Totally Hip First Quarter 2003 Results & Management Change

Posted on 03-03-03

www.totallyhip.com
Symbol: THC-TSX Venture Exchange

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

Vancouver, B.C. – March 3, 2003 Totally Hip Inc. announces results for the first quarter of fiscal 2003, covering the period from September 30th to December 31st, 2002, with operations for the quarter showing a loss of $0.00 per share compared to a loss of $0.00 per share for the same quarter of fiscal 2002. The net loss recorded for the quarter ending December 31, 2002 is $22,471 compared to a net loss of $36,267 for the same three-month period of the previous fiscal year.

Net sales for the quarter were $209,097 compared to $159,365 in the previous year, an increase of 31% and gross sales were $242,623 compared to $208,278 in the previous year, an increase of 16%.

For a full pdf version of the report send an email request to investor@totallyhip.com.

Totally Hip has received the resignation of Mr. Larry D. Whitehead from his position in the company as a Director and Chief Financial Officer.

Totally Hip’s mission is to develop software, enterprise solutions, and services to effectively produce and deliver convergent media solutions, and to ensure our software products are compatible with and complement established media file formats, platforms, and standards. Totally Hip was founded in 1995 and is an award winning developer of convergent media technologies.

For further information on investor or corporate matters contact 604 685 6525 or email investor@totallyhip.com.

Totally Hip Inc.
Per: "Steve Simpson", CEO and President

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