BUSINESS: Iraq Oil Conference in Switzerland

Geneva - Crosspoint Ventures announced today that it is hosting its Annual Iraq Oil Conference to be held at The Sofitel in Geneva, Switzerland, December 9, 10 & 11, 2004.

The Iraq Oil Conference will focus on the changing market dynamics in Iraq, the opportunities to invest in the Iraq oil sector, the government interface with oil and gas companies, and the technical problems of both investing in Iraq and operating in Iraq. The conference will combine the expertise and wisdom of several top-notched International oil and gas companies.

Topics are slated to emphasize and educate the attendees to the current opportunities within the Middle East. The Conference hopes to act as a liaison between the oil and gas companies and the Iraqi Government.

Registration begins October 1st, with a fee of $20,000.00 per attendee. To attend the Conference hosted by Crosspoint Ventures or for more details, visit the Company's website atwww.crosspointventures.com.