PrimeHoldings.com and Briza Technologies Acquire IT-Bibow, and Sign Letter of Intent for Product Development with Federal Univer

PrimeHoldings.com and Briza Technologies Acquire IT-Bibow, and Sign Letter of
Intent for Product Development with Federal University of Brazil 


SALT LAKE CITY, Feb. 26  /PRNewswire-FirstCall/ -- PrimeHoldings.com, Inc. , a
diversified holding company with early-mover initiatives in the
telecommunications and wireless auction space, and proprietary restaurant and
hospitality industries software, today announced that Briza Technologies, Inc.,
which is being acquired by TimeMarker, Inc., a wholly ownedsubsidiary of
PrimeHoldings.com, completed the acquisition of IT-Bibow INFO, Ltd., a Brazilian
information technology services company.

Briza Technologies is a Hillsborough, NJ based corporation whose primary
business is the designing, manufacturing and marketing of wireless credit card
payment solutions and Internet security devices.

"With IT-Bibow as a wholly owned subsidiary of Briza Technologies, Briza is now
commercially operational and ready to do business in Brazil.  Because IT-Bibow
's senior professional and technical executives remain in their current
positions, post acquisition, Briza will be able finalize negotiations and sign
several significant revenue-generating agreements with strategic partners in
Brazil that we have been workingon for the past several weeks. This will allow
us to roll out Briza's and IT-Bibow's proprietary products in Brazil
expeditiously," said Thomas Aliprandi, PrimeHoldings' CEO.

"Briza's proprietary technology easily lends itself to a myriad of consumer
product and service applications.  That is why the Brazilian Government-owned
Federal University of Santa Catarina wants to join with Briza to develop our
products and apply them to these diverse and specific markets. The University is
a major technological institution with extensive experience in information
technology, systems and automation," said Ivan Silva, Briza's President and CEO.
"We signed a letter of intent for this purpose and intend to have a fully
executed joint development agreement in place in March. This partnership will
assist us not only in the immediate application of our patent pending
technologies to a wider variety of products, services and customers, but will
also improve and expand Briza's range of technology by initiating new
information technology research projects directed, documented and completed by
several of the University's hand picked masters and doctoral candidates," said
Silva.

About PrimeHoldings.com

PrimeHoldings.com is a technology-oriented holding company that seeks to
introduce and bring to market new e-commerce applications and business
solutions. The Company is composed of subsidiary operations: TimeMarker, Inc.,
developer of scalable Internet exchange platform that uses wireless devices to
provide clients with an efficient means of selling time perishable inventory;
and UniQuest Communications, Inc., a provider of enhanced local and long-
distanced phone services. PrimeHoldings is traded over-the-counter under the
ticker symbol "PRIM".

About TimeMarker

TimeMarker, Inc. is one of the first to market with a scalable internet exchange
platform utilizing two-way wireless devices (e.g., pagers, PDA's, Web phones) to
provide consumers and service providers with an efficient, market based clearing
mechanism for location-sensitive, time-perishable goods and services.
TimeMarker's technology is applicable in any vertical industry with perishable
goods or services, high fixed costs, excess capacity, and hundreds or thousands
of service providers spreadacross wide geographic regions include trucking,
food services, and fleet management.

About Briza Technologies, Inc.

Briza Technologies, Inc. is a private corporation that creates and manufactures
wireless credit card payment solutions and Internet security devices. Briza
Technologies applies environmentally friendly technologies, or, if not
available, invents such technologies, to solve real and practical problems in
the credit card billing and Internet securities industries. Its current, patent
pending, products, BTSMSEF500 (an encrypted SMS data capture solution for credit
card and other financial transactions) and BT300 (an Internet security devise
that protects a company's computers against viruses, hackers, and online theft)
are currently marketed in South America.

  "Safe Harbor" Statement under the Private Securities Litigation Reform Act
   of 1995


Statements in this press release relating to plans, strategies, economic
performance and trends, projections of results of specific activities or
investments, and other statements that are not descriptions of historical facts
may be forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and
Section21E of the Securities Exchange Act of 1934. Forward-looking information
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no obligation to update these forward-looking statements. 

DATASOURCE: PrimeHoldings.com, Inc.



CONTACT:  Tom Aliprandi of PrimeHoldings.com, Inc., [phone]



Web site:  http://www.primeholdings.com/ 

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