Bentley Communications Corp. (fka BTLY)

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Bentley to Acquire Kryptosima
Business Editors & E-Commerce Writers

LOS ANGELES--(BUSINESS WIRE)--July 31, 2002--Bentley Communications Corp. (OTCBB:BTLY) announced today that it has signed a Letter of Intent to acquire Kryptosima LLC, a Georgia-based company that is engaged in the business of providing software and online Internet transaction delivery services that enable financial transactions via the Internet using ATM, debit and credit cards.

Kryptosima was launched in January 2000 to develop new Internet payment methods. Kryptosima's payment gateway service, payENKRYPT, is the first system designed to enable ATM card transactions over the Internet.

"Both Bentley and Kryptosima foresee enormous benefits as a result of this acquisition," stated Gordon Lee, President and Chairman of Bentley. "Bentley's main focus, the securities industry, is one of the primary markets for Kryptosima's Internet transaction services. Therefore, there is tremendous synergy in combining the two entities."

"Kryptosima is working diligently with Bentley to bring this acquisition to fruition," concurred Harry Hargens, President of Kryptosima. "The online securities market has the potential to generate very significant transaction revenues for us. We hope to provide an array of complementary services that have significant `value add' and therefore rise above commodity pricing for generic transaction processing. Also, proving our capabilities in this demanding market will provide us with a springboard into other markets with high growth potential."

"As part of this transaction, we are making plans for corporate restructuring at Bentley," added Lee. "Once the definitive agreement to acquire Kryptosima closes, I will step aside as President and CEO of Bentley to allow the position to be filled by Mr. Hargens, who has a solid background in the transaction industry."

About Bentley Communications Corporation

Bentley's focus is on the implementation of services such as Internet payments via an ATM/debit card from home or office, for the online trading of securities. With Bentley's system in place, the brokerage client's funds will be immediately available for trading, or any other capital-related brokerage transactions as we apply the ATM@Home(TM) system to the online brokerage community.

Bentley is negotiating online brokerage and clearing firm agreements in order to further its mission that targets transaction-based revenue from the fast-growing online brokerage community. This mission includes the issuance of co-branded debit cards tied to Bentley's unique ATM@Home(TM) system. For additional information, see www.Bentleyclearing.com.

About Kryptosima

Kryptosima was founded in January 2000 to develop new Internet payment methods. Kryptosima's founders all have 18 to 30 years of experience developing and marketing services, software and/or hardware for the U.S. banking industry. Their experience has primarily involved credit card processing, ATM card processing and home banking. payENKRYPT(TM) is one of Kryptosima's patent-pending services for online payments. For additional information, see www.Kryptosima.com.

Forward-Looking Statements

Certain statements in this news release may constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risk, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward-looking statements to differ materially from the forward-looking statements.

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CONTACT: Bentley Communications Corp.

Gordon Lee, President, 310/445-2599

[e-mail]

Lori Serafino, Vice President, 858/847-0139

www.bentleyclearing.com

or

Kryptosima

Harry Hargens, President, 770/471-4944 (Corporate)

[e-mail]

Gerry Gay, VP Sales & Marketing, 201/447-9190 (Sales)

[e-mail]

www.kryptosima.com

KEYWORD: CALIFORNIA GEORGIA

INDUSTRY KEYWORD: INTERNET E-COMMERCE BANKING MANAGEMENT CHANGES SOFTWARE MERGERS/ACQ

SOURCE: Bentley Communications Corp.

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