MAJOR FUNDING OPENS NEW DOORS FOR ROOMMATEACCESS.COM

For Immediate Release:
Contact: Steve Dubin, (781) 878-9533, sdubin@prworkzone.com

MAJOR FUNDING OPENS NEW DOORS
FOR ROOMMATEACCESS.COM AND APARTMENTACCESS.COM

DATELINE: BOSTON, MA, ISSUED: DECEMBER 26, 2000...
LifeAccess.com, the parent company of RoomMateAccess.com and ApartmentAccess.com based in Boston and serving more than 250 cities across the U.S., has received substantial venture funding from Provident Capital Partners, LLC. The initial capital infusion was $1.2-million. A second round of investment is already committed based on a pre-money valuation of $10-million for the fast-growing Internet based company.

"Although many investors are running away from dot com ventures, we see RoomMateAccess.com and ApartmentAccess.com as a business model which is already profitable and accepted by a general public that is desperate to simplify the roommate and apartment finding function," noted Robert Ciardi, Managing Partner of Provident Capital Partners, a Boston-based investment banking and venture capital firm.

Today's young professionals are scrambling to locate and afford lodging within the city limits and beyond. As more people call major cities "home," the race to locate and afford lodging is extremely competitive. With rent increasing over the past three years to phenomenal rates, even a humble studio apartment is both a challenge to find and afford for many young professionals. Fortunately, RoommateAccess.com and ApartmentAccess.com assist accommodations-hunters and lodging-listers with the latest innovation in technology. RoomMateAccess.com and ApartmentAccess.com are currently helping more than 100,000 people find affordable, comfortable apartments without paying high broker fees.

Bob Khederian, Managing Partner of Provident Capital Partners, notes, "We have seen LifeAccess.com grow from a simple idea to a company that continues to expand revenues and profitability, improve upon technology to meet a growing customer base, and recruit technologically savvy and enthusiastic staff to keep up with the exponential growth. The business model of circumventing the broker for a more streamlined response and discounted transaction is a business model that is working across many industries and we think that trend is here to stay."

Founded in May of 1997, ApartmentAccess.com and RoomMateAccess.com assist housing-hunters with the latest innovation in technology. Launched in response to soaring rent, this website provides a fast, efficient and inexpensive option to the high cost of real estate agents and the time-consuming task of searching by oneself, as well as the often-times difficult task of finding a compatible roommate.

Before starting ApartmentAccess.com and RoomMateAccess.com, Nelson Rodriguez, CEO of LifeAccess.com, landed his professional start as the chief architect for Donaldson, Lufkin and Jenrette Securities Corporation (DLJ), where he played a major part in developing one of the nation's first online stock trading services. A pioneer of online discount brokerage, DLJDirect effectively cut out brokers and made trading easier for consumers and profitable for the company.
"We understand people today have extremely busy lives; people today are all about streamlining. DLJ is a huge success because it allowed people to take more control of their lives and on their own terms. We've applied the same concept to the housing market, " 30-year-old Rodriguez said. "We do all the time-consuming work, allowing people to focus on other aspects of their lives. We are determined to be the nation's premier Internet resource for apartment location and roommate matching. Expanded funding and building a presence in new and major cities enables us to build upon our successful track record."

HOW DOES IT FLY?
For a one-time nominal membership fee, currently being waived in many cities new to the service, RoommateAccess.com offers individuals seeking a roommate or a room the ability to cross-reference all of their preferences to find their ideal living arrangement. An update only of rooms and roommates meeting selected criteria is forwarded to customers usually on a daily basis until a suitable arrangement is found. Detailed information and photos of listed apartments can be viewed by logging onto the company's Web site at www.roommateaccess.com. Advertising a room listing is free, however listers may choose to upgrade their account to receive contact information for a small fee. Nearly 95 percent of customers find a roommate in less than two weeks.

WHERE DOES IT TAKE OFF?
All over the United States, the Web site is taking heavy hits and serving people looking in the following cities and areas, listed by state: ALABAMA: Decatur-Florence-Huntsville-Gadsden area, Birmingham Metro area, Montgomery, Columbus, Tuscaloosa-North Point area, Auburn-Opelika area, Mobile; ARKANSAS: Fayetteville-Springdale-Rogers-Jonesboro Harrisburg-Blytheville area, Little Rock, Fort Smith area, Pine Bluff, Texarkana area; ARIZONA: Phoenix, Tucson; CALIFORNIA: Sacramento, San Diego, San Francisco, San Jose, Santa Barbara, Los Angeles, Orange County, Bakersfield, Fresno, Redding-Eureka-Oroville area; COLORADO: Boulder, Colorado Springs, Denver, Pueblo; CONNECTICUT: Hartford; FLORIDA: Orlando, Fort Lauderdale, Fort Meyers-Punta Gorda-Naples area, Tallahassee, Tampa Bay, Fort Walton-Panama City-Pensacola area, Gainesville, Miami; GEORGIA: Atlanta, Macon, Dublin, Savannah; HAWAII: Honolulu; IDAHO: Boise-Chubbock-Twin Falls area; ILLINOIS: Chicago, Springfield, Peoria-Bloomington Decatur-Champaign area; INDIANA: Evansville, Gary-South Bend-Ft. Wayne area, Indianapolis; IOWA: Waterloo-Cedar Falls area, Sioux City area, Cedar Rapids-Iowa City-Muscatine area, Des Moines; KANSAS: Kansas City, Topeka, Wichita; KENTUCKY: Lafayette, Louisville, Lexington; LOUISIANA: Shreveport-Ruston-Monroe area, Natchitoches-Alexandria-Ville Platte-De Ridder area, Baton Rouge, Lafayette-Rayne-Lake Charles area, New Orleans; MARYLAND: Baltimore, Salisbury-Cambridge area; MASSACHUSETTS: Boston, Springfield; MAINE: Presque Isle-Caribou area, Bangor-Veazie-Orono area, Portland; MICHIGAN: Detroit, Marquette-Ishpeming-Yalmar area, Alpena-Cadillac-Traverse City-Bay City area, Grand Rapids, Lansing-Flint-Benton Harbor-Jackson area, Twin Cities; MINNESOTA: Grand Forks-Duluth-Cloquet area, Rochester-St. Peter-Mankato area; MISSOURI: St. Joseph, St. Louis, Colombia-Jefferson City area, Joplin, Springfield; MISSISSIPPI: Greenwood-Grennville area, Jackson, Biloxi-Gulfport-Pascagoula area, Hattiesburg; MONTANA: Helena-Missoula-Great Falls-Butte-Bozeman area, Billings; NEBRASKA: Omaha, Lincoln, North Platte; NEVADA: Las Vegas,
Reno; NEW HAMPSHIRE: Manchester; NEW JERSEY: Atlantic City, NEW MEXICO:
Las Cruces; NEW YORK: Albany, Albuquerque, Buffalo, New York, Watertown area, Rome-Utica-Ilion area, Elmira-Binghamton area, Rochester, Syracuse; NORTH CAROLINA: Asheville, Charlotte, Greensboro, Winston-Salem, Wilmington, Greenville, Raleigh; NORTH DAKOTA: Bismark, Fargo; OHIO: Cincinnati, Cleveland, Columbus, Toledo-Oregon-Youngstown area, Dayton-Springfield-Zanesville area, Huntington; OKLAHOMA: Oklahoma City, Tulsa, Lawton; OREGON: Eugene, Portland, Salem; PENNSYLVANIA: Harrisburg, Scranton-Williamsport area, Erie-Corry-Meadville-Greenville area, Philadelphia, Pittsburgh; RHODE ISLAND: Providence; SOUTH CAROLINA: Spartanburg-Greenville-Chester-Clinton area, Columbia-Aiken-Sumter area, Coastal Region; SOUTH DAKOTA: Rapid City, Sioux Falls; TENNESSEE: Knoxville, Chattanooga, Jackson, Memphis, Nashville; TEXAS: Austin, Amarillo-Lubbock-Wichita Falls area, Dallas, Houston, San Angelo-Odessa-Midland-Abilene area, Waco, Tyler-Lufkin-Beaumont-Nederland area, Laredo-Harlingen-Victoria area, Brownsville, Corpus Christi, El Paso, San Antonio; UTAH: Salt Lake City; VERMONT: Burlington; VIRGINIA: Hampton Roads, Roanoke, Richmond; WASHINGTON: Seattle, Spokane, Richland-Pasco-Kennewick-Burbank area; WEST VIRGINIA: Wheeling-Weirton-Parkersburg-Marietta-Clarksburg area, Charleston-Joplin-Edgewood-Kanawha area, Bluefield-Beckley-Oak Hill area; WISCONSIN: Wasau, Eau Claire, Chippewa Falls, Stevens Point, Green Bay, Appleton, Oshkosh, Sheboygan, La Crosse, Madison, Milwaukee; WYOMING: Casper, Cheyenne; WASHINGTON, DC.

For more information about RoommateAccess.com and ApartmentAccess.com, call them toll-free (866) 823-2200 or (617) 227-6500, e-mail them at sales@AptAccess.com or visit the company's web site, www.RoommateAccess.com. LifeAccess.com is located at 189 State Street, Boston, MA.

EDITORS-

To arrange for an interview with Nelson Rodriguez, CEO of Apartment Access, Inc., please contact Steve Dubin, PR Works at (781) 878-9533 or sdubin@prworkzone.com. Additional background and photographs are also available.