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ACEN - American Construction Exchange Network, Inc.

June 6th, 2001

ACEN is an information technology company devoted to the construction industry. www.ACEN.com contains an expertise locator and five, 2-way exchanges tailored to the needs of the construction industry. ACEN subscribers use the site to find and communicate with specialist designers, engineers, owners and builders. ACEN also builds custom websites with database software to enable its clients to manage contacts, documents, portfolio items, building projects and other information online. ACEN's mission is to be the Internet Guide for the construction industry, enabling this $3.7 trillion industry to use the unique power of the Internet to share information instantaneously, universally and free.

ACEN is seeking $300,000 of equity capital to support investments in proprietary software, a data center, and the creation of a standardized curriculum for training and supporting Internet Guides, the company's sales persons. By the fourth quarter, ACEN will be ready to scale into adjoining metropolitan areas. Local Internet Guides will sell ACEN software and subscriptions. Development, hosting and marketing support will be provided via the Internet from ACEN's base in Buffalo.

ACEN is a three-year old company with over 250 customers and rapidly rising revenues. Start-up capital has been provided by founders and local angel investors.

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