Blue Waters Management, Inc.
1405 Xenium Lane
Mail Stop 2K036
Plymouth, MN 55441

For immediate release
March 15, 2003
Contact:
Kathy Swanson
Blue Waters Management, LLC
(763) 212.6911
kathy.swanson@bluewatersmanagement.com

Blue Waters Management Joins Forces With iPass, Inc. To Resell Virtual Network Services

Plymouth, Minn. - January 20, 2003 - Blue Waters Management, LLC announced an agreement today in which Blue Waters Management will offer its customers iPass Corporate Access™ using secure connections over the Internet via toll-free or local lines. This agreement, which also leverages each company’s relationship with enterprise companies, is expected to result in thousands of users dialing up the easy-to-implement and manage iPassConnect™ remote access client.

"iPass provides our customers with a powerful application that enables customers to be more productive," said Keith DeStasio., CEO of Blue Waters Management. "iPass Corporate Access is a next generation service that enhances our business model, further positioning Blue Waters Management, LLC as a leader in offering next-generation solutions."

Blue Waters has begun offering iPass services to its customers in Minnesota and plans to widen distribution later this year. The company will soon offer a managed hosted version of iPass for businesses interested in the ASP model. iPass offers the world's largest remote access network of ISDN, PHS, Wi-Fi and wired broadband access points in 150 countries. Access to the network is available through a single client interface, iPassConnect, which is compatible with multiple devices including laptops, PDAs and desktops. The award-winning iPassConnect client software provides interoperability with leading personal firewall, anti-virus and VPN solutions, including those from Cisco Systems, Nortel Networks, Microsoft, Check Point, ISS, Intel and Lucent. iPass users receive the reliability and redundancy benefits of the iPass service together with the security features of their personal firewall and VPN platforms.

For more information on Blue Waters Management, visit the companys Website at http://www.bluewatersmanagement.com or call 763-212-6911.

About Blue Waters Management
Founded in 2001, Blue Waters Management is a cooperative of non-competitive businesses that together share, buy and sell IT Enterprise Utility services and products through large-scale, aggregated contracts. Blue Waters’ products and services improve corporate profitability by bringing next generation infrastructure capabilities to enterprise customers at substantial cost savings. Blue Waters’ Enterprise Utility Service is a “metered” family of services that combine all the attributes of a next-generation infrastructure with tools to manage and monitor usage. Companies subscribing to Blue Waters’ services pay only for the usage of their services and can adjust their “consumption” according to business demands.

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