Y3K Secure Enterprise Software changes name to Ecuity, Inc. BELLEVUE, WA, June 3 /PRNewswire-FirstCall/ -- Y3K Secure Enterprise Software Inc. (OTC BB: YTHK.OB), an end-to-end unified communications and technologies company serving the small to medium business and residential markets, today announced that it is changing its name to Ecuity, Inc., to reflect its new leadership role in the convergence of secure next generation voice communications and data technology. Ecuity is based on the root word "cuit," which means "clear world vision." With the acquisition of the material assets of Fox Communications, the Company has been firmly positioned to supply small to medium-sized businesses as well as residential customers with communications services and products, Internet connections and data transmission. Combined with its secure and innovative technologies, Ecuity has harnessed the power of the Internet to provide businesses and residences with broadband voice communications, giving them new ways to communicate securely-and the power to stay in touch, anytime, anywhere. King Cole, president of Ecuity, Inc., said, "Ecuity's mission is to serve small to medium-sized businesses and residential users with a unified voice and data communication system that works easily, reliably and cost- effectively. By using our expertise in voice telephony and secure data transmission, we want to lead the convergence of voice communications and data technology and provide exciting new services. We have specifically geared our new services to the needs and budgets of businesses from the home office to the company with 500 employees." Ecuity Advanced Communications is the new name of the Company's telecommunications subsidiary that was formerly comprised of the material assets of Fox Communications. Ecuity Advanced Communications provides 18,000 residential and business customers with communication packages including Voice over IP (VoIP), long-distance plans as well as Internet services, conferencing services, instant messaging and data transfer and WiFi. Ecuity Technologies is the new name of the Company's technology division. Ecuity Technologies offers Ecuity Transaction Management Software, which is server-based software that helps businesses implement and maintain powerful network infrastructures for data management and manipulation, site search and navigation and communication requirements. These software applications transform a business's network into a centralized system, providing improved communications, standardization and manageability. It also provides a Secure Collaborative Communication System, which is an effective private, secure, confidential Internet-based communications system. When deployed behind an organization's firewall, either on its own server hardware, or in a secure managed hosted setting, it will provide the best features of a private network - at a fraction of the cost. Ecuity utilizes innovation, scalability and a cost-effective approach to provide flexible communications services that will allow businesses the freedom to work smart. Ecuity's allegiance to the businesses it serves redefines the role of communications partner. Visit http://www.ecuityinc.com/ for exciting new developments in the Company. About Ecuity, Inc. (http://www.ecuityinc.com/) Ecuity is a provider of end-to-end unified communication technologies for the small- to medium-business market. Ecuity uses secure next-generation voice services, instant messaging, data transfer, internet, conference calling and enterprise software to create solutions that meet the communication needs of today's business world. Through the integration of web-based telecommunications and cutting edge software technology, Ecuity 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. Ecuity has offices in Bellevue and Seattle, Washington. This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties. For more information, please contact: For Ecuity: ----------- Jennifer Stephens Telephone: (206) 210-5033 Investor Relations ------------------ Truc Nguyen VP, Investor Relations Stern & Co. Telephone: (212) 888-0044 Media Relations --------------- Stan Froelich VP, Media Relations Stern & Co. Telephone: (212) 888-0044 DATASOURCE: Y3K Secure Enterprise Software Inc.; Ecuity, Inc. CONTACT: For Ecuity: Jennifer Stephens, Telephone: (206) 210-5033, ; Investor Relations, Truc Nguyen, VP, Investor Relations, Stern & Co., Telephone: (212) 888-0044, ; Media Relations, Stan Froelich, VP, Media Relations, Stern & Co., Telephone: (212) 888-0044,

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