Leasend.com, Inc.

LEASEND.COM, INC. , THE ONLINE INDUSTRIAL EQUIPMENT AUCTIONEER, ANNOUNCES ITS BUSINESS TO BUSINESS E-COMMERCE AUCTIONS Leasend.com, Inc. the On-line Industrial Equipment Auctioneer,(sm) today announced that its business to business e-commerce auction site, is fully operational and that bidding on the equipment has begun. The site features industrial equipment that has been returned from leases and is available for re-sale. The auctions will be held in a 24 hour a day 7 day a week global marketplace. Items currently being offered for auction are focused in the following industries: Printed Circuit Board Assembly; Plastic Machinery; Aerospace; High Technology Manufacturing; Telecommunications; and Machine Tools. There are already several hundred registered and approved bidders who have begun to take advantage of the service offered by Leasend.com, Inc. �Leasend.com was created to serve two communities. The end user of industrial equipment is able to purchase directly from the owner at the fairest possible price � the price created by an efficient marketplace in a unique 120-day nonstop global auction. The lessors of industrial equipment are given a one-stop shop for the liquidation of their assets and direct sale to the end user,� said William Marshall, President of Leasend.com, Inc. �I have been involved in the liquidation of leased equipment for 25 years, and the efficiencies created by this on-line community will revolutionize the industry. It is our goal to extend this type of auction to every piece of manufacturing or industrial equipment that comes off lease�. Leasend.com�s technology partner, Linhawk Technologies, Inc. is engaged in the creation of Internet auction technology, software and services. �Linhawk offers companies like Leasend.com a comprehnsive solution to its web-based auction needs� said Walter Hawkes, President of Linhawk Technologies, Inc. �We are excited to be chosen as the technology partner for what we see as an exciting, entrepreneurial company that has focused in on a fast growing section of the e-commerce market.� About Leasend.com, Inc.: Leasend.com (www.leasend.com) is a privately owned start up company located in Wilmington, Massachusetts. Incorporated in February of 1999, Leasend.com hopes to capitalize on the increasing awareness of the efficiencies of business to business e-commerce auctions to liquidate industrial equipment. Among the companies that have already placed equipment with Leasend.com for sale are Eastern Bank, Mellon Bank, United Bank of Kuwait, and Capital Leasing. Contact: William Marshall 60B Jonspin Road Wilmington, MA 01887 Phone 978-658-7041 Fax 978-658-9118 Email wm@leasend.com