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December 12, 2002

FOR IMMEDIATE RELEASE

DXSTORM COMPLETES ACQUISITION OF 5CLICK

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TORONTO, ONTARIO, December 22nd, 2002 -- DXStorm.com Inc. (TSX Venture Exchange: DXX) ("DXStorm") today announced that with final approval granted by the TSX Venture Exchange on December 10, 2002, it has completed the purchase of all the outstanding shares of Vancouver, BC based 5click (3697932 Canada Inc., "5click").

A total of 217,800 common shares of DXStorm were issued at a deemed value of $1.30 per share in exchange for all outstanding shares of 5click. Shares issued in connection with this transaction are subject to a four month regulatory hold period. The total number of outstanding shares of DXStorm following this transaction is 8,022,200.

5click is an E-Commerce Service Provider and was a direct competitor of DXStorm. The operations of 5click have been moved to Ontario where 5click staff and management have now officially joined the DXStorm team as the companies merge their clients and technologies.

"Integration of 5click's key personnel, clients, products and services into the DXStorm operations has proceeded well ahead of schedule," stated Tony Zaine, former 5click President. Mr. Zaine is now Managing Director Operations for DXStorm.

"The resulting synergies have greatly increased our combined ability to leverage our partnerships with some of Canada's leaders in e-business, including Vidéotron Télécom Ltéé (a division of Quebecor Média Inc.), Canoe.ca, Primus Telecommunications Canada Inc., American Express Canada, and others."

"The combination of complimentary and new technologies brought to us by 5click are valuable additions to the DXStorm suite of services," commented Mr. Popovic, DXStorm President and CEO. "We are pleased to welcome 5click clients and staff as new members of the DXStorm family."

About DXSTORM.COM Inc.
DXStorm is a profitable E-Business Engineer and Service Provider consolidating and leveraging the assets, intellectual properties, and capabilities of the original DXStorm e-commerce systems and an expanding number of acquired and developing technology business units. Innovative services from DXStorm include: E-Commerce Solutions for small-to-medium businesses, Custom E-Business Engineering and Development, Network Services and Security, Enterprise Hosting and Co-location, Streaming Media and Conferencing Services, and Web Integrated Event Ticketing Systems. Additional services are being prepared for launch in upcoming quarters.

ABOUT 5CLICK
5click is an electronic commerce software developer and Application Service Provider (ASP) with applications servicing small- to mid-sized and enterprise-level clients. 5click has been developing products and services that provide companies with the ability to initiate, design, deploy and maintain online commerce initiatives since 1996.

DXSTORM.COM Inc. Contact:
Gregory Lowes - Tel: 905-842-8262 ext 239 - gregory@dxstorm.com
Zoran Popovic - Tel: 905-842-8262 ext 252 - zoran@dxstorm.com

The Canadian Venture Exchange has neither approved nor disapproved the contents of this press release.


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