New Payment System Enables Smaller Merchants to Sell Online Using Cash

VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 20, 2000--Strategic Profits Inc. (SPI)announced today that , has they have signed a strategic partnership with Twin Lion Systems, Inc.

Through the partnership, SPI merchant packages will now bundle Twin Lion Systems Inc's HyperWallet eTailer technology. Smaller merchants until now, have been limited from selling online due to the high charges levied by credit card companies, and the risks associated with online fraud. Smaller merchants can now sell online using cash instead of credit cards.

SPI presents a unique full service offering for small to medium sized merchants and non-profits. SPI provides online secure payment, online educational training, web hosting, web design, database development, shopping cart/secure CGI order form solutions, Internet marketing strategies, digital certificates and virtually everything else that is required to help merchants and non-profits go online and achieve their goals.

Catherine Clarke, President and CEO of Strategic Profits, Inc. states, "HyperWallet is one of the most exciting payment systems we have seen in years. SPI will be able to offer charities, merchants and customers a secure, easy to use, cash online method of purchasing and receiving payment through our partnership with Twin Lion Systems Inc. HyperWallet levels the playing field as merchants will have no risk of charge-backs with cash payments, nor will they have to worry about the sometimes arduous task of applying for an Internet merchant account through a bank. They can use their existing bank account at the bank of their choice. The customer has the ease, security and privacy that has prevented many from making purchases online with credit cards. HyperWallet will expand the online retail industry".

"HyperWallet is actively pursuing partners in the merchant enabling space, like Strategic Profits, Inc. By providing them with the technical and merchant support platform to cash-enable their merchants, they are able to offer a full range of payment solutions to their clients and we are able to rapidly spread the number of merchants on board without it putting a strain on our resources." said Jennifer Cameron, Founder & CEO of Twin Lion Systems Inc. "We will continue to pursue this strategy to quickly build critical mass in merchant numbers."

About Strategic Profits Inc.

Strategic Profits Inc. has been providing Internet commerce solutions to small and medium enterprises (SME's), non-profits and charities since 1994. SPI provides full Internet service offerings including online education, web hosting and design, Internet marketing, secure shopping cart and payment order systems, as well as secure payment transactions through Royal Bank of Canada. In 1998 SPI launched the communitystorefronts.com e-commerce pilot with their consortium partners Industry Canada, Royal Bank of Canada, GE Capital, and Open Market. Today communitystorefronts.com is a fully commercialized portal offering online shopping, fundraising, web casting, and secure payment systems.

About HyperWallet

As Canada's first cash solution for online purchases, HyperWallet makes it possible for consumers to purchase merchandise online using cash from their existing bank accounts. HyperWallet adds to the convenience of shopping online by offering a unique e-tailing cash solution to consumers, merchants and financial institutions while ensuring security, privacy and confidentiality. For more information on this product, visit www.hyperwallet.com.

• OSWE holds the rights to an indirect 40% interest in SPI as well as an option to purchase an additional 35% of SPI. For more detailed information on the ownership structure, please refer to OSWE's news release # OSWE01-00 issued August 16, 00 or review the Company's recent 8K filed August 14, 2000 with the SEC.

For further information about Strategic Profits Inc.

Catherine Clarke
Strategic Profits, Inc.
(604) 684 5671 or
email: cc@strategicprofitsinc.com
www.strategicprofitsinc.com

For more information about Global Development Group Contact:

Gerard Van Der Berg
Managing Director
Global Development Group
Phone: (613) 228-5695
Fax: (613) 226-5777
Gerard@kcenter.com