Y3K to Acquire Pacific Communication Systems Y3K and Pacific Communication Systems announce intention to complete acquisition of PCS by Y3K. BELLEVUE, WA, May 17 /PRNewswire-FirstCall/ -- Y3K Secure Enterprise Software, Inc., (OTC/BB: YTHK), an end-to-end unified communications and technologies company serving the small to medium business and residential markets, and Pacific Communication Systems, Inc., (PCS) a Silicon Valley ISP and WiFi provider, have confirmed their interest in completing Y3K's acquisition of PCS. Y3K had previously entered into a letter of intent to explore the possible purchase of PCS by Y3K. In the last several weeks the two companies have been working closely together to review business opportunities and to explore each other's technologies. The mutual decision to work towards completing Y3K's acquisition of PCS was based on the due diligence thus far completed and the experience of working together over the last several weeks. PCS is in the business of marketing and deploying ISP services, wireless technologies including WiFi services, and related products and services to a wide variety of client environments including commercial buildings, government applications, diversified retail locations, small businesses and residential complexes. PCS has developed certain advanced technologies, strategic configurations and delivery methodologies for enhanced security and reliability in the delivery of WiFi and ISP services. "We are very excited about the opportunity to bring together the technical expertise of PCS as well as their growing customer base, with those of Y3K," stated King Cole, president of Y3K. "We see real synergy by being able to cross-sell our advanced telephony products and services and our secure web-based communications software applications to their current and potential customers. Likewise we are excited to be able to offer the security and reliability offered by PCS to our own customers," added Mr. Cole. William F. Wiles, president of PCS, commented on the acquisition as follows: "We are very excited about the opportunity to bring these two companies together. We see it as an ideal fit of complementary communications products and services, as well as technological expertise and capability. "We anticipate that the combined strength of the two companies will allow us to significantly increase the rate at which we will be able to deploy our ISP and WiFi solutions into the market place," Wiles stated. "The PCS team has a wealth of experience and outstanding technological capability," stated Shane Smith, Chairman of the Board of Y3K. "In addition, PCS has a solid customer base that is expanding in overall size and diversifying across additional market segments. "Now that our SB-2 registration has been declared effective, we anticipate that completion of the acquisition of PCS can become the model for additional acquisitions which we hope to complete over the next year, combining additional technological expertise and a solid, growing customer base," added Smith. Final terms of the acquisition will be announced upon the completion of the acquisition. About Y3K Secure Enterprise Software (http://www.ythk.com)/ Y3K Secure Enterprise Software, Inc. is a provider of end-to-end unified communication technologies for the small- to medium-business market. Y3K utilizes secure next-generation voice services, instant messaging, data transfer, internet, conference calling and enterprise software to design solutions to meet the communication needs of today's business world. Through the integration of web based telecommunications and cutting edge software technology, Y3K economically delivers secure unified communication solutions that break down distance, time and media barriers to allow people to communicate anywhere, anytime and across multiple mediums. Y3K has offices in Bellevue and Seattle, Washington. About Pacific Communication Systems: Since 1996, Pacific Communication Systems has provided Internet business solutions focused on the business professional and corporation Internet access market. These solutions have been provided to a wide variety of client environments including commercial buildings, government applications, retail locations including coffee shops and micro-brew pubs, small businesses and residential complexes. Building on its high-speed wired and wireless connectivity that it provides to a broad customer base, PCS has worked with developers and property management companies to tailor solutions to fulfill the needs of large commercial and residential sites for both wired and wireless services. Further, PCS's solutions have been customized to provide added customer services and enhanced internal communications to large enterprises such as the fast food industry. With these enhanced solutions and services, PCS is rapidly becoming recognized as a company that provides reliable full solutions across all market sectors. DATASOURCE: Y3K Secure Enterprise Software, Inc. CONTACT: Jennifer Stephens, Investor Relations, Y3K Secure Enterprise Software, Inc., ; William F. Wiles, President, Pacific Communication Systems, Inc., Phone (408) 295-6757, Fax (408) 295-9783, Cell (408) 803-5130,

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