PMONLINE and GTAA Partner on e-Commerce Solution for Apartment Industry

For Immediate Release, June 2nd, 2000

TORONTO, ON -- PMONLINE.COM, INC., a leading provider of e-commerce management software to landlords and suppliers in the residential property management industry, announced today that it has entered into an agreement with the Greater Toronto Apartment Association to create an environment which will enable the apartment building community to shop online, manage workflow communications, exchange information and conduct e-commerce transactions in real time.

"We are excited to have been selected as GTAA's partner for these important solutions," said Ward Sullivan, President of PMONLINE.COM, Inc.

"The apartment building industry is keen to embrace technology that reduces inefficiency and adds value to the supply chain. Our e-commerce program takes advantage of the latest communications technology while reducing product costs and the costs of purchasing. We have a solution that allows for the exchange of information with suppliers while offering a strategic advantage to all landlords. By consolidating the industry we can leverage the buying power of the group and achieve significant savings.