SOURCE: Beyond Commerce, Inc.

Beyond Commerce, Inc.

August 06, 2009 09:30 ET

Beyond Commerce, Inc. Clarifies 8-K Filed August 4, 2009 Concerning OmniReliant Holdings

HENDERSON, NV--(Marketwire - August 6, 2009) - Beyond Commerce, Inc. (OTCBB: BYOC) www.beyondcommerce.com, an E-commerce solutions, local advertising and niche social networking company, clarifies the 8-K concerning the financing with OmniReliant Holdings, Inc.

On July 30, 2009, Beyond Commerce, Inc. entered into a securities purchase agreement with OmniReliant Holdings, Inc., pursuant to which OmniReliant Holdings agreed to purchase a series of one year secured convertible debentures. On July 30, 2009, the Company sold OmniReliant Holdings the first of the debentures in the amount of $641,663 and received gross proceeds of $550,000.

The debentures are due twelve months from when they were issued and are convertible into shares of the Company's common stock at a conversion price of $0.70 per share.

The Company's first principal payment for these securities is due January 28, 2010, not 2009 as disclosed in the 8-K filing.

The Company reiterates its revenue guidance for the third and fourth quarters 2009 to be $27 million as stated in the press release issued July 7, 2009. To view this press release, please see the following link: http://beyondcommerce.ir.stockpr.com/news/detail/783/beyond-commerce-inc-reports-record-2009-second-quarter-revenues.

LocalAdLink will begin selling ads in Australia and Canada September 1, 2009, and additionally will begin selling ads in India December 1, 2009. There are approximately 20 million independent sales representatives in India. Through LocalAdLink's direct sales marketing strategy, the Company anticipates developing a significant independent sales representative base.

For further details concerning the agreement, please see the Beyond Commerce 8-K dated August 4, 2009. To view this or other Beyond Commerce filings please click on the following link:

http://beyondcommerce.ir.stockpr.com/sec-filings

About Beyond Commerce, Inc.

Beyond Commerce, Inc. provides best in class products, services, and solutions by being the low cost provider in its market sector. i-SUPPLY, www.i-SUPPLY.com, offers easy to use, fully customizable E-commerce services, and revenue solutions for any Web site, large or small, and hosts local ads, providing extensive reach for our proprietary advertising partner network platform. LocalAdLink, www.LocalAdLink.com, is a local business search directory and advertising network that brings local advertising to geo-targeted consumers. BOOMj, www.BOOMj.com, is the leading niche portal and social networking site for Baby Boomers and Generation Jones.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting Beyond Commerce, Inc. operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

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