ATLANTA (September 26, 2000) - ForestExpress, the global business-to-business electronic marketplace for the forest products industry has selected EquipNet Direct, the online asset management company, to provide the asset exchange platform for all used equipment activity on ForestExpress' online marketplace. EquipNet Direct will provide end-to-end services tailored to the needs of the forest products community.

The EquipNet Direct platform, seamlessly integrated into the ForestExpress site, will offer ForestExpress' users a full range of EquipNet Direct services from internal redeployment and external market sales of surplus assets to equipment listings, appraisal, inventory management, refurbishment, shipment preparation and transportation. ForestExpress and EquipNet Direct will jointly develop additional used equipment services for the forest products community.

"Our market research has clearly shown that adding surplus equipment services to the ForestExpress marketplace will provide significant value to our customers," said Keith Russell, ForestExpress' CEO. "Our relationship with EquipNet Direct is the first in a series of strategic partnerships with leading companies to provide adjacent services to our core functionality."

EquipNet Direct offers the first full-service solution for the redeployment of used industrial equipment for manufacturers around the world. The company will utilize its MarketPlace technology to execute used equipment transactions on ForestExpress.com in conjunction with ARMS, Asset Redeployment Management System, EquipNet Direct's proprietary software system for internal redeployment of idle assets.

"We are proud to support ForestExpress' vision to become the leading online marketplace for the forest products industry," said Dr. Michael Raymont, CEO of EquipNet Direct. "EquipNet Direct's participation will allow users unprecedented access and end-to-end service in the redeployment and sale of their idle assets."

About ForestExpress

ForestExpress, a neutral global business-to-business electronic marketplace for the forest products industry, will bring significant value to the entire forest products industry with reduced costs, improved market transparency and an increased breadth of buyers and sellers. ForestExpress will offer buyers and sellers within the forest products industry access to purchase or sell building materials, printing and writing papers, recovered fiber and timber. The forest products e-market will debut in the fourth quarter of 2000. Leading equity partners include Georgia-Pacific Corp., International Paper, Weyerhaeuser Co. and Mead. ForestExpress is headquartered in Atlanta, Georgia. For more information, visit ForestExpress at www.forestexpress.com.

About EquipNet Direct

EquipNet Direct, Inc. provides Fortune 1000 global manufacturers and small-and medium- sized enterprises with both internal and external asset redeployment solutions. EquipNet Direct offers innovative on- and off-line solutions as well as comprehensive end-to-end service that administer buying and selling services across various industries. Industries include forestry, chemical, food & beverage, pharmaceutical, plastics and packaging. The management team includes seasoned pioneers in the industrial equipment and investment recovery arena, as well as eCommerce veterans. Visit EquipNet Direct's Web site at www.EquipNetDirect.com.

Certain statements contained in this release, including statements regarding anticipated results derived from Internet technology and implementation of an electronic marketplace, are forward-looking statements (as such term is defined under the Private Securities Litigation Reform Act of 1995) based on current expectations. The accuracy of such statements is subject to a number of risks, uncertainties and assumptions including, but not limited to, the effect of general economic conditions on the demand for pulp, paper and building products, the corresponding level of demand for and cost of paper and forest products, the effect of changes in manufacturing and distribution of competitive products, the availability of technology necessary to implement an electronic marketplace and the ability of the proposed new entity to successfully utilize and operate it, and other factors listed in the respective companies' Securities and Exchange Commission filings.

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