V-Twin/Capture.Net Form Strategic Alliance

    NEW YORK--March 8, 2001--V-Twin Holdings, Inc., (OTCBB: VTWN) CycleClick.com subsidiary today announced an agreement to obtain exclusive rights to Capture.Net Technologies Inc., (Canadian Venture Exchange (CDNX) symbol: (YCP)) for its Retail Management System (RMS) application within the motorcycle retail industry.
    In addition, CycleClick announced the company has also negotiated an agreement in principal for the non-exclusive rights for Capture.Net's RMS application for all non-motorcycle related businesses.
    RMS is a Windows-based web enabled enterprise solution, which because of its open-architecture, can easily interface with other applications. Consisting of both BackOffice and FrontOffice modules, RMS is web-enabled and one of the few programs in the marketplace to offer true real-time transaction processing.
    RMS is designed to facilitate business-to-business connectivity and includes integrated system support for XML and Microsoft Biztalk Server. The net effect of this integrated approach is a better, more cohesive way to manage, not only point-of-sale transactions, but also CRM (customer relationship management) functions... making RMS in essence the "glue" that helps hold the business together.
    First launched in 1996, RMS now has over 4,000 licenses worldwide. Users of RMS include independent retailers and large national chains with several hundred stores.
    In commenting about this new relationship, Mr. Roger Cheek, CEO stated, "This could be the only web-based enabled solution provider that has demonstrated a strong ability to execute. We are pleased with our newest association, both as an exclusive motorcycle licensee and our non-exclusive license for other fully integrated, web enabled solutions designed for Microsoft's Windows NT/98 2000 platform."
    Mr. Roger Sholanki, President and CEO of Capture.Net Technologies stated, "We are very excited to be part of CycleClick's unique strategy for business-to-business, web-based marketplaces. The power of our combined offerings will provide a powerful solution for end-to-end transaction management, giving Capture.Net and CycleClick the ammunition to win market share in the retail industry."

    About Capture.Net Technologies Inc.

    Capture.Net is a developer of enterprise solutions for point-of-sale, customer relationship management and back office operations. Solutions focus on "click and mortar" retail chains, franchises and independents. With over 4,000 licenses worldwide, the firm's flagship product RMS (Retail Management System) provides a fully integrated web-based solution for B2B and B2C transaction management. Using object oriented technology and SQL database servers, Capture.Net provides fully scaleable, integrated solutions utilizing the most advanced industry standard hardware and software with the ability to support an unlimited number of outlets in a retail environment.
    Capture.Net has the potential to revolutionize the way retailers manage their businesses as the RMS solution is specifically designed to increase sales force productivity, streamline customer relationship management and back office operations to maximize profitability.

    About V-Twin Holdings, Inc.

    V-Twin is a business-to-business, web-based marketplace builder that integrates industry `brick and mortar' with a web-based, e-procurement system. By driving transactions into industry specific marketplaces, V- Twin can assure its marketplaces have a significant advantage over virtual distributors. In its first marketplace, V-Twin created transactions by organizing a large purchasing base and industry know-how through the acquisition of a multi-location motorcycle/powersport dealership network. Leveraging the "insider" advantage of its growing network of superstores and franchises, V-Twin with its technology partner PurchasePro.com , launched CycleClick.com, a B2B web site for retailers and manufacturers that want to increase their purchasing power and sales. V-Twin is also a Channel Partner/Reseller of PurchasePro's web-based, e-procurement system.

    AboutCycleClick.com

    CycleClick.com has created a web-based B2B marketplace serving the $35 billion powersports and motorcycle industry. CycleClick.com's goal is to return pricing power to the thousands of independent retailers, distributors and manufacturers that have been economically compromised by the traditional industry structure. It is anticipated that CycleClick.com will be an attractive alternative to its target population with its unique combination of competitive advantages: an easy-to-use web-based interface, a deep catalog of SKUs, building word-of-mouth support, first mover and "industry insider" status, and the technology expertise of PurchasePro.com (www.purchasepro.com).
    For additional information, including a copy of the updated financials for V-Twin Holdings, Inc., please visit their website: www.vtwin.net; call CFSG at 800-625-2236; or TMG at www.maranagroup.com or 407-246-1486.

    This press release contains forward-looking statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to V-Twin and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, V-Twin actual results may differ significantly from the results discussed or implied in such forward-looking statements.