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GulfNet Solutions Launches an e-Commerce Site

October 17, 2000 (Khobar, Saudi Arabia)

GNS, a leading Information Technology services firm, today announced the launch of its eStore (http://www.gulfnet-solutions.com/eStore/default.asp), an e-Commerce site with real-time credit card processing.

The site enables clients to easily order products online using credit cards. The eStore offers products from WebTrends Corporation, NetObjects Inc. and SuSE Inc.

"We are very excited about this event as the launch of the eStore marks another milestone for GulfNet Solutions" said Yousef Al Quraishi, Managing Director of GulfNet Solutions. "Using the eStore, clients will have a secure and easy way of ordering products online," added Mr. Al Quraishi.

"Security and logistics were the main focus in the development of the eStore," said Mudar Bseiso, General Manager of GulfNet Solutions. "We have used the latest security solutions offered by VeriSign Inc. We have also partnered with Aramex for shipping products to our clients," added Mr. Besiso.

The eStore was designed and developed by GulfNet Solutions in Khoabr, Saudi Arabia.

About WebTrends

Founded in 1993, WebTrends Corporation (NASDAQ: WEBT, www.webtrends.com) is the leading provider of Visitor Relationship Management and eBusiness Intelligence solutions for Internet and intranet servers and firewalls.

WebTrends offers organizations a comprehensive set of solutions that are integrated, scalable, modular, and easy to use. Products include CommerceTrends, WebTrends Enterprise Reporting Server, WebTrends Enterprise Suite, WebTrends Professional Suite, WebTrends Log Analyzer, WebTrends Security Analyzer, WebTrends Firewall Suite and WebTrends Live, the industry's first Web traffic analysis eService. They are used by thousands of customers such as ISPs, ASPs, government and educational institutions and corporate clients that include American Express, AT&T, Cable & Wireless, Comcast, Dow Jones & Company, EDS, Firstar, IBM, Microsoft, NASA, NCR, Pharmacia & Upjohn, PSINet, Verio, marchFIRST, and UUNet.

WebTrends' many strategic partners include Allaire, Cable & Wireless, Check Point Software, Cisco Systems, Hewlett Packard, Internet Dynamics, Lotus Development, Lucent Technologies, Novell, Oracle, Vignette and WatchGuard Technologies.

About NetObjects

NetObjects, Inc. (NASDAQ: NETO), an IBM affiliate (NYSE: IBM), is a leading provider of e-business solutions and services. More information about NetObjects and its products can be found at www.netobjects.com/aboutus.

About SuSE

SuSE Linux AG (www.suse.com) is the international technology leader and solutions provider in Open Source operating system (OS) software. SuSE´s unique expertise in Linux and their largest development team worldwide dedicated to Open Source software has contributed to the recognition of SuSE as a leader in Linux solutions. SuSE offers the largest support database to the public, and owns the largest hardware database in the Linux market. Furthermore, SuSE supports more hardware platforms than any other commercially available Linux distribution.

Designed for Web and enterprise server environments and efficient as a home and office platform, SuSE's distribution, surrounding features, effective configuration and intelligent design result in the most complete Linux solution available today.

SuSE Linux AG, headquartered in Germany, and SuSE Inc., based in Oakland, CA, are privately held companies focused entirely on supporting the Linux community and Open Source development. With a workforce of over 500 people worldwide, SuSE has offices all over Europe, Latin America and in the US. More than 50,000 business customers use SuSE Linux worldwide due to its stability and high quality.

SuSE contributes considerably to Linux development projects such as the Linux kernel, glibc, XFree86TM, KDE, ISDN4Linux, ALSA (Advanced Linux Sound Architecture) and USB (Universal Serial Bus).

About VeriSign

VeriSign, Inc. (NASDAQ: VRSN) is the leading provider of trusted infrastructure services to Web sites, enterprises, electronic commerce service providers and individuals. The company's domain name, digital certificate and payment services provide the critical web identity, authentication and transaction infrastructure that online businesses need to conduct secure e-commerce and communications. VeriSign's services are available through its websites (www.verisign.com and www.netsol.com) or through its direct sales force and reseller partners around the world.

About Aramex

ARAMEX International (Nasdaq NM: ARMX, www.aramex.com) is a leading provider of express package delivery, freight forwarding, logistics and other transportation services primarily to, from and within the Middle East and the Indian Sub-Continent.

Certain of the statements contained in this press release may be deemed forward looking statements. Such statements, and other matters addressed in this press release, involve a number of risks and uncertainties.

Among the factors that could cause actual plans to differ materially from these statements and other matters are the risks and other factors detailed, from time to time, in the Company's reports with the U.S. Securities and Exchange Commission, including, but not limited to, the Company's Annual Report on Form 20-F for the year ended December 31, 1999.

About GulfNet Solutions (GNS)

Please refer to the About Us page for more on GulfNet Solutions.