Boats.com announced a strategic partnership with B24 Networks at the
Barcelona Boat Show 2001. Boats.com owns and operates Yachtworld.com the
world?s leading online marine brokerage marketplace and B24 Networks
operate similar boat sales and charter sites, Barcos24.com and
Barche24.com, in Spain and Italy.

Yachtworld.com offers yacht brokers a unique facility to list and sell
their boats to a global market through the Internet. The site is THE most
visited marine site on the web and has 50,000 boats listed by 1500
brokers. Barcos24.com and Barche24.com are owned and operated by B24
Networks - a network of national online market places throughout Europe,
with operations in Barcelona, Spain and Trieste, Italy. The initial
success of Barcos24.com in Spain led to a rapid expansion resulting in a
European platform with other sites in Germany and France.

Christopher Pommerening, CEO of B24 Networks commented, "Our partnership
with Yachtworld, the largest brokerage site in the world, will further
establish our combined network of national online market places, and offer
a complete online marketing solution to yacht brokers and dealers in Spain
and Italy".

Ian Atkins, Managing Director, Boats.com Europe said, "Our strategic
partnership with Barcos24.com and Barche24.com will allow Yachtworld to
increase its presence in the Spanish and Italian markets by offering
national understanding coupled with our international reach and
experience.

This announcement reinforces Yachtworld's position as the leading online
brokerage market place. The partnership will allow barcos24.com and
barche24.com to reach a larger international audience through Yachtworld's
global presence, while Yachtworld will benefit from B24 Networks'
understanding of the local market".