NEXTAG NAMED TOP 100 SITE BY PC MAGAZINE

NexTag named a fascinating site to experience an online exchange for over 3 million products and services

SAN MATEO, Calif. - May 26, 2000
NexTag, Inc. (http://www.NexTag.com), the premier online exchange network, today announced that PC Magazine has named it a Top 100 Web site. This is the second time NexTag has received such honors--earlier this year Forbes named NexTag one of the best sites on the Web.

NexTag's Network of Exchanges is based on a NASDAQ-like model where all products and services are openly viewed and traded based on the current market conditions. Buyers and sellers can change their prices in real time based on supply and demand in order to close deals. Unlike auctions, exchanges enable buyers and sellers to make great deals quickly for millions of new and used products and services.

Benefits to Buyers:
At NexTag buyers are in control of the process, purchasing from the seller they choose at the price they want to offer on over 3 million new and used products-all without having to pre-commit credit card information. Unlike auctions, exchanges enable buyers to instantly compare prices-including tax and shipping-between name-brand, small business, and individual sellers and obtain information on what other buyers are willing to pay for a product, providing them with the information they need to make good purchasing decisions.

"At NexTag you are able to get a real price for a product, not just MSRP. You get a great deal from merchants you can trust," said Constantin von Wentzel, a recent buyer at NexTag. "I was able to purchase the Palm Vx for $360, which is about $50 less then retail."

Benefits to Sellers:
Unlike auctions, exchanges gives sellers more control of the process by permitting them to close a deal on their own terms within seconds and without predetermined time limits. Using NexTag's Exchange, sellers can instantly accept or reject offers, offer discounts automatically or manually, or list a product indefinitely until completely satisfied with the deal.

Benefits to Sites on the NexTag Network:
NexTag enables any Web site to establish its own Exchange for free. Web site owners can personalize the appearance of their Exchanges and tailor them for specific categories of products while earning commissions for transactions. Enabling a site with a NexTag Exchange represents an opportunity to increase a site's stickiness, monitize its traffic and build brand loyalty and community.

About NexTag, Inc.
Based in San Mateo, California, NexTag.com is a privately held company with the mission to create a network of exchanges to trade products and services. With its patent-pending technology, NexTag.com enables buyers and sellers to obtain great deals on millions of new and used products. Founded in 1998, NexTag.com is funded by Morgenthaler Ventures. To use the NexTag.com Exchange and find additional information about the company, visit www.NexTag.com.

NexTag Media Contact:
'pr' at nextag.com