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COMPANY HISTORY

The Planet Group of companies is comprised of Planet Publications, Planet Today Inc. and its subsidiary Planet America Inc. Planet publications has been in the community magazine business since 1985.

Planet Today Inc. and Planet America Inc. are essentially in the community portal business. These community portals are highly differentiated and unique in the marketplace, by virtue of how PlanetToday.com defines a community portal and the content, features, and functions it delivers.

The Planet Group has been in community-oriented business for 10 years, originally in print media (Planet Publications), but as more cost effective technology became available, PlanetToday.com evolved to take advantage of new opportunities. Recently with the advent of the internet, PlanetToday.com has migrated its business onto this exciting technology using IBM's Domino web technology to maximize the interactivity between all constituents within a community . PlanetToday.com has taken advantage of the features that the internet and IBM's Domino web technology offer to take a community newspaper business model to the next level which provides three distinct benefits:

1. Two-way interaction between PlanetToday.com and the community at large, as opposed to the old one-way, "broadcast-via-print" newspaper model.

2. The emergence of new revenue opportunities as a result of this two-way interactivity which are not available in the traditional newspaper model.

3. The possibility for unique and diverse community-originated content within each community which can be created and delivered at drastically reduced operating costs, resulting in economies of scale that are far lower than those of high-volume print.

Throughout its experience as a community oriented business, PlanetToday.com has honed a business model recognizing that a community is essentially comprised of three distinct components:

1. Private Sector
2. Non-Profit Organizations
3. Government Sector

PlanetToday.com blends all three sectors together effectively into its community sites. Failure to include ALL aspects of a community results in an experience that falls short of fulfilling all users' expectations and needs. This would detract from site 'stickiness' and deter access to potential revenue sources.

Most WWW players hock their wares from a central location without recognizing the reality of where 90% of all activities and business is done - the local community.

PlanetToday.com is founded on the local community concept and is happy focusing its efforts in local markets where 90% of commerce takes place, while leaving the big 'Net players competing for the remaining 10%.

PlanetToday.com intends to rollout 1,200 community portals that it calls Local Area Webs™ over the next 5 years. As of June 30, 2003 they had 104 such sites under construction. The state of Florida has been licensed to licensees.