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Press Release - August 1, 2001

NewAce Corporation
P.O. Box #456 STN MAIN
Sarnia, ON N7T 7J4
Canada

FOR IMMEDIATE RELEASE

Sarnia, ON, August 1, 2001 - NewAce Corporation today launched its global dynamic DNS service.

This enabling technology allows individuals or businesses to utilize standard dial-up and high-speed Internet access technologies -such as cable modem and xDSL- to become content providers.

"Using this technology, individuals and businesses can turn their home-computers into Internet servers, allowing [them] to run any kind of server, including a web server, mail server, or even an FTP server. Without this technology, this would only be possible using expensive dedicated Internet access", says Andre Edelman, President & CEO of NewAce Corporation.

The service allows users with changing IP addresses to create a permanent Internet Name that tracks the user's changing IP address. The user's IP address is registered by means of a small client program that runs, in the background, on the user's computer and periodically sends updates to a one or more regional control centers where the DNS database is managed.

"The advances in dynamic update technology have allowed us to provide a comprehensive, efficient and reliable service unsurpassed in the industry. Unlike many of our competitors, our distributed DNS database receives updates in real-time, providing almost instant activation of your Internet Name", says Mr. Edelman.

The service is combined with an integrated mail store-and-forward service, providing users with a backup mail server.
This ensures that no mail is lost when a user is temporarily disconnected, or a user's mail server is unavailable to handle the mail. The mail is automatically forwarded once the user is online.

A free fully functional 30-day trial is available from www.planetdns.net.

About PlanetDNS
PlanetDNS, a division of NewAce Corporation has been providing reliable Dynamic DNS and related services since 2001. Its products and services are used by individuals and small to medium-sized organizations as a cost-effective alternative to expensive dedicated Internet access. For more information, visit the PlanetDNS Web Site at www.planetdns.net.

About NewAce Corporation
NewAce Corporation applies value-added technologies to the process of bringing new information systems and services to global markets. For more information, visit the NewAce Corporation Web Site at www.newace.com.

Phone: (519) 336-4837
Fax: (519) 336-4046

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