Released on: June 5, 2008, 6:40 am

Press Release Author: Michelle Wallace

Industry: Internet & Online

Press Release Summary: Company officials indicate that tyBit searches for May hit an
all-time high of 3.8 million, up from 3.2 million in April 2008." The site didn't
really go live until November 2007 and in six months has achieved double digit
growth in terms of searches and traffic," said Kitti Jo Finch, GM of tyBit. "I think
it is very clear now that we will be a serious player in the search space."

Press Release Body: FAYETTEVILLE, NC - June 5, 2008 - This week tyBit
(www.tyBit.com/?pdkw=pr-fr-06-05-08) announced the first production release of the
long-anticipated tyBit search engine and toolbar is on schedule for 3rd quarter
2008 release when channel partners and advertisers will be able to sign up and begin
using the application for profit. Company officials also indicate that tyBit
searches for May hit an all-time high of 3.8 million, up from 3.2 million in April
2008." The site didn't really go live until November 2007 and in six months has
achieved double digit growth in terms of searches and traffic," said Kitti Jo Finch,
GM of tyBit. "I think it is very clear now that we will be a serious player in the
search space."

tyBit is a major shift for online search, moving away from the centralized search
engine model to a patent-pending, decentralized application that distributes web
crawling, indexing, and browser content delivery. According to Sean McCoy, Chief
Marketing Officer of tyBit affiliated company AIT
(www.AIT.com/?pdkw=pr-fr-06-05-08), \"tyBit will impact the search industry
overnight. By enhancing the user experience and sharing 40% of revenue with partners
as well as improving interactive ad ROI for advertisers, everyone will win.\" McCoy
states tyBit will increase search relevancy and eliminate incentives for click fraud
which costs online advertisers billions of dollars each year. \"We are going to give
advertisers an itemized bill detailing charges,\" said McCoy. \"We also believe that
tyBit will revitalize the traditional print and broadcasting industries with respect
to interactive advertising who have been losing 12% to 14% in ad revenue yearly to
the online search giants.\"

Shattering the existing search model, tyBit provides accelerated search and
maximizes relevancy by allowing users to search the web quickly and thoroughly, by
instantly submitting searches to multiple online directories, major engines, and
other data sources in the public domain displaying all of the results in a single
window on the desktop or PDA. As the information on the web grows exponentially,
search relevance becomes more difficult. tyBit answers the relevance question with
grid computing, learning subscribers preferences, searching multiple sources,
displaying the most current information and searching local content based on a
subscriber\'s actual location. It also offers privacy protection, reduces click fraud
and with the formation of a partnership with a leading security software
manufacturer, \"tyBit now has the ability to protect users from bots and malware in
real time while they are browsing the web,\" said Ryan Sherstobitoff, Product
Technology Officer for Panda Security.

\"The initial spark that drove the development of tyBit was our dissatisfaction with
the search industry\'s pay per click model and the associated click fraud,\" said
Briggs. \"Our click fraud experience with Google and the class action lawsuit, and
then the Fayetteville Publishing Company on a local level led to litigation. So we
said, there\'s a problem, and at the end of the day litigation may or may not change
anything. The long term business solution is to attack the problem head on with a
market alternative and tyBit is our answer," said Briggs. \"We have over 45 major
partners who will receive their private labeled versions of tyBit including media
companies, telcos & carriers, OEMs, software providers, government, education and
service providers who have indicated that they are frustrated because they don\'t
feel they are getting their fair share of the interactive advertising dollars even
though they have the relationship with subscribers. They also want customization and
transparency which they aren\'t getting now. We can deliver this to them with tyBit.\"

Company officials indicate that tyBit is working with several interested capital
firms to complete an $80 million first-round financing. AIT has never taken outside
equity investment but instead built its business out of cash flow. The 5 year plan
for tyBit aims to achieve annual revenues in excess of $6 billion. \"tyBit is an
interesting initiative because it combines unique technology with a business model
that allows traditional media to get back into the game and earn their share in the
advertising market,\" said Paul Stapleton, Managing Director of DH Capital, LLC.

Company officials say tyBit will unify search and make it so relevant that the term
\"search\" becomes synonymous with \"find\". \"While the major search engines seem
preoccupied with becoming media content moguls, tyBit seems intent on redefining the
search paradigm to produce greater relevancy, reduce click fraud and offer channel
partners a piece of the search advertising pie. It\'s an interesting development that
we will definitely keep our eye on\" said Berge Kaprelian, President & CEO of Beka
Publishing of Channel Vision magazine.

\"The fact that Clarence Briggs has announced stepping away from his position as CEO
of AIT in order to devote his full attention to tyBit, speaks volumes about his
personal commitment to the tyBit vision,\" said Kevin Pollard, former Chairman of the
New Orleans Area Regional Chamber of Commerce; Director of the World Trade Center of
New Orleans, and Managing Partner and President of GlobalSolveT Management Services.
\"His personal leadership and long-time management team have propelled AIT to 11
years of profitability and success. I\'ve known these guys for years and the one
thing that they do exceptionally well is execute.\"

tyBit is affiliated with AIT (www.AIT.com/?pdkw=pr-fr-06-05-08), a technology
company that has achieved 11 straight years of sustained profitability and has
generated $100s of millions in revenue while creating a profound economic influence
on its surrounding community. AIT has been named 2 times to the Inc. 500 list of
fast growing firms, 3 times to the Deloitte & Touche Fast 500 list, and has been
previously named as the NC Entrepreneur Firm of the Year.

tyBit is a registered trademark of tyBit Inc.


Web Site: http://www.tybit.com

Contact Details: 536 Ramsey St, Suite 200
Fayetteville, NC 28301
910.321.1246
michelle@wallacegrouppr.com