SEALAND. (5 JUNE 2000) – HavenCo Ltd., a provider of secure off-shore infrastructure for electronic business, has commenced operations in the Principality of Sealand – a made-made island fortress in the North Sea.

The HavenCo operation in Sealand will provide data co-location services to a diverse clientele that wish to operate businesses in an eCommerce friendly legal jurisdiction with strong guarantees of privacy, security, and reliability. Online trials are being conducted through July 2000 with full service expected to begin in August of 2000.

Sealand has no laws governing data traffic, and the terms of HavenCo's agreement with Sealand provide that none will ever be enacted. The HavenCo Acceptable Use Policy bans the distribution of child pornography from its servers, and prohibits use of the network to send bulk unsolicited communications or launch digital attacks against other computers or networks.

The countries that currently have the best infrastructure for eCommerce are suppressing the growth of profitable Internet business through ill conceived, constantly changing regulation and poor enforcement policies. The United States' 'Digital Millennium Copyright Act' and Britain's aptly named RIP (Regulation of Investigatory Powers) Bill are but two such examples. HavenCo's operation in Sealand offers a haven from such intrusive legislation.

HavenCo CEO Sean Hastings states "Running an eBusiness 365 days a year means that the political system needs to be at least as reliable as your computer system. Until now, eCommerce politics has not been as secure or stable as the computer systems used to run a company. We're proud to be the first to create a secure and stable environment where on-line business can flourish."

ENDS

HavenCo, Ltd. is a provider of secure off-shore infrastructure for electronic business. Using state-of-the-art technology, HavenCo is the ideal co-location partner for firms or individuals who wish to conduct their on-line affairs in a totally secure environment.

An Anguilla-registered corporation, HavenCo operates a secure off-shore co-location facility in the Principality of Sealand. Sealand has - and will never have - any laws governing data traffic.

Once out of the beta testing period, HavenCo guarantees up-front pricing on all of its co-location services. There will be no uncertainty about costs and no delays for service. Customers will be able to sign up for our services online, have their credit card processed and their server operational within one day.

For more information, visit the HavenCo web site at www.havenco.com or call company headquarters at +31 (0)20 666 1917.

Sealand was founded as a sovereign Principality in 1967 in international waters, six miles off the eastern shores of Great Britain. The Principality was originally known as Roughs Tower, an island fortress created in World War II by Britain and subsequently abandoned to the jurisdiction of the High Seas. The island fortress is conveniently situated from 65 to 100 miles from the coasts of France, Belgium, Holland and Germany.

The independence of Sealand was upheld in a 1968 British court decision where the judge held that Roughs Tower stood in international waters and did not fall under the legal jurisdiction of the United Kingdom. This gave birth to Sealand's national motto of E Mare Libertas, or "From the Sea, Freedom".

The official language of Sealand is English and the Sealand Dollar has a fixed exchange rate of one U.S. dollar. Passports and stamps have been in circulation since 1969. Contrary to many misleading websites and news articles, Sealand passports are not -nor have ever been- for sale. Anyone offering a Sealand passport for sale is selling a forgery.

For more information, visit the Sealand web site at www.sealandgov.com

Press Contact:
Director of Public Relations
HavenCo, LTD.
+44 (0)7989-402-252
[email protected]

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