Y3K Announces Effectiveness of SB-2 BELLEVUE, WA, May 14 /PRNewswire-FirstCall/ -- Y3K Secure Enterprise Software, Inc., (OTC/BB: YTHK), an end-to-end unified communications and technologies company serving the small to medium business and residential market, announced today that the Securities and Exchange Commission had declared its Form SB-2 Registration Statement effective as of 3:00 p.m. Eastern Standard Time on May 14, 2004. The registration statement relates to the resale by selling security holders of its common stock, including shares issued to Cornell Capital Partners, L.P under its $20,000,000 Standby Equity Distribution Agreement with Cornell. The Company will not receive any proceeds directly from the resale of the Common Stock. About Y3K Secure Enterprise Software (http://www.ythk.com/) Y3K Secure Enterprise Software, Inc. is a provider of end-to-end unified communication technologies for the small- to medium-business market. Y3K utilizes secure next-generation voice services, instant messaging, data transfer, internet, conference calling and enterprise software to design solutions to meet the communication needs of today's business world. Through the integration of web based telecommunications and cutting edge software technology, Y3K economically delivers secure unified communication solutions that break down distance, time and media barriers to allow people to communicate anywhere, anytime and across multiple mediums. Y3K has offices in Bellevue and Seattle, Washington. This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer or sale would be unlawful prior to registration or qualification under the securities law of any such state. Contact: Jennifer Stephens, Investor Relations, DATASOURCE: Y3K Secure Enterprise Software, Inc. CONTACT: Jennifer Stephens, Investor Relations,

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