VOLKSWAGEN CREDIT SELECTS X/NET ASSOCIATES TO AUTOMATE ELECTRONIC LOAN DOCUMENT GENERATION

Fairport, New York -- September 6, 2001 - X/Net Associates, Inc. and alliance partner Newwwdeal.com, Inc. today announced that VW Credit, Inc., a wholly owned subsidiary of Volkswagen of America, has chosen X/Net's MetaSageŽ, eDocArchitect, and Web Front End solutions to provide automated electronic loan document generation.

eDocArchitect, powered by MetaSage, will allow VW Credit to dynamically generate custom documents for lease or loan applications. MetaSage, X/Net's proprietary application server written in Java2, provides both application and integration server features in an extremely small footprint. The Web Front End components include Java servlets that allow quick and seamless integration with existing web server applications and pages.

"We are very pleased with the confidence shown by VW Credit in selecting our products for this pilot. With our focus on simply delivering integrated solutions that work, we are anticipating this pilot will provide additional opportunities for us to extend our products within a company that has tremendous quality, brand, and vision," said Gregg Olin, CEO and President of X/Net Associates.

"Our relationship with X/Net Associates allows us to provide our customers with adaptable and flexible solutions. We are confident that VW Credit will achieve their goals for this pilot and beyond through the use of this technology," said Rick Harrison, President, Newwwdeal.com, Inc.

About VW Credit, Inc.
Founded in 1981, VW Credit, Inc. is a wholly owned subsidiary of Volkswagen of America, Inc. Operating in the United States as Volkswagen Credit, Audi Financial Services, and Bentley Financial Services, the company provides a full range of retail and wholesale financial services including retail loans, leases and balloon notes, as well as dealer floor planning, mortgages and capital loans. Currently the company has managed assets of $11.8 billion.

Volkswagen AG, headquartered in Wolfsburg, Germany is the fourth-largest producer of passenger cars in the world and Europe's largest, the Volkswagen Group delivers some 5 million cars annually and operates some 43 manufacturing facilities in 18 countries across four continents. Brands in the Volkswagen Group include Volkswagen, Audi, Seat, Skoda, Bentley, Rolls Royce, Lamborghini, and Bugatti. Volkswagen of America markets a full line of Volkswagen and Audi vehicles through a network of 603 Volkswagen and 264 Audi dealers in the United States.

About Newwwdeal.com, Inc.
Newwwdeal, an X/Net alliance partner since 1999, provides X/Net with marketing for their products into the automotive retail and finance sectors. Newwwdeal's primary offering is a unique, web-enabled, dealer-centric finance and insurance system, AutoSage. This software automates the existing sales and finance process and allows ultimate flexibility and customer satisfaction while optimizing dealer profit margin.

About X/Net Associates, Inc.
X/Net Associates, Inc. is a high-end software technology company. X/Net provides complete software solutions within the financial, insurance and securities markets. The company has been a leader in completely integrated Internet credit application processing solutions for all types of lending institutions since the 1997 release of its Web Front End software application. The company's products include CrediSphereŽ, a next-generation suite for credit origination, and MetaSageŽ, the powerful underlying technology platform that is designed to handle all common application server requirements. The company is headquartered in Fairport, N.Y., and also maintains an office in Columbus, Ohio. For more information, contact X/Net at 585-425-7047 or 888-GET-XNET or visit the company's Website at www.xnai.com.