Maryland, January 15, 2003

Lasse V. Syversen, CEO of Flagship Technologies, Inc., a Bloksberg Inc. company, based in Maryland announced today that Paradigm Corporation Limited, based in Hong Kong has become the sales agent for Flagship’s SHIPS*AMS Service in Asia.

Paradigm Corporation Limited announced, at the same time that their product Freight Management 2000 (FM2000) is complied with the CAMIR standard adopting by the U.S. Customs.

Flagship Technologies provides the AMS platform, which allows user to submit their manifest details to the US Customs directly.

FM2000 a freight forwarding application will directly integrate with the Flagship’s AMS platform for AMS data submission. Their current FM2000 users can simply have a click from the system and their manifest details will automatically submit to the US Customs via Flagship AMS data processing service.

Frankie Lam, Director of Paradigm Corporation Limited says: "Unlike other companies, we are not taking this as a sales opportunity. We do not intend to create another layer for AMS processing, which will increase the cost structure of our customer. In fact, our objective is to promote a Direct AMS service that they can benefit from a more cost effective solution."

U.S. Customs has implemented U.S. Customs 24 Hour Advanced Manifest Rule in December 2, 2002 as part of the Customs Security Initiative (CSI) Program. U.S. Customs will initiate enforcement action and deny unlading after the 60-days period following December 2, 2002 for any non-fraudulent violations discovered. February 1, 2003 will be the deadline.

About Paradigm Corporation Limited - Paradigm is a software company specializing in freight forwarding applications for more than 10 years in Hong Kong. www.paradigm2000.com

About Flagship Technologies, Inc. - Flagship is a certified AMS data processing service center that is also specialized in linking trade partners worldwide over the Internet through e-commerce messaging. www.flagship.com

For further information, please contact Mr. Lasse Syversen, at +1 301 216 9803 or office@flagship.com.