Triangle Technologies Ltd.

TRIANGLE TECHNOLOGIES AND DEALTIME.COM ESTABLISH JOINT VENTURE IN JAPAN $10,000,000 RAISED TO LAUNCH DEALTIME K.K.

Triangle Technologies Ltd. (Israel) and DealTime.com Ltd. (Israel) announced today the establishment of Dealtime.com K.K (Japan), a joint venture between Dealtime.com, Triangle Technologies, and various Japanese strategic and financial partners. The joint venture partners of DealTime.com in Japan include the venture funds JAFCO and CSK, and the strategic partners Omron Corporation, Credit Saison Mitsui, and NTT Leasing.

Dealtime.com K.K. will provide DealTime.com's on line comparison shopping services in Japan, and expects to become a major e-commerce player in the Japanese market.

DealTime.com is the most comprehensive online comparison shopping service in the US, searching over 7,300 online/offline retailers, auctions, online classifieds and group buying sites. It was recently named by Internet World as one of the ten most influential products and services for 2000. Access to offline retailers is provided through a partnership with ShoppingList.com, the leading online resource for local shopping information. DealTime.com has the unique ability to track deals over time and, along with its Desktop Notifier™ and other offline notification methods, alert consumers to new matches anytime, anywhere.

"The business-to-customer industry in Japan is expected to reach $37 billion within the next three years", said Yoshinori Oikawa of Triangle Technologies, who organized and executed the establishment of DealTime.com K.K., including organizing the investment syndication. "Japan is currently experiencing an Internet and e-commerce boom," commented Mr. Oikawa, "and the timing for Dealtime.com to establish a strong presence in Japan is excellent. As far as we know, DealTime.com K.K. is the first Israeli Internet company to form a joint venture in Japan. The joint venture model in Japan is particularly appropriate for foreign e-commerce companies due to the need for local content, marketing, brand creation, and customer service."

"Japan is an important and strategic market for DealTime.com", commented Dan Ciporin, CEO and President of DealTime.com. " We believe that the joint venture structure will maximize value for our shareholders, and the ultimate goal is to take DealTime.com K.K. public in one of the Japanese stock exchanges in the future. We are extremely proud of the quality of the Japanese joint venture partners, who will make a strategic contribution to DealTime.com's success in Japan, and they give us a tremendous advantage over the competition."

"Dealtime.com is the leading site for comparative shopping in the US", said Mr. Hiroshi Ikegaya of JAFCO, which has invested in quite a few Israeli companies. "There is a strong requirement for such a convenient e-shopping service in Japan and we believe that DealTime.com K.K. can play a pivotal role in stimulating Japan's e-commerce sector."

About Triangle Technologies

Triangle Technologies forms technology oriented alliances between Israeli and Japanese companies. It does this through three areas of activity strategic alliance formation; private placement; and venture creation. With more than 100 years cumulative experience in Japanese, Israeli, and international marketplaces, Triangle Technologies' executive work with Israel's technology leaders and Japan's leading manufacturers, Internet and e-commerce players, trading companies, venture capital funds, and other financial institutions. Triangle Technologies has signed over 50 Japanese-Israeli deals, and been instrumental in creating new ventures, most recently in the Internet and e-Commerce area.

About Dealtime.com

DealTime.com is the leading, independent, online comparison shopping service. It scours the entire Web for the products consumers want at the prices they are willing to pay. DealTime is the most comprehensive online comparison shopping service searching over 7,300 online and offline merchants, e-auctions, e-classifieds and group buying sites. With headquarters in New York City and R&D in Israel, DealTime.com is a privately held, venture-backed company with investments from Israel Seed Partners, Bain Capital, America Online, Inc., Time Warner, Bank of America, UBS Capital, Hollinger Capital, Singapore Telecom among others. More information about the company can be found on its Web site at http://www.dealtime.com. DealTime.com also recently introduced a comparison shopping service for the UK, which can be accessed at http://www.dealtime.co.uk.