LatinTech.net Launches New Caribbean and Latin American E-Store Focusing on Compaq and HP Products.

LatinTech.net Offers Regional B2C and B2B Consumers Selection more than 60,000 Authorized IT Products from Major IT manufacturers.

Miami, FL -- October 11, 2002 -- LatinTech.net unveils a new Caribbean and Central America e-store specializing in Compaq and HP Product sales to consumers and small & medium businesses throughout the region.

As an authorized Ingram Micro and Tech Data IT reseller for the Latin American region, LatinTech.net draws on the inventories of the worlds largest distributors of IT products. The new e-store displays a selection of approximately 60,000 active IT products from the major manufacturers of components, networking products, peripherals, software and systems.

LatinTech.net displays real-time pricing and availability in both Spanish and English and will be available in Portuguese soon. Consumers will be able to order online and use various payment methods including credit cards, wire-transfers and e-checks. The e-store displays landed-cost quotations and pricing to their U.S. forwarder or consolidator, their country, or to their door.

Additional products will be available from a variety of manufacturers, including, 3Com, Nikon, 3D Labs, Novell, Adaptec, SMC, APC, Sybase, Cisco, Symantec, Cnet, SyQuest, Cobalt Networks, Seagate, Creative Labs, SonicWall, D-Link, Targus, Enterasys Networks, Teac, Exabyte, Tripplite, Iomega, Kingston Technology, US Robotics, Umax, Koss, Viewsonic, Labtec, Visioneer, Logitech, Visiontek, Maxell, Maxtor, Western Digital, Microsoft, Xircom, Minolta, Yamaha, and NEC, with certain territorial restrictions.

LatinTech provides the secure logistics and on-time order deliveries by partnering with more than a dozen transportation companies including major couriers, airlines and freight forwarders, such as FedEx, UPS, GeoLogistics and AmeriJet International.

LatinTechs e-store is powered by Klatus eCom e-commerce platform, which integrates CNETs structured multi-lingual product data, real-time supplier availability & pricing information, with international logistics.

About HP

HP is a leading global provider of products, technologies, solutions and services to consumers and businesses. The companys offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. HP completed its merger transaction involving Compaq Computer Corp. on May 3, 2002. More information about HP is available at http://www.hp.com.

About LatinTech.net

LatinTech.net is an authorized Ingram Micro and Tech Data reseller specializing in Compaq and HP products sales throughout the Caribbean and Central America. LatinTech is headquartered in Miami Florida. For additional Information, contact LatinTech.net at info@latintech.net, by telephone at +1.305.477.1767 or visit our website at: www.latintech.net

For Information about Ingram Micro and Tech Data, please visit www.ingrammicro.com and www.techdata.com. For information about Compaq Computer Corporation and HP, please visit www.hp.com, For information about FedEx, UPS, GeoLogistics and AmeriJet, please visit www.fedex.com, www.ups.com, www.geologistics.com and www.amerijet.com. For information about Klatu Inc, please visit www.klatu.net