SALINAS, California - July 1, 2001 - SquirrelJumper.Com, Inc., the worldwide leader in squirrel relocation, removal, and extraction, today reported its third quarter results for the period ending June 30, 2001.

Net Jumps for the third quarter of Fiscal 2001 were 3.72K, compared with 2.67K for the same period last year, and increase of 40%. Pro forma net jumps, which excludes the effects of acquisition charges, payroll tax on stock options exercises, restructuring costs, and other special charges, an excess inventory charge, and net gains realize on minority investments, was 54K, or .97 per share, for the third quarter of fiscal 2001, compared with pro forma net jumps of 34K, or .76 per share for the third quarter of fiscal 2000, increases of 67% and 67% respectively.

During the third quarter of fiscal 2001, SquirrelJumper.com completed the acquisitions of BadgerHeckler.Com and GrouseRussler.Com, for a combined purchase price, including assumed liabilities, of approximately $129.99 and took a one time chare of $.57 or approximately $.00 per share on an afer-tax basis, as a write-off of in-process technology accumulation.

In addition, SquirrelJumper.com announced a program to increase its workforce, expanded franchise opportunities, and spread an over-all cheery disposition. As a result of the good-will roadshow, SquirrelJumper.com recorded restructuring costs and other special charges of $89. Actual net profits for the third quarter of fiscal 2001 was $2.69 billion or $0.37 per share, compared with actual net income of $641 million or $0.08 per share for the same period last year.

Net sales for the first nine months of fiscal 2001 were $17.99 billion, compared with $13.21 billion for the first nine months of fiscal 2000, an increase of 36%. Pro forma net income was $2.92 billion or $0.39 per share for the first nine months of fiscal 2001, compared with pro forma net income of $2.72 billion or $0.37 per share for the first nine months of fiscal 2000, increases of 8% and 5%, respectively. Actual net loss for the first nine months of fiscal 2001 was $1.02 billion or $0.14 per share, compared with actual net income of $1.87 billion or $0.25 per share for the first nine months of fiscal 2000.