Business Editors/High-Tech Writers

BOCA RATON, Fla.--(BUSINESS WIRE)--Aug. 29, 2001

Intraco Systems, Inc. (OTCBB:INSY)(OTCBB:INSY.OB), a leading provider of advanced speech recognition technology solutions and services, today announced that it has signed a letter of intent to merge with a privately held E-Commerce company based in Fort Lauderdale. [pilcrow (paragraph sign)] "This merger is the first step in rebuilding the Company's revenue stream and ultimately leading the Company to profitability," said Mr. Kirschen, CEO. "This transaction will bring us much needed Revenue and equity, plus access to an existing customer base that has been growing over 50% per year over the last two years. We believe that the combined entities will be able to increase this rate even more and at the same time increasing profit margins."

About Intraco Systems

Intraco is the first service provider to offer next generation voice-enabled technologies as services, including a voice-activated outbound dialer, a voice-activated auto attendant, virtual telephony services and now, as a market leader, innovative, voice-enabled yellow pages information services, all via centralized data centers, over a private, worldwide IP network. Founded in 1990, Intraco Systems, Inc. has built a solid reputation for bringing together converging voice, data and web technologies, with partners including AT&T, Motorola, IBM, Compaq, Microsoft and Cisco. For more information, contact Intraco Systems, Inc. at 3998 FAU Boulevard, Suite 210, Boca Raton, Florida 33431, USA at Tel: 561/367-0600, Fax: 561/367-9376, email them at info@intraco.com, or visit the Intraco website at http://www.intraco.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainties of future financial results, additional financing requirements, developments of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the company's filings with the Securities and Exchange Commission. All trademarks are the property of their respective owners.