Y3K and Fox Communications Enter Phase Two of Joint Operating Agreement

Y3K and Fox Communications Enter Phase Two of Joint Operating Agreement
Steering Committee Formed to Manage Full Joint Operations 


SEATTLE, Dec. 4  /PRNewswire-FirstCall/ -- Y3K Secure Enterprise Software, Inc.,
(OTC/BB: YTHK), a leading provider of Secure Communication and Enterprise
Software Systems and Solutions, announced today the completion of Phase One of
the Joint Operating Agreement (JOA) with Fox Communications and the beginning of
Phase Two.

As outlined in Phase One of the JOA, Y3K and Fox Communications reached the
following benchmarks: The identification and bundling of key products and
services to create a competitive edge in the marketplace, research and
development of secure unified end-to-end communication solutions, the launch of
Ecuity Home for the consumer market and support for a phased nation-wide
roll-out. Y3K and Fox have now entered Phase Two with the formation of a
steering committee consisting of top management and consultants from both
companies. The steering committee will drive the integration of full joint
development and marketing operations for their emerging line of secure
communication solutions for the consumer and small to medium size business
markets.

"Fox Communications could not be more pleased with the smooth transition into
joint operations with Y3K. Because of the level of planning and work on behalf
of Y3K and Fox, we are ahead of schedule and ready to work together under one
roof to continue to enhance and market our combined line of communications
solutions," explained Steve Forbes, President of Fox Communications. "This
allows us to continue to build on our joint vision of delivering secure,
integrated and smart communication solutions and to bring these products to
market."

"We are excited about our future with Fox Communications as our joint partner.
The combined talents of the steering committee and the resources of the two
companies will help Y3K and Fox to achieve success and reach their mutual
goals," stated King Cole, President of Y3K. "In addition to the development and
marketing of our emerging line of cutting edge products and services, more
importantly our joint operations will drive revenue for Y3K and continue
building value for our shareholders."

About Fox Communications (http://www.foxinternet.com/)

Fox Communications, located in Kirkland, Washington offers personalized
communication plans and exceptional customer service for long distance, Internet
connections, conference calling. For the past 16 years, Fox has provided
thousands of residential and business customers with competitive rates while
exceeding customer expectations. Customers are their top priority, and their
success is built on the value they deliver.

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

Founded in 1999, Y3K, Inc. initially started as a provider of Secure Internet
commerce software. Through its experience with both businesses and consumers,
Y3K has successfully made the transition to become a leading provider of secure
enterprise software. Y3K's main product is the FusionPak Suite, which includes
ICS (the most secure instant messaging (IM) system on the market today),
CommerceManager (a state-of-the-art Internet commerce engine), Market Portal, a
sophisticated business data management tool and other enterprise business
software applications.

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. 

DATASOURCE: Y3K Secure Enterprise Software, Inc.



CONTACT: Y3K Secure Enterprise Software, Inc., Jennifer Stephens,

[phone], 

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