SECURITIES AND EXCHANGE COMMISSION

LITIGATION RELEASE NO. 17180 / October 11, 2001

   SEC SUES ABSOLUTEFUTURE.COM, ITS FORMER CEO AND CERTAIN STOCK
   PROMOTERS IN CONNECTION WITH MANIPULATION SCHEME WHICH INFLATED
   ABSOLUTEFUTURE.COM'S STOCK PRICE BY 2,700% OVER A THREE MONTH PERIOD

   The Securities and Exchange Commission announced that today it filed a
   complaint in the U.S. District Court for the Southern District of New
   York against AbsoluteFuture.com ("AFTI"), a Seattle-based software
   company, Graham Andrews, a resident of England and Monaco and AFTI's
   former president and CEO, Edward A. Durante, of Gardiner, New York,
   Roger M. DeTrano, of New York City, Alfred Peeper, a resident of
   Spain, Eugene C. Geiger, of Castle Rock, Colorado, a registered
   representative affiliated with Spencer Edwards, Inc., a Colorado-based
   broker-dealer, and certain entities controlled by Durante and DeTrano
   Commonwealth Partners NY, LLC, a New York City-based financial
   consulting firm,Berkshire Capital Partners, Inc., Commonwealth
   Associates, Ltd., Dottenhoff Financial, Ltd., Galton Scott & Goulett,
   Inc., and Zimenn Importing and Exporting, Inc.

   The Commission's Complaint alleges that from July 1999 through May
   2000, Andrews, Durante and DeTrano operated a complex scheme to
   manipulate AFTI's stock through the use of false and misleading press
   releases and manipulative trading techniques. Specifically, the
   Commission alleges that in July and August 1999, Andrews caused AFTI
   to issue four false press releases which it posted on its Internet
   website, relating to purported business relationships and revenue
   projections, in order to artificially inflate the company's stock
   price. In two of those press releases, AFTI falsely claimed to have
   been selected by Microsoft Corporation as one of its preferred
   vendors, a highly coveted status within the software industry. Then,
   in November 1999, Andrews hired Durante and DeTrano to manipulate
   AFTI's stock price through manipulative trading undertaken by Durante,
   with the aid and agreement of Peeper and Geiger. In connection with
   the scheme, Andrews caused AFTI to improperly issue 4.1 million shares
   to Durante and DeTrano-controlled entities. Between December 1999 and
   May 2000, Durante used those shares to conduct manipulative trading in
   the accounts of his controlled entities at a Canadian-based
   broker-dealer. Andrews and DeTrano participated in the manipulative
   scheme by issuing press releases, one of which was false, timed to
   coincide with Durante's manipulative trading. Peeper participated in
   the scheme by purchasing large blocks of AFTI stock through matched
   orders placed in conjunction with Durante's sell orders. Peeper's
   purchases were negotiated and executed by Geiger, his broker at
   Spencer Edwards. The Durante-Peeper transactions were manipulative in
   nature because, among other things, they contained hidden discounts