Laguna Niguel, Calif. – May 15, 2000 – AMULET Development Corp. is very proud to announce its participation and representation of eCriteria at VentureNet 2000. The Internet industry conference will be held May 30 and 31, 2000 at the Ritz-Carlton Laguna Niguel in Dana Point, California. The show is sponsored by the Software Council of Southern California. Exclusive VentureNet 2000 information and registration application can be found at the organization’s web site address: www.venturenet.org.

VentureNet is the nation’s first Internet Industry Conference to focus exclusively on creating opportunities for emerging Internet/multimedia companies and to acquire not only funding for growth and development, but to also showcase upcoming technologies. AMULET is seeking venture funding for its new Web database publishing service, eCriteria.

This year will mark the fifth anniversary for the VentureNet Conference. Its target audience will include: Access Providers, Content Providers, Community Developers, Financial Services, Electronic Commerce Providers, Service Bureaus, Software Entrepreneurs, Software Tools Companies, Investment Bankers, and Venture Capitalists.

VentureNet 2000 promises to bring together an unparalleled group of industry leaders from venture capitalist communities to network and exchange insights into the latest industry trends as well as future projections.

The program scheduled for this year will feature twelve hand-picked companies presenting their business and financial plans for the purpose of gaining increased attention and support. AMULET Development Corp. will be showcasing its new Database Service Provider (DSP), eCriteria, in the conference exhibition area. eCriteria is AMULET’s most recent in-house project using proprietary technology. The product is currently in a beta-test period, with the prototype site located at www.amuletc.com/eCriteria. A broader test program shall be launched during mid-June 2000.

Among some the impressive keynote speakers/presenters are: Art Berg - President of Invictus Communications, Inc., Melanie Griffith – actress and Managing Director and Partner of OneWorldLive.com, and Mark Tolliver - President and General Manager of Sun-Netscape Strategic Alliance.

"We’re very excited about our selection for the VentureNet 2000 venture conference, " says Dan D. Gutierrez, AMULET’s founder and CEO. "We feel that the technology we pioneered for eCriteria as a specialized ASP for database Web content holds much value for a potential investor, and our participation in the VentureNet 2000 show shall provide the venue we need for presenting to a very high profile group of venture capital groups."

About AMULET Development Corp.

Founded in 1984, AMULET Development Corp. is an internationally recognized Web database and e-commerce development firm. The founder and CEO, Mr. Dan D. Gutierrez, has authored several computer books including Web Database Development for the Windows Platform, published by Prentice Hall, 1999.

AMULET currently has a staff of 10 developers working on a wide variety of client industries and projects. The company also maintains an East Coast sales and business development office in Cambridge, MA. AMULET uses the latest software development technologies and tools such as the Microsoft IIS Web server, Microsoft Access, Visual Basic, and SQL Server. The company specializes in Web database connectivity and e-commerce solutions using the Microsoft Active Server Pages (ASP) platform, Cold Fusion, as well as the Java language.

AMULET is also in the process of securing venture capital funding to bring to market a unique Web database publishing service, eCriteria. AMULET is headquartered in Culver City, California. AMULET’s Web site is located at: www.amuletc.com.