PRESS RELEASE

SOURCE: Ticonderoga Ventures, Inc.

NEW YORK, NY -- Ticonderoga Ventures, Inc. announces the ASROC conference on January 7, 2003 at the Hotel Real-Intercontinental in Costa Rica.

The ASROC conference will focus on Alternative Payment Processing Systems for internet related transactions.

Recent decisions from financial institutions have adversely affected internet businesses on an international scale, both small and large. The ASROC conference is designed to discuss reliable forms of online commerce. It will cover new and unique forms of online payment systems and will also discuss international forms of online commerce.

The event has been endorsed by numerous magazines (such as Casino Times News) as well as web portals in the gaming industry.

For more information, please visit the website ( http://www.asroc.com ).

CONTACT:
Marc Lesnick
Marketing and Logistics Representative
Ticonderoga Ventures, Inc.
New York City: (212) 722-1744
San Francisco 650.261.1378

ASROC, L.L.C.
a Nevis Corporation