Dot1Web, Inc. (DTWB), formerly Freedom Motorcycles Inc., operates the ".1web" network, which consists of a webwide ISP offering unlimited monthly Internet access for $6.95 or lower; Webwide Auctions, a real-time auction site with no listing fees or final sales fees; Accept Pay, a merchant bank that allows businesses to accept Visa and Mastercard; and Instant Web Advertising, a real-time advertising website for home-based, small or large businesses to advertise locally, regionally, or around the world instantly.

According to the company, .1web network, through its retail and Internet network of consumers and businesses, has localized the Internet. Localization allows home-based and small businesses to get the same exposure that large corporations get within the areas they service for a fraction of the cost. Businesses can advertise locally to consumers in any of the 75,000 cities in the U.S. instantly without the aid of advertising companies or sales people. Advertising campaigns can be started for as little as $1, the company reports.

DTWB says it offers the least expensive Internet access in the industry compared to major Internet service providers. At $6.25 per month when prepaid annually, it is also the only service that localizes the Internet. Users may also subscribe to this unlimited Internet access without any contract or commitment for $6.95 per month. Through localization, businesses can define their particular local and regional service areas and then run low cost, real-time advertisements throughout the company's entire network of affiliate sites.

Pursuant to certain merger transactions completed in October 2002, LowestBids.com, Inc. and Drive4U.com, Inc. became wholly owned subsidiaries of the company.

The company was previously a producer of high-performance premium motorcycles. Effective July 31, 2002, the company transferred certain assets and liabilities to Norton Motor Co. in exchange for Common shares representing a 100% interest in Norton Motor. The company declared a non-cash dividend to stockholders of record Aug. 20, 2002, in the form of all of the Common shares of Norton Motor held by the company.

INCORPORATED: in Minnesota Feb. 5, 1982, as Equity Automotive, Inc.; name changed to MTB, Inc. Jan. 31, 1996, to Ausam Corp. June 26, 1997, to Stonehenge Inc. June 14, 1999, to Freedom Motorcycles Inc. Oct. 9, 2001, and to Dot1Web, Inc. Sept. 3, 2002. Effective July 31, 2002, transferred certain assets and liabilities to Norton Motor Co. in exchange for Common shares representing a 100% interest in Norton Motor. The company declared a non-cash dividend to stockholders of record Aug. 20, 2002, in the form of all of the Common shares of Norton Motor held by the company. Pursuant to certain merger transactions completed in October 2002, LowestBids.com, Inc. and Drive4U.com, Inc. became wholly owned subsidiaries of the company.

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