Atlanta - June 6, 2001 - SEAGULL today announced that it signed a settlement agreement on June 2, 2001, with ResQNet.com, Inc. that resolves patent and related disputes between the companies. Under the agreement, each party's claims will be dismissed upon the issuance of 202,605 shares of SEAGULL stock to ResQNet.com. The stock issuance is anticipated to occur within two weeks, following the completion of required securities regulatory filings. Neither SEAGULL nor ResQNet.com admitted any liability or wrongdoing under the terms of the settlement agreement.

"SEAGULL is very pleased to have resolved this matter," said CFO Mory Motabar.

About ResQNet.com, Inc.

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.