NEET: NetCommerce, Inc. (fka NEET)

[Traderdan]

Here is some new news for shareholders in NEET. It may be possible for this one to rise from the ashes. hold your shares and call for proxies to vote with!

BW5569 FEB 26,2003 13:04 PACIFIC 16:04 EASTERN





( BW)(COMMODORE-VENTURES) Commodore Ventures NV is Planning to Acquire NetCommerce, Inc.

Business Editors

AMSTERDAM, Netherlands--(BUSINESS WIRE)--Feb. 26, 2003--As a representative of some major shareholders in NetCommerce, Inc., Commodore Ventures NV, is looking for all shareholders of NetCommerce, Inc. in order to get their proxy-votes to replace the current Management and Board of Directors and acquire the Company.
The management of Commodore Ventures NV, who has a large interest in NetCommerce, Inc., feels that they can revitalise the company and make it viable again by placing active companies in NetCommerce, Inc. and her subsidiaries. For the last two years NetCommerce, Inc., listed on the pink sheets (NEET.PK), has been a dormant company and the stock has decreased to zero. A new strategy will benefit the company as well as the shareholders.
Commodore Ventures NV is a private Venture Capital Firm, based in Amsterdam, The Netherlands, investing in non-listed-companies in exchange of their stock. The company is specialised in Private Equity. Commodore Ventures NV will soon open a new office in New York City.
The Company is planning to change NetCommerce, Inc. in a Venture Capital Boutique, based on the same businessmodel as Commodore Ventures NV, Europe, said CEO Roger de Bruin. The businessplan for the new Company will be made public as soon as Commodore Ventures NV is in control of NetCommerce,Inc.
All NetCommerce, Inc., shareholders are requested to contact Commodore Ventures NV stating their name, address, telephone number and number of shares. Commodore Ventures NV will send you a proxy-statement, ready for the shareholders signature.

For more information and proxy statements:
Commodore Ventures NV
Amsterdam, The Netherlands
Tel: [phone]
Email: [e-mail]
www.commodoreventures.nl
Investor Relations: Ilja van Houten, Roland Spek


--30--AD/ny*

CONTACT: Commodore Ventures NV
Ilja van Houten or Roland Spek, ([phone]

KEYWORD: NETHERLANDS INTERNATIONAL EUROPE
INDUSTRY KEYWORD: BANKING
SOURCE: Commodore Ventures NV