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John Hancock Selects pTeraDac® Corporation's WebStory™ Presentation System

Eagan, MN - August 21, 2002 - pTeraDac Corporation, a provider of advanced Internet web systems, announced today that John Hancock Financial Services, a leading provider of insurance and investment products and services to retail and institutional customers, has selected the WebStory Presentation Management System, which uses pTeraDac's SmartLinks™ Content Commander, as their Internet solution for advanced sales presentations.

"John Hancock developed an innovative online illustration and in-force management proposal system called eHansel. We are going to provide them with an enhancement to this system that will be called eHansel+, a private-label version of our WebStory system with SmartLinks", says pTeraDac's vice president of marketing, Bob Macey. "WebStory will deliver simple and advanced sales presentations that are tightly integrated with the eHansel system."

The WebStory Presentation Management System will be specially tuned to meet the demanding needs of John Hancock's sales force. The resulting system will feature WebStory SmartLinks™ connections to help coordinate the delivery of sales, presentation and training material to the various John Hancock distribution channels.

"eHansel+ is the only web-based life proposal system to integrate sales presentations that connect values from web-based illustrations. This is a tremendous competitive advantage for our producers," comments Ken Nordstrom, vice president, estate and business sales at John Hancock. "We are very excited; when the work is completed our new eHansel system will deliver cutting edge sales support materials faster than was ever possible before and they will be available directly through any computer with web access."

The WebStory Presentation Management System also runs with desktop illustration systems to deliver the latest, state-of-the-art sales presentations over the Internet.

About John Hancock Financial Services, Inc.
John Hancock Financial Services, Inc. (www.johnhancock.com) (NYSE: JHF) and its affiliated companies, including John Hancock Life Insurance Company, provide a broad array of insurance and investment products and services to retail and institutional customers. As of March 31, 2002, John Hancock and its subsidiaries had total assets under management of $125.3 billion.

About pTeraDac Corporation
pTeraDac Corporation (www.pteradac.com), a provider of advanced Internet web systems, delivers design, development and hosting services in support of client's sales, marketing and business systems. pTeraDac specializes in solutions and products for the insurance and financial services markets.

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