Monday February 19, 7:46 am Eastern Time

Company Press Release

North American DataCom Reports Second Quarter Results: Net Revenue and Development Expenses Up

IUKA, Miss.--(BUSINESS WIRE)--Feb. 19, 2001--North American DataCom, Inc. (OTC BB:NADA - news), the Fiber Optic and Data Storage Company, announced financial results for its second quarter ended December 31, 2000. For the six-month period ended December 31, 2000, the Company reported revenues from its startup ISP and paging services of $156,373, an increase of approximately 59% over the previous year's six-month period of $98,210.

``While we are optimistic about this revenue growth, we recognize that these modest revenues are generated by locally acquired Information Technology businesses that we plan to expand as our fiber optic network is built,'' said Robert R. Crawford, chief executive officer and president, North American DataCom.

``As the network grows,'' said Mr. Crawford, ``the Company will provide Enterprise Data Storage (EDS) services and broadband wavelength services to greater segments of the Southeast United States, where we continue to see strong demand for North American DataCom's technology. With our expanding product and platforms, we are well prepared to be a leading strategic supplier of transport and storage solutions for our customers' vital business information.

``North American DataCom is positioning itself as an industry standard for data storage and broad bandwidth services, which we will provide with our own growing fiber optic network backbone. We have a highly experienced staff and remain focused to implement our business strategies as discussed in the Business Plan that we formulated in partnership with Cap Gemini/Ernst & Young, which calls for the construction of a 3,000-mile fiber optic network.''

The reported net loss for the six-month period ended December 31, 2000 was $1,802,870, compared with $427,739 for the six-month period a year ago. This loss is directly attributed to increased expenses due to the development costs for the Company's fiber optic system.

About $1,000,000 of the increase of $1,375,000 in expenses is due to greater selling, general and administrative (SG&A) costs for the six-month period. The SG&A 6-month expenses amounted to $1,513,954, compared with $524,923 over the prior period. Another $400,000 of the increase is directly due to the significant addition of management and technical staff to develop the fiber optic business. The balance, approximately $600,000, arises from increased legal, engineering and consultant expenses.

The remainder of the increase arises from the $349,063 of other expense for the six-month period ended December 31, 2000, as compared with $6,303 of other income in the same period in 1999. This expense is primarily associated with the imputed interest of approximately $365,000 relating to an acquisition agreement for 505 miles rights-of-way and fiber conduit from New Orleans to Jacksonville, Florida.

As the Company discussed in earlier press releases, it plans to announce its equity and debt capital planning for the first 550-mile segment of its 3,000-mile network as soon as they have been finalized. Discussions with funding sources are presently underway.

``The industry understands that we are making a large investment to serve the rural South,'' said Mr. Crawford. The total asset investment of the Company increased from approximately $2.5 million in December 31, 1999 to $16.8 million in December 2000.

Safe Harbor Statement

Statements in this release express management's beliefs and expectations regarding future performance. These statements are forward-looking and involve risk and uncertainties. These risks include, but not limited to, the ability to negotiate venture agreements, properly identify acquisition partners, manage and integrate acquired businesses, react to quarterly fluctuation in results, raise working capitol and secure other financing, respond to competition and other rapidly expanding technology, deal with market and stock price fluctuation, and other risks. These risks are and will be detailed, from time to time, in North American DataCom, Inc. Securities and Exchange Commission filings. Actual results may differ materially from management's expectations.

North American DataCom's principal executive offices are located at 751 County Road 989, Building 1000, Iuka, MS 38852. For further information, contact Investor Relations, 662/424-5030, and by e-mail at investorrelations@nadata.com.
____________________

Contact:

                North American DataCom, Inc., Iuka
                Investor Relations, 662-424-5030


2003-05-02
North American DataCom, Inc. (NADA), announced today that has halted its operations due a lack of funding.

2003-01-03
North American DataCom Reports Unaudited Fiscal Year 2002 and First Quarter Results

2002-05-21
North American DataCom Reports Nine-Month Results: Debt and Losses Reduced

2002-04-25
North American DataCom Announces Bandwidth Agreement

2002-04-23
North American DataCom Expands Board and Announces Revised Business Plan

2002-02-21
North American DataCom Reports Six-Month Results: Revenues Up and Expenses Down

2001-12-04
North American DataCom Announces Expansion of Internet and Data Services Business

2001-11-08
North American DataCom Acknowledges Equity Investment Support

2001-10-31
North American DataCom Reports First Quarter Results: Revenues Up and Expenses Down

2001-10-24
North American DataCom Announces Revised Business Plan

2001-10-16
North American DataCom Reports Fiscal Year 2001 Results: Net Revenue and Development Expenses Up

2001-08-28
North American DataCom, Inc. and Infusion Software Group, LLC Launch GLOBAL PTX

2001-08-07
North American DataCom Announces Management Changes

2001-05-15
North American DataCom Announces Third Quarter Financials: Net Revenues Increased by 113% and Development Expenses Up

2001-03-15
North American DataCom Enters Into Agreement for Up to $50 Million of Equity Financing

2001-03-07
North American DataCom Announces New Lease with State of Mississippi

2001-02-19
North American DataCom Reports Second Quarter Results: Net Revenue and Development Expenses Up

2001-02-15
North American DataCom Announces Interim Business Plan

2000-11-07
North American DataCom Receives Enterprise Data Storage Contract

2000-09-07
North American DataCom Announces Deployment of Microwave Tower and Right of Way Agreement With Local Railroad

2000-09-01
North American DataCom Subsidiary Announces Appointment of Gordon Evans

2000-08-22
North American DataCom Announces Fiber Optic Conduit Agreement

2000-05-12
North American DataCom Receives Certification as a Competitive Local Exchange Carrier -CLEC-

2000-05-11
Broadband Pioneer Makes Tracks With EMC As Core Info Infrastructure

2000-04-07
North American DataCom Changes Trading Symbol

2000-03-24
Pierce International Changes Name To North American DataCom

2000-03-07
Pierce International Names Jerry Buuck to Head Sales for Its Newly Formed Subsidiary North American InfoTech, LLC

1999-12-21
Pierce International Acquires North American Software

1999-05-20
North American Software Acquires Freedom 2000 Internet Service