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INTERNET FINANCE + EQUIPMENT SIGNS "STRATEGIC PARTNERSHIP" WITH ISG-TELECOM CONSULTANTS TO PROVIDE A "TOTAL TURNKEY SOLUTION" TO THE ISP/CLEC MARKETPLACE

Matthews, North Carolina - February 23, 1999 - Business Wire. Internet Finance + Equipment Company selects ISG-Telecom Consultants as its Consulting firm to handle CLEC projects on a turnkey basis for their ISP clients nationwide.

In a significant step to facilitate the ISP to ISP/CLEC process, Internet Finance + Equipment will provide the infrastructure equipment and financing for the transition, while ISG-Telecom will provide all of the consulting services for the ISP/CLEC migration.

"Today's announcement builds on the ISG-Telecom foundation to provide its ISP/CLEC clients a turn-key solution," said Joseph Isaacs, ISG-Telecom President.

"In our efforts to offer comprehensive choices to our clients, we are constantly searching for secondary market solutions", said Tamra Burgwardt, ISG-Telecom CEO. "With the focus of both organizations concentrating on the ISP to ISP/CLEC arena, this strategic partnership enables them to utilize even more of ISG-Telecom’s relationships", she adds.

"Our ISP customers demand that we have knowledge to help them achieve higher margins and deploy new services. Our relationship with ISG-Telecom gives our customers instant access to a team of CLEC professionals. Combined with our equipment procurement and financing we are uniquely qualified to help an ISP become a successful CLEC," said Jim Hollis, Internet Finance + Equipment President.

About Internet Finance & Equipment, Inc. (www.internetfinance.com)
Internet Finance + Equipment is in its fourth year of working exclusively with ISPs. Its highly successful cash flow improvement programs have helped ISPs improve their time and cash flow – the most critical elements to ensure ISPs succeed. Internet Finance + Equipment specializes in procuring new & used equipment, financing the equipment, raising cash by selling or buying existing assets, and providing financial and business consulting. Internet Finance + Equipment is the only equipment supplier (3COM, Ascend, Cisco, Lucent, Nortel, others) than covers procurement, salvage, and financing

About ISG-Telecom Consultants, Int’l. (http://www.isg-telecom.com)
Starmist Communications Corp. d/b/a ISG-Telecom Consultants has corporate headquarters in Florida with a regional office in Atlanta and handles client projects on an international basis. ISG-Telecom provides an array of services including CLEC state certification and tariff filing, federal certifications, marketing suggestions and tariff writing, interconnection agreement negotiations and strategies, switch selection and facility based service deployment including project management, billing/customer service establishment, equipment recommendations, vendor negotiations and business case models. The main focus of ISG-Telecom has been ISP to ISP/CLEC turnkey solutions.

Basically, ISG-Telecom is the glue that holds together the different levels of expertise for those who are entering the telephony business. As consultants, ISG-Telecom recommends strategy, does pointed research, creates the process plan, implements business decisions, and can turn-up local or IP long distance telephony service on behalf of clients with widely differing levels of expertise. Our staff consists of regulatory attorneys, paralegals, project managers, engineers, IT specialists, sales/marketing specialists, and negotiation specialists. In short, if we don't have a staff member directly employed to cover a related client issue, we know where to find the expertise or resources to address the issue.