DXStorm Private Placement Closed

    TORONTO, June 4 /CNW/ - DXStorm.com Inc. ("DXStorm") (TSX Venture: DXX)
is pleased to announce the closing of its previously announced Private
Placement of 8,755,000 common share units at $0.10 per Unit. Each Unit will
consist of one common share and one share purchase warrant. The warrants may
be exercised at a price of $0.12 per common share for a period of two years.
The units will be subject to a four month hold period.
    Funds from the private placement are allocated to general working

    About DXStorm.com Inc.

    DXStorm is an E-Business Applications Service Provider and Developer.
DXStorm provides Internet based solutions to businesses from turnkey e-store
solutions for small business to custom developed and implemented Web,
database, network, security, and transaction systems for any enterprise.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    %SEDAR: 00013204E

For further information:

For further information: DXStorm Contact: Diane Fisher, Tel: (905)
842-8262 ext. 229, Email: diane@dxstorm.com

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