Y3K and Corinex Entering into Strategic Partnership to Launch Innovative Powerline Distribution Solutions for IP Telephony Servi

Y3K and Corinex Entering into Strategic Partnership to Launch Innovative
Powerline Distribution Solutions for IP Telephony Services 


BELLEVUE, WA, Feb. 23  /PRNewswire-FirstCall/ -- Y3K Secure Enterprise Software,
Inc., (OTC/BB: YTHK), an end-to-end unified communications and technologies
company announced today the signing of a Memorandum of Understanding to
integrate its IP voice telephony services and products with the Powerline
Communication products of Vancouver B.C. based Corinex Communications
Corporation. Corinex is a leading developer and manufacturer of powerline-based
connectivity products distributed in North and South America, Europe, Asia and
Australia. The MOU provides for joint marketing by Corinex and Y3K of innovative
VoIP communication solutions to their business and residential customers      
world-wide.

"The combined Y3K and Corinex product offering will exploit the emerging market
opportunity for wired and wireless IP-based telephony and data services.
Included in the product portfolio will be the hardware and software needed to
implement an integrated powerline-to-wireless-to-coax communication solution for
both residential and business environments. Coupled with our VoIP and ICS
(Integrated Communication System) platforms, it offers a complete loop of secure
data and voice communications to cost-effectively and innovatively meet the
needs of residential and business customers," stated Jon Schnelz, Vice President
of Technology for Ecuity Advanced Communications, a subsidiary of Y3K.

"With business and residential customers world-wide, this agreement with Corinex
represents a significant sales and marketing channel for our residential and
small-to-medium business customers," said Frank Maros, President of Ecuity
Advanced Communications. "We are excited to further develop this partnership in
the coming months."

"We were looking for a company we could partner with that was very advanced in
the IP telephony market space and found that with Ecuity. By adding Ecuity's
Internet voice products to our devices it will allow users the portability to
use their local telephone number anywhere in the world at a very low cost,
stated Eric Barker, COO of Corinex Communications." Corinex products are easy to
use, flexible andprovide technology infrastructure enabling fast deployment of
VoiP services without need of structured cabling. Corinex technology has been
successfully installed in major hotel chains as well as award winning
installations in educational markets such as the highly innovative Powerline &
CableLAN networked school in Madeira, Portugal (Escola Basica e Secundaria de
Machico), where over 2500 students and teachers now have Internet access in
every classroom.

The Corinex product family vastly simplifiesdistribution of data, audio and
video within premises utilizing existing electrical wiring to achieve speeds of
up to 14 Mbps for wired networks and up to 11Mbps for wireless network
applications. The joined offering will enable the partners to providecustomers
with IP telephony products and a complete technology infrastructure enabling use
of existing electrical wires in premises as the physical connection. Every
electrical outlet in the users' home or office becomes a network access or
distribution point ready for IP telephony service of Ecuity.

Y3K anticipates a development timeline of five months leading to a launch of an
integrated VoIP distribution solution in the third quarter of 2004.

About Corinex (http://www.corinex.com/)

Corinex Communications Corp. is the leading manufacturer of Powerline networking
products. Corinex's Powerline networking products enable the transmission of all
forms of digital data over a premise's existing electrical and coaxial cables,
and via wireless access points, at speeds of up to 14 Mbps. Corinex's "HomePlug
Certified" Powerline products (Ethernet, USB, & CableLAN adapters; Wireless
Access Points; Routers; Open Powerline Management software; and Diagnostic Kits)
meet stringent safety and regulatory requirements in each of the 33 countries
where they are sold, by more than 45 distributors and resellers and a growing
number of retail outlets. Corinex Powerline products are ideally suited for
networking applications in homes/small offices, enterprises, schools, hospitals,
hotels, and historical buildings. Corinex's Powerline networking products are
currently undergoing trials with leading MSOs and ISPs such as Bell Canada, Bell
South, British Telecom, Comcast, Deutsche Telecom, France Telecom, Hughes
Networks, Italian Telecom, Rogers Cable, Shaw Cable, SBC and Telus as well as
leading hot spot installers. Corinex provides integrated, end-to-end
connectivity solutions that meet the diversified needs of its customers over a
common IP-based technology platform.

About Y3K Secure Enterprise Software (http://www.ythk.com/)

With corporate offices in Bellevue, Washington, Y3K has emerged as one of the
few providers of complete end-to-end unified communication technologies for the
small to medium business market. Y3K economically delivers secure next
generation voice services, instant messaging, data transfer, long distance
plans, conference calling, internet services, WiFi solutions, and enterprise
software packages designed to meet the communication needs of today's business
world.

Through the integration of web based telecommunications and cutting edge
software technology, Y3K's unified communication solutions break down distance,
time and media barriers to allow people to communicate anywhere, anytime and
across multiple mediums.

Perfectly suited for today's geographically diverse workforce, Y3K's unified
communication solutions and software technologies allow businesses to work
smart, without barriers.

This report includes "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934. The information in this news release includes certain
forward-looking statements that are based upon assumptions that in the future
may prove not to have been accurate and are subject to significant risks and
uncertainties, including statements as to the future performance of the company.
Although the company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance that such
expectations or any of its forward-looking statements will prove to be correct.
Factors that could cause results to differ include, but are not limited to,
successful performance of internal plans, product development acceptance, and
the impact of competitive services and pricing and general economic risks and
uncertainties.

SOURCE: Y3K Secure Enterprise Software, Inc. 

DATASOURCE: Y3K Secure Enterprise Software, Inc.



CONTACT: Jennifer Stephens, Investor Relations, [phone],

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