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Powerful Java Servlet Automatically Checks Potential Trading Partners Against Federal Office of Foreign Assets Control (OFAC) and Bureau of Export Administration (BXA) Lists of Sanctioned Governments, Organizations, Individuals

New York City - February 12, 2002 - ResQNet, a pioneer and innovator in the field of legacy application enhancement and Web-enabling technology, announced today the release of AlertU™ 2.0, a powerful Java servlet designed to assist businesses with Homeland security. AlertU™ 2.0 warns users against potential trading partners included on the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) and U.S. Department of Commerce's Bureau of Export Administration (BXA) lists of targeted terrorist sponsoring organizations, foreign governments, international narcotics traffickers, and denied persons, thereby protecting companies from undesirable or illegal business relationships.

AlertU™ is available as a standalone application or as an integrated feature of ResQNet's Web-to-Host connectivity products (ResQNet and ResQPortal). It can also be seamlessly integrated into existing legacy or Web-based applications without changing the host or application code. Using AlertU™, businesses can check data and transactions entered into company databases on nearly any platform: AS/400, S/390, Windows, Linux, and Unix.

"What we've done is enable enterprises to verify transaction data without altering their underlying host code or bringing down their applications," said Todres (Tod) Yampel, ResQNet President and inventor of ResQNet's patented technology.

Queries made to the AlertU™ database are checked by keyword, with all searches and requests recorded in an encrypted log for later due diligence audits or legal use by authorized company administrators or government auditors.

"It's always been against the law to knowingly, or unknowingly, do business with these groups and individuals. But in today's global environment, dotting your "i"s and crossing your "t"s has taken on a new urgency. AlertU™ has been created to help everyone--multi-national banks, foreign trade financiers, Fortune 500 corporations, and small and local business--protect themselves and America on a daily basis," said James Shapiro, Executive Vice President, ResQNet.

To further extend AlertU™'s value, companies can supplement the application's database with a watch list of individuals, businesses, or other entities identified by the organization itself. Known felons, deadbeat dads, phony corporations, and others can be routinely checked in seconds, helping companies to maintain the integrity of their overall business relationships.

The Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury administers and enforces economic and trade sanctions enacted by the United States, based on U.S. foreign policy and national security goals. OFAC acts under Presidential wartime and national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze foreign assets under U.S. jurisdiction. Many of the sanctions are based on United Nations and other international mandates, are multilateral in scope, and involve close cooperation with allied governments.

The mission of the Bureau of Export Administration (BXA) is to advance U.S. national security, foreign policy, and economic interests. BXA's activities include regulating the export of sensitive goods and technologies in an effective and efficient manner; enforcing export control, antiboycott, and public safety laws; cooperating with and assisting other countries on export control and strategic trade issues; assisting U.S. industry to comply with international arms control agreements; monitoring the viability of the U.S. defense industrial base; and promoting federal initiatives and public-private partnerships across industry sectors to protect the nation's critical infrastructures.

ResQNet.com, Inc. is a New York-based software firm specializing in intelligent Web-enabling technology, self-service portals and human interface enhancements for ERP, CICS, IMS, RPG and COBOL rapid revitalization initiatives. The company focuses on the trend toward e-business by providing on-the-fly graphical connectivity, integration, extensions and rejuvenation to host applications through Internet, intranet, extranet, and wireless enablement. Its patented drag-and-drop technology allows screens to be customized quickly and easily without requiring any scripting or programming. ResQNet.com, Inc. markets its products through a direct sales force and channel partners, VARs, OEMs and resellers, and through its international representatives around the world.

For more information, contact ResQNet.com at 212-482-8080 Ext. 4816, by fax at 212-482-8081, or visit the company's Internet Web site at http://www.resqnet.com.

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ResQNet Announces AlertU™ 2.0, First Trade Sanction Warning Application