Wednesday March 7, 8:00 am Eastern Time

Company Press Release

North American DataCom Announces New Lease with State of Mississippi

IUKA, Mississippi (March 7, 2001). North American DataCom, Inc. (OTC BB: NADA) today announced finalization of a new 20-year lease with the State of Mississippi for its main facilities in Iuka, Mississippi. This lease provides NAD with 25,000 square feet of office and equipment space at the former National Aeronautics and Space Administration facility. The State, acting through the Mississippi Development Authority (MDA), has also granted NAD a 10-year right of first refusal to lease an additional 75,000 square feet at the Iuka facility, to accommodate NAD's expansive business plan.

NAD is an information technology company with a core emphasis in Fiber Optic and Wireless Technologies, Critical and Remote Enterprise Storage Services, Internet Access, Network Support and Information Technology Services. NAD plans to offer high-speed data access and remote critical data storage services from its Mississippi-based data center facilities throughout the Southeast.

"We are pleased to have completed this new lease with the State of Mississippi," said Robert R. Crawford, president of NAD, "and look forward to a long and mutually beneficial relationship with the MDA. We also hope to acquire a lease for the additional space available in the facility as soon as possible, so that we may have the room to expand as we add additional network segments according to our new Business Plan."

The state-of-the-art facility in Iuka, Mississippi was originally designed and constructed to house the computer engineering and programming center for the NASA advanced solid rocket motor project. The Company believes that this facility is uniquely designed to provide the physical environment necessary for a Tier IV data center with relatively small capital expenditure when compared to competitive facilities. Once completed, this data center will enable the Company to offer enterprise storage operations, Internet hosting, co-location, web-based data storage and general real-time data backup running 24-hours-a-day, 7-days-a-week. The facility is custom designed with raised floors, HVAC temperature control systems with separate cooling zones and full electric power redundancy. The Company intends to upgrade and expand its current 5,000 square foot raised floor data center in Iuka, Mississippi to a 65,000 square feet raised floor data center. The expansion is planned for completion late this year.

The Company's facility will contain a full range of security features. These include 24-hour-a-day secured access with security breach alarms, cipher lock systems and security guards on premises. The facility is housed in a government constructed building using full redundant primary power from two sources with multiple backup power generators. The facility currently has a 1,000 square foot, temperature controlled telecommunications room adjacent to a 4,000 square foot raised floor, temperature controlled computer room complete with security, UPS power backup and emergency diesel generator backup. The complex has a 50 mega-watt redundant power source provided by a TVA power station for current and additional power requirements that should meet all of the Company's power requirements.

NAD intends to provide hybrid Data Storage Services, Bandwidth, and Professional Services for high-speed Storage Area Network's and point-to-point Critical Data Storage. Services will exploit NAD's network infrastructure for data availability, data protection, scalability, and performance for the medical, financial, government, and corporate arenas. NAD is planning to offer host-independent mirroring of data between two physically separated systems using the Company's fiber optic network to ensure the continuous availability of enterprise data. NAD will use all key components of its infrastructure to offer unique E-Business solutions to its customers.

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