"Our agreement with PremiumCHAT™ highlights Transparent Language's commitment to providing our customers and partners with the tools they need to successfully do business online," said Ty Glasgow, vice president of sales for Transparent Language. "For the first time, service-sector merchants can set up a store on the Internet in hours, complete with the assurance that they will be able to bill for services and that their services will be accepted for payment processing. With our proprietary translation technology integrated into PremiumCHAT™, a true global ecommerce solution is at hand. We expect this to be a major accelerant to the growth of e-business in the service sector and a major advance in e-commerce solutions."

Robert Fair, CEO of PremiumCHAT™, agreed that "PremiumCHAT is a powerful addition to online e-commerce, with the addition of Transparent Language's state-of-the-art technology and ten years experience. The software created by our staff is the first Web-based tool that gives a BSP the ability to provide secure online business transactions and bill in real time. PremiumCHAT provides the turnkey solution for any service professional to come online and gain market share. Once approved for your merchant account you are ready to utilize our Web-based PremiumCHAT software to work with your clients in a secure environment. The download of the PremiumCHAT™ software is free for both BSP and client versions. PremiumCHAT receives a modest fee from the BSP on a per-use basis, in addition to a small fee-per-minute for selecting the translation option. We welcome inquiries from other Web-based businesses that may wish to use our software on an OEM basis."

About Transparent Language

Transparent Language develops Revolutionary Language software to enhance the personal language learning experience and to enable business communications in today's global market. The company introduced its first language software products in 1991, and today has 400,000 users worldwide, including the U.S. government and more than 10,000 schools and colleges. Software sales tracker PC Data, Inc. recently ranked the privately held company among the top 10 largest educational software publishers in the United States. Transparent Language maintains its headquarters in Merrimack, NH.

The growth of the Internet and the development of new technologies have effectively torn down national, social and cultural boundaries. Language, however, remains a challenge for the increasing numbers of people and organizations around the world communicating and doing business internationally or online. In fact, recent figures compiled by Nua, an Internet research firm based in Ireland, found that of the 160 million people online today, 45% come from outside North America. International Data Corporation further extends this figure, estimating that by 2003, this group could comprise 60% of all Internet users. As a result, worldwide interest in foreign languages is on the rise, whether for personal enrichment or for facilitating critical business processes. These converging trends position Transparent Language to be a leading provider of learning and translation products and services that will simplify language acquisition and enhance global communication. For more information, go to http://www.transparent.com.

About PremiumCHAT™

PremiumCHAT™ is a Southern California based company, represented by Wilson Sonsini Goodrich and Rosati of Palo Alto California http://www.wsgr.com. The company's B2B chat products have been in development for sometime and are now ready for release. The company provides business-based chat systems and other B2B online solutions with their PremiumCHAT System™.