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TerenceNet, Inc. Selected by Good Shepherd Hospice to Provide Internet Services

Ft. Pierce, FL (June 6, 2003) – TerenceNet, Inc. (OTCBB: TCET) of Ft. Pierce, Florida, has been selected by Good Shepherd Hospice, Auburndale, Florida, to provide web hosting and technical support for a new web site developed by omg.pr, inc., announced Terence Channon, CEO of TerenceNet, Inc.

Good Shepherd Hospice is the original hospice care organization serving terminally ill patients and their families in Polk, Highlands and Hardee counties. They have offices in Auburndale/Winter Haven, Bartow, Haines City, Lakeland and Sebring. Good Shepherd Hospice also offers the George C. Forsythe Residential Center, two inpatient care centers and The Bethany Center for grieving children and teens.

TerenceNet, Inc., is an e-business consulting firm providing strategic consulting and business advisory services, web site design and development, web site hosting, domain name and Internet identity management, and Internet marketing services.

For additional information, contact Terence Channon, CEO, TerenceNet, Inc., 6 Avenue A, Ft. Pierce, FL 34950 U.S.A. Phone 772-429-1401, email info@terencenet.com. Information is also available online at www.terencenet.com.

SPECIAL INFORMATION REGARDING FORWARD LOOKING STATEMENTS
Some of the statements in this communication are "forward-looking statements." These forward-looking statements involve certain known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. These factors include, among others, the factors set forth above under "Risk Factors." The words "believe," "expect," "anticipate," "intend," "plan," and similar expressions identify forward-looking statements. We caution you not to place undue reliance on these forward-looking statements. We undertake no obligation to update and revise any forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements in this document to reflect any future or developments

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