Totally Hip Software Announces 1st Quarter Results

Posted on March 1, 2002

Symbol: THC-TSX Venture Exchange ( www.tse-cdnx.com )

Phone: 604 685 6525 e-mail: investor@totallyhip.com

Vancouver, British Columbia - March 1, 2002 - Totally Hip Software Inc. announces it has filed its quarterly report for the first quarter of fiscal 2002 for the three month period ending December 31, 2001. Totally Hip recorded a loss/gain of $0.00 per share for the quarter compared to a loss/gain of $0.00 per share for the corresponding first quarter of fiscal 2001. On an overall basis the loss recorded for the first quarter of fiscal 2002 is $36,000 comparable to a loss of $70,000 in the first quarter of the previous year.

The financial reports show $208,000 in sales for the quarter compared to $160,000 for the comparable quarter in fiscal 2001. Operations costs and expenses for Totally Hip are reported at $208,000 for the first quarter of fiscal 2002 compared to $209,000 reported in the previous years first quarter.

The quarterly report will be posted to the Totally Hip web site. Additional information requests or questions can be emailed to investor@totallyhip.com.

Totally Hip Software's mission is to develop software, enterprise solutions, and services to effectively produce and deliver digital media-based solutions as an interactive video format, and to ensure our software products are compatible with and complement established media file formats, platforms, and standards. Totally Hip Software was founded in 1995 and is an award winning developer of interactive Web development technologies.

Totally Hip Software Inc.
Per: "David B. Dicaire"
David B. Dicaire, CEO & President

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