F.GEMS: MICROS to GO!...

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iftp nes...Friday January 12, 2:24 pm Eastern Time
Press Release
Infotopia, Inc. Announces Stock Buyback
Estimated 12 Million to be Used for Repurchase of Stock Over the Next 18 Months
BOSTON--(BUSINESS WIRE)--Jan. 12, 2001--Infotopia, Inc. (OTCBB:IFTP - news) announced today that the Company intends to launch an official Buyback Program of the common stock of the Company. The Buyback Program will begin in the coming months as cash flow from profits becomes available. The Company is planning to utilize a minimum of 20% of its future profits to repurchase the common stock of the Company and retire it to the Treasury.

The Company is projecting in excess of 60 million in profit over the next 18 months. This will allow the Company to utilize approximately 12 million dollars for the purpose of repurchasing its common stock. The Buyback Program will occur in a slow but steady process over the entire 18 months.

Daniel Hoyng, Chairman and CEO of Infotopia stated, ``The Board of Directors of Infotopia, Inc. believes that this Buyback Program will help to minimize any further dilution of the Company. It is very exciting to see the Company performing so well, thus allowing us to increase shareholders value by establishing the Buyback Program.''

ABOUT INFOTOPIA

The Company's mission is to produce, market, and distribute an expanding line of high-quality, innovative health, fitness and consumer products. Infotopia seeks out products that deliver superior value, outstanding quality, and competitive prices to best satisfy customer demand. The Company markets its products to consumers through a variety marketing channels, including infomercials, distributor alliances, and Internet e-commerce. The management at Infotopia is committed to increasing corporate revenues and profits. The company's website is located at http://www.infotopia.tv.

This news release includes ``forward-looking statements'' that include risk and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the Company's ability to produce and market products and/or services and other risks detailed from time to time in their Company's reports filed with the Securities Exchange Commission.


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Contact:

OTC Relations
Robert Tilton
609-888-4111
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