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Bernard Ng

01/16/02 2:44 PM

#1241 RE: alexed #1240

DCUT PR, I like the chart you posted from yesterday, now comes the news LOL. I guess it's worthwhile to keep it on the news alert screen. 0.20x0.25 now... big spread.

(COMTEX) B: DICUT INC - Signing of Sales Contract Through National Data
B: DICUT INC - Signing of Sales Contract Through National Data Inc.

New York, New York, Jan 16, 2002 (Market News Publishing via COMTEX) -- Dicut,
Inc. announces the signing of a sales contract through its wholly owned
subsidiary, National Data Inc.

The sales contract is between National Data and Foster Information Technology of
Woodstock, Georgia, wherein FIT has agreed to promote and sell National Data's
services as part of its product portfolio. FIT, based in Atlanta, Georgia,
specializes in IT Integration and Internet Web Development and provides services
to the Georgia Institute of Technology and the Georgia Department of Education
among other companies. FIT has signed a one-year contract with National Data
with revenue guarantees of $12,000 per month in the first quarter, increasing to
$48,000 per month by the fourth quarter.

"This contract is the first in a long line of similar agreements which are
currently being negotiated and which will be announced as they are signed
. Such
agreements should assist National Data to be in a strong revenue position
beginning in the first quarter of this fiscal year" stated Pierre Quilliam,
President of Dicut.

National Data located in Marietta, Georgia, provides products and services used
in secure backup, disaster recovery, remote monitoring and IT auditing. National
Data is a wholly owned subsidiary of Dicut Inc.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: The statements contained herein which are not historical are
forward-looking statements that are subject to risks and uncertainties that
could cause actual results to differ materially from those expressed in the
forward-looking statements, including, but not limited to, certain delays beyond
the company's control with respect to market acceptance of new technologies or
products, delays in testing and evaluation of products, and other risks detailed
from time to time in the Company's filings with the Securities and Exchange
Commission.


CONTACT: TEL: (905) 947-9925 Pierre Quilliam, DICUT Inc.

TEL: (770) 952-2654 Raj Kalra, DICUT Inc.


MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.

(C) 2002 Market News Publishing Inc.

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KEYWORD: New York, New York

signed,
Bernard