Yipes and real estate operator sign nationwide service deal

Aug. 8, 2001--Yipes Communications, Inc. announced that Shorenstein Company, a national real estate organization, has selected Yipes to serve their large portfolio of commercial office properties.

Yipes Communications, Inc., a provider of scalable bandwidth on demand, announced that Shorenstein Company, a national real estate organization, has selected Yipes as a communications provider with rights to serve their large portfolio of commercial office properties.

San Francisco-based Shorenstein Company owns and operates collectively more than 25 million square feet of prime office space nationwide. Their portfolio contains the Bank of America Center in San Francisco, John Hancock Center and Prudential Plaza in Chicago and First Union Financial Center in Miami.

About Yipes:

Yipes claims to be the first national provider of fully scalable bandwidth on demand, ranging from 1 Megabit per second to 1 Gigabit per second in 1 Mbps increments. Yipes serves 21 markets across the country with its optical IP networks. For more information, visit www.yipes.com.

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