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TerenceNet is a 2003 Bahamas Web Awards Winner

Ft. Pierce, FL / September 26, 2003 – TerenceNet, Inc. (OTC BB: TCET) of Ft. Pierce, Florida, has received the Tourism-Related Judge’s Selection Award and Designer Award for the Peace & Plenty Resort Web site.

BahamasB2B.com presented the First Annual Bahamas Web Awards for the best among Bahamian Web sites. The Bahamas Web Awards honor Web sites that excel at achieving their goals. Awards recognize creative and strategic excellence, as well as impact and measurable results.

The Peace & Plenty Web site was entered in the tourism related category. This includes hotels, resorts, tourist attractions, tourism organizations, restaurants, tour operators and other tourism related companies, travel agencies and tourism service providers.

The Peace & Plenty resort on the island of Exuma, Bahamas, features the Club Peace & Plenty, Bonefish Lodge and the Beach Inn. For more information, visit www.peaceandplenty.com.

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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