INFe, Inc. Announces 1 Global City, Inc. as New Client
For Business and Financial Advisory Services
INFe Takes Minority Equity Stake in Firm

Falls Church, VA - March 18, 2002-INFe, Inc. (OTC-BB-INFE) an investment banking and business advisory services company for emerging technology firms, announced today that it has signed an agreement with 1 Global City, Inc. to provide business advisory services that will include introducing the company to outside sources of capital and positioning the company to become a publicly-traded entity. INFe will take a minority stake in the company as part of the compensation for its consulting services.

1 Global City is a Florida-based technology, media and software company offering high margin products and services including: proprietary web based Cold Fusion software, extensive multimedia, IBC's (CD ROM's the size and shape of a business card), and on- location hosting through the Company's wholly-owned global data center. For more information, visit http://www.1globalcity.com.

1 Global City President and CEO J. Stuart Grant said, "We have taken an important step to further our growth plans by signing an agreement with INFe to advise us on how to best position our company for outside investment and for becoming publicly-traded. We have seen how quickly and successfully they have performed in this area for other technology firms and are enthusiastic about working with them."

Tom Richfield, INFe President and CEO stated, "1 Global City is the model firm for INFe advisory services-they have products, customers and revenues starting to flow. We are enthusiastic about our new role in providing strategic consulting services, and as a minority equity holder, we are closely committed to their future success."

INFe accelerates the growth of emerging technology companies with a portfolio of investment banking and business advisory services known as INFe-StructureTM. From introductions to investment capital resources to strategic positioning to become publicly-traded, INFe services optimize the financial success and shareholder value of a company. For more information, visit www.infe.com.

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Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. INFe disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.