November 22, 2000

Mexico's Cofetel Issues Presto A License to Provide Internet Services

Presto Telecommunications, Inc., of San Diego, has been issued a concession by the Mexican federal telecommunications agency, allowing them to provide Internet services, fax, data, and audio-text services.

Presto already owns a valuable telecom license in Mexico, having been granted one of only eight "Class A" concessions by the Mexican government to install, operate and maintain a long-distance telecommunications network in Mexico.

Presto Telecommunications, Inc., is a rapidly expanding facilities-based telecommunications company, headquartered in San Diego, CA. Presto focuses on customers in the under-served, middle-sized markets across the US, Mexico and Latin America. Presto offers an integrated set of telecommunications products and services which includes an ultra-high bandwidth backbone, local exchange, high-speed data and Internet services, domestic and international long distance, and other enhanced services.

Due to the extended provisions of this license, Presto Telecommunications, Inc. is pleased to announce the appointment of Linda Haddock to President, Presto Internet Services.

Linda Haddock comes aboard following Presto's recent acquisition of Lhynx, International, Inc. Linda formerly served as the President and CEO of Lhynx, a local start-up, full-service Internet Company. Under Linda's guidance, Lhynx went from a start-up B2B to an operating Internet Presence Provider (IPP) and finally found it's niche as a one-stop Internet solutions house earlier this year. Ms. Haddock has over twenty years of business experience with an emphasis in the information systems industry. Prior to Linda's two-year tenure at Lhynx, she served as a consultant to large corporations in the technology sector. Currently, in her role as President, Presto Internet Services, she oversees the development and design of web sites and all internet services.

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