OOO Epsylon Technologies SHOWS OFF "SUPER" SOFTWARE AT THE 27TH CYPRUS INTERNATIONAL TRADE FAIR

June 2, 2002, Nicosia, Cyprus - ET's foundation software - SuperBEAST and TAXXI Communicator - turned out to be big hits at the 27th Cyprus Trade Fair, May 24th - June 2nd, 2002. Based on TAXXI software, ET's break-through applications - video-on-demand (EVE) and video conferencing (VideoMost) - created significant interest, especially from several news, investment, governmental and industrial organizations.

Why? Because TAXXI software provides audio/video communications that are cheaper, faster, more reliable and can use lower bandwidths than competition, because Epsylon Video enables the new level of video quality and compression for remote viewing over the Internet and because Epsylon Video Most (both developed in close cooperation with ET's strategic partners, IDM) is the most advantageous platform for video conferencing.

Held at the Fairgrounds in Nicosia, Cyprus, the Fair had over 500 exhibitors from 1,600 companies from 40 countries who displayed an incredibly wide array of goods and services - from industrial equipment to baby items to cutting edge telecom equipment.

One of the visitors was Moscow Mayor Luzhkov who met with ET's executives and highly regarded the presentation of Epsylon made by its Chairman Alexander Sergeev and by its President, Igor Shoifot.

Located at the crossroads of both West and East, the 27th Fair brought together the major technical and industrial movers and shakers from all over the world.

ET looks forward to following up on the discussions in Nicosia and to working together with its investors, clients, vendors and partners.

OOO Epsylon Technologies:

NY, USA
Robert N. Langworthy
TEL: (212) 496-1088

Email: worthy@gis.net

Moscow, Russia
Vladimir A. Kelov
MIEE-10, Zelenograd, Moscow 103498
TEL: +7 (095) 533 2806
FAX: +7 (095) 533 2806

Email: pr@epsylontech.com

http://www.epsylontech.com
http://www.taxxi.com
Video-on-Demand demo: http://www.epsylonvideo.com
Video Conferencing: http://www.videomost.com