VANCOUVER, B.C.--(BUSINESS WIRE)-Sept 4, 2001-STRATEGIC INTERNET INVESTMENTS, INCORPORATED, (the "Company"), today announced that Catherine Clarke, President and CEO of Strategic Profits Inc. ("SPI"), "traded publicly through the Company, (SPI's parent), under the symbol OSWE - OTC:BB", has been appointed CEO of Strategic Internet Investments, Incorporated. SPI has been a secure payment service provider since 1997, and provider of e-solutions since 1994.

"The Company is pleased to have Mrs. Clarke accept the CEO position for Strategic Internet Investments, Incorporated and believes that her leading experience and knowledge within the e-commerce and secure payment industry, combined with superb organizational and leadership skills, will allow the Company to reach its goals and milestones over both the short and long term", reports Mr. Ralph Shearing, President of the Company. "Catherine is a welcome addition to the senior management of the Company and we recognize her exceptional talents and are confident that her abilities will add significant value to the Company."

"Even though the market downturn has hit the hi-tech sector hard, our alliances with financial institutions, telecommunication companies and major corporations combined with our corporate global strategy and vision will allow the Company, through SPI, to capitalize on the explosive growth that will occur in the e-commerce online payment and security sector over the next five years", says Catherine , the new CEO of the Company. " This will result in maximum benefits to our corporate shareholders."

About Strategic Profits, Inc.
SPI has been providing Internet commerce solutions to small and medium enterprises, not-for-profit and charities since 1994 including secure credit card transactions since 1997. 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 Moneris Solutions and through out North American with GPS. Secure cash transactions are available through their partner, Hyperwallet.com! In 1998 SPI launched the communitystorefronts.com e-commerce pilot with their consortium partners Industry Canada, Royal Bank of Canada. Today, communitystorefronts.com is a fully commercialized portal offering online shopping, fundraising, and turnkey e-commerce solutions. http://www.strategicprofitsinc.com. Feb. 1, 2001 SPI, HP (Canada) Ltd. and TELUS announced an alliance to deliver a new generation secure Internet-based credit card payment service. . . PayPaq!

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