ALLENDALE, NJ, August 12, 2003 – RICH LANZA TEAMS WITH BI3 TO PROVIDE COURSEWARE EXPERTISE FOR AUDIT INTELLIGENCE?

Audit IntelligenceÔ developer Bi3.net, Inc. has announced an agreement with Rich Lanza, CPA, PMP to provide expertise for SAS99 compliance in the Bi3 Fraud IntelligenceÔ modules. Specifically, Rich will serve as advisor for content, training and “Best Practices” guidelines as they pertain to Fraud Audits.

Rich’s experience has focused primarily on the audit market including working for KPMG Peat Marwick in their audit practice, residing on the Board of Research Advisor for the Institute of Internal Auditors,  and heading the Program Management Office for the AIPCA with focus on their Antifraud and Corporate Responsibility Program.  Recently, Rich received the Outstanding Achievement in Commerce Award from the Association of Certified Fraud Examiners for his work in integrating software into the fraud detection process.  Rich has also published several books and articles on improving Fraud and Forensic audits using Business Intelligence tools and related technology, as well as, founding a website devoted to improving the use of software in audits.

“Rich’s long history of fraud examination expertise and extensive knowledge of audit technology are critical components to the development of a true SAS 99 compliant solution to assist Auditors in meeting the new stringent requirements of both SAS 99 and Sarbanes-Oxley”, notes Warren Richman, CEO of Bi3.net. “The combination of Bi3’s technology and Rich’s methodology goes a long way to insuring that such compliance is met”.

“It is not only important to meet reporting guidelines, it is critical to identify and answer “why” situations exist. I am excited to work with Bi3 because they represent what can and should be done to help the industry meet SAS 99 regulatory mandates today. Internal Auditors, CPA firms, non-profits and public companies alike can certainly benefit from technology like Audit IntelligenceÔ,” says Rich.

Audit IntelligenceÔ provides an automated solution to transform Financial Statements from static reports into interactive tools that allow the professional to investigate beyond the numbers.  Presented in easy to understand, graphical views, Audit IntelligenceÔ can help quickly pinpoint areas of concern or unusual events in a business by identifying changes in patterns, trends or ratios.  Audit Intelligence assists organizations with meeting SAS99 & Sarbanes-Oxley regulations.

Bi3 is the leading supplier of affordable, web-based business intelligence solutions for the Small Medium Enterprise (SME/SMB) market and the professionals that service that market.

For further information, contact Warren Richman, CEO of Bi3.net at 201-934-9455 or wrichman@bi3.net, or visit the Bi3 website, www.bi3.net. For more information on Rich Lanza, visit him at www.richlanza.com and www.auditsoftware.net/community.

ALLENDALE, NJ, August 26, 2003 – XCENTRIC PARTNERS WITH BI3 TO BRING AUDIT INTELLIGENCE? TO THE CPA MARKET

Bi3.net, Inc. has announced an agreement with Xcentric, Inc., a technology consulting group, to market the Audit Intelligence? solution to the CPA community.

“With SAS 99 and SOX, the accounting industry faces tough issues. Fraudulent activity is now a key metric. CPA firms must meet the new reporting and attest regulations. However, there have been no solutions presented to the market to help firms meet these needs. Audit Intelligence is the answer,” notes Trey James, CEO of Xcentric. “We continually strive to insure that our current and future clients get the absolute best technology solutions at the most reasonable price. Audit Intelligence fits that perfectly.”

“We are delighted to welcome Xcentric to our partner family. Their reputation for excellent service precedes them. Given the similarity of our respective markets served and their commitment to quality, they are a natural fit and we are excited about our partnership.. This will prove highly beneficial to the entire community,” says Warren Richman, CEO of Bi3.

Audit IntelligenceÔ provides an automated solution to transform Financial Statements from static reports into interactive tools that allow the professional to investigate beyond the numbers.  Presented in easy to understand, graphical views, Audit IntelligenceÔ can help quickly pinpoint areas of concern or unusual events in a business by identifying changes in patterns, trends or ratios.  Audit Intelligence assists organizations with meeting SAS99 (Fraud Identification) & Sarbanes-Oxley regulations.

About Bi3: Bi3 is the leading supplier of affordable, web-based business intelligence solutions for the Small Medium Enterprise (SME/SMB) market and the professionals that service that market.

About Xcentric: Based in Alpharetta, GA., Xcentric provides peace of mind to CPA firms nationwide.  CPA firms trust and rely on Xcentric to plan technology, deploy infrastructure, maintain networks and enhance their operations.  Their technologies are leading edge, catapulting the firms they work with to the highest level of technology attainable.  Xcentric focuses on accounting firms and currently serves over 150 firms across the nation.

For further information, contact Warren Richman, CEO of Bi3.net at 201-934-9455 or wrichman@bi3.net, or visit the Bi3 website, www.bi3.net. To learn more about Xcentric, contact Garret Rutherford, Director of Sales and Marketing, at 678-297-0066, by email at garret@xcentricgroup.com or visit Xcentric at www.xcentricgroup.com.