Features - Financial Plays Of The Week:

STORAGE ACCESS CHANGES NAME TO BluePoint DATA STORAGE

BluePoint Data Storage Inc, formerly Storage @ccess Technologies Inc, announced recenly that it has completed its previously announced name change and 6:1 reverse stock split. BluePoint's post-reverse split shares began trading on the TSX Venture Exchange today under the symbol "BLP".

As a result of the reverse stock split, share certificates representing pre-reverse split shares are no longer good delivery. Shareholders will receive a letter of transmittal, which is to be completed and returned to the Company's transfer agent with their old share certificates in order to receive certificates for post-reverse split shares. Equity Transfer Services Inc has been retained to manage the exchange of stock certificates.

"As we begin 2003 we find ourselves with a new corporate name, poised and positioned for unprecedented growth in the new year," said Paul Sachse, president and CEO. "It has required some heavy lifting in this very tough economy," continues Sachse, "but with 3 consecutive months of reaching our revenue targets, our average deal size growing, and nearly all of our revenue being derived from the installation or initiation of recurring revenue contracts, we are executing the recurring revenue business model promised to our investors while delivering cost-relevant services to our customers."

"Our channel remains very important to us, but our successes in medium and large enterprises have truly propelled our growth," proclaimed Matthew Haynes, VP Sales and Marketing. "Our new corporate identity and our DataSafe suite of business continuance services have been very well received in the marketplace, as evidenced by recently acquired customers."

Customers Praise DataSafe

BluePoint's DataSafe suite of data availability and data recovery services provides businesses with scalable, managed storage services, and delivers them on a monthly subscription basis.

"If you're looking at upgrading and maintaining your own tape backup system, you should look at Bluepoint's DataSafe service instead. Compared to the costs (and frustrations) of managing our own back-ups in house, we found DataSafe to be a no-brainer," stated Bret Stenhouse, Director of Information Technology with Charleston, SC based RealtiCorp.

"BluePoint's DataSafe service allows us to aggregate data from multiple offices to a secure, offsite facility. From an I.T. perspective, this approach to back-up and restore centralizes our storage management processes, and simultaneously provides us with a disaster recovery plan for our critical data," states Tom Benstein, CTO of JKG Group Inc in Boca Raton, FL.

As a result of the reverse stock split, the Company has 8,571,704 common shares issued and outstanding.

Contact: Matthew Haynes of BluePoint Data Storage Inc, 561-417-0324x134, salesinfo@storageaccess.com.