Foxir Communications Inc announces Iconet Inc. as a new client

Foxir enters into an agreement to provide investor/media relations services to Iconet

Vancouver, British Columbia--June 23, 2002--Foxir Communications, today announced it has agreed to provide investor and media relations services to Iconet Inc. Foxir will help Iconet develop and implement a strategic communications plan that addresses multiple constituencies, including the investor relations, press and media relations.
"We chose Foxir for outstanding ability to develop strategies that span corporate marketing support, investor relations and media relations targeted at investors in public markets" said Randy Miller president of Iconet Inc. "Foxir offers expert communications advice to our management team for a variety of issues, including investor relations and financial relations."
"We are eager to work with Iconet in this key phase of the company's development," said Mr. Mehryari, principal of Foxir Communications. "Iconet is a mining company prospecting and exploring Nickel(NI), Copper(CU),Cobalt(CO)and PGE properties that can play a critical role in helping the mining sector to improve. It is important that the press and financial community understand the company."
Iconet agreed to pay Foxir Communications $2500 per month for their services over a 6 month period with an extension provision. Iconet also agreed to grant a total of 50,000 stock options.
    The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the Company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein. Further, the Company assumes no obligation to update or otherwise publicly revise the forward-looking information disclosed herein to reflect circumstances existing after the date hereof.

     ON BEHALF OF THE BOARD OF DIRECTORS of Foxir Communications
     Mr Mehryari
CONTACT: Foxir Communications Inc.,     Or         Iconet Inc.,
                604-893-7054                                     416-682-9255
                Email: info@foxir.com                            Email: info@iconet.info