develop an Internet browser for girls under the Girl Tech® brand. The custom browser has built-in safety features, including a secure environment that limits access to sites that have been pre-approved by parents or the Girl Tech online community. The Girl Tech community includes secure, supervised chat rooms, email, and other educational and entertaining features. As part of this agreement, Radica has entered into a worldwide licensing agreement with Children's Technology Group for the exclusive rights to custom software built on CTG's Mindwalker(TM) Technology platform. The agreement runs through 2002.

Radica Games has annual revenues of $200 million, and currently has about $60 million in cash and receivables. This is by far the most substantive commercial contract for the Crayon Crawler technology, and is further evidence that the Crayon Crawler technology is commercially viable. Look for more commercial developments in the near future.

Here is the complete text of the news release issued by Radica Games for your review:

Monday November 1, 6:30 pm Eastern Time

Company Press Release
SOURCE: Radica Games Limited

Radica(R) Games Limited Announces Software Agreement With Children's Technology Group, Inc.

HONG KONG, Nov. 1 /PRNewswire/ -- Radica Games Limited (Nasdaq: RADA - news) and Children's Technology Group, Inc. announced today an Internet software development and license agreement that will allow Radica to develop an Internet browser for girls under the Girl Tech® brand. The custom browser has built-in safety features, including a secure environment that limits access to sites that have been pre-approved by parents or the Girl Tech online community. The Girl Tech community includes secure, supervised chat rooms, email, and other educational and entertaining features. As part of this agreement, Radica has entered into a worldwide licensing agreement with Children's Technology Group for the exclusive rights to custom software built on GTG's Mindwalker(TM) Technology platform. The agreement runs through 2002.

``We are thrilled to bring CTG's innovative technologies to our Girl Tech Brand and award-winning on-line community. Developing an Internet browser is an important step towards Radica's strategic goal to enhance our Internet presence through high quality sites and Internet-based products,'' said Pat Feely, Radica's CEO.

Girl Tech's browser, Surfer Girl(TM), will provide girls with a unique online experience, with a specialized interface, content, and safety features. In addition to the activities and content, the award-winning Club Girl Tech site will have special content areas that only Surfer Girl users can access. Club Girl Tech receives millions of hits from 100 countries around the world and is a premiere site for girls on the Internet.

The foregoing discussion contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projected results. Forward-looking statements include statements about efforts to attract or prospects for additional or increased business, new product introductions and other statements of a non-historical nature. Actual results may differ from projected results due to various Risk Factors, including Risks of Manufacturing in China, Dependence on Product Appeal and New Product Introductions, and Dependence on Major Customers, as set forth in the Company's Annual Report on Form 20-F for the fiscal year ended October 31, 1998, as filed with the Securities and Exchange Commission. See ``Item 1. Description of Business -- Risk Factors'' in such report on Form 20-F.

Radica Games Limited (Radica) is a Bermuda company headquartered in Hong Kong. Radica is a leading developer, manufacturer and distributor of electronic games including handheld games, video game controllers and tabletop games. Radica has subsidiaries in the U.S.A., Canada and the U.K., and a factory in Dongguan, Southern China. More information about Radica can be found on the Internet at http://www.radicagames.com and about Girl Tech at http://www.girltech.com .

Children's Technology Group, Inc., a subsidiary of 1st Net Technologies, Inc. (OTC Bulletin Board: FNTT - news), is committed to producing the highest quality web-based resources for children. For more information about Children's Technology Group, go to http://www.crayoncrawler.com .

SOURCE: Radica Games Limited

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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.

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