<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>doc2.txt
<TEXT>
                                                                    EXHIBIT 99.1

YP.NET  REPORTS  APPROXIMATELY  134%  INCREASE  IN  REVENUE AND 142% INCREASE IN
OPERATING  INCOME  AND  110%  INCREASE  IN  NET  INCOME

Mesa,  Arizona  -  (Business  Wire)
August 13, 2003

YP.NET,  (YPNT)  a  leading  provider  of  nationwide  Internet Yellow pages and
related  services  and  a  component  of  the  Dow Jones Internet Services Index
reported  its  financial  results  for the three months ended June 30, 2003. Net
Revenue  for  the  three  months  ended June 30, 2003 was $8,013,845 compared to
$3,416,953  for  the  comparable period ended June 30, 2002, an increase of over
134%.  The  increase  in revenue is principally the result of an increase in the
number  of  "Preferred  Listing" Internet advertising customers. The increase in
Internet  advertising customers is due to the continued success of our marketing
programs.

Operating  income  for  the  three  months  ended  June  30, 2003 was $2,155,018
compared  to  $888,963in  the  comparable  period in Fiscal 2002, an increase of
approximately  142%.  Operating  margins improved to 27% from 26%. The increased
operating  margin  is  a  result  of  additional  "Preferred  Listing"  Internet
advertising  customers  and  the  leveraging  of certain fixed costs relating to
acquiring  and  servicing  these  customers.

Income  before  income  taxes  for  the  three  months  ended  June 30, 2003 was
$2,352,869  compared to $1,247,637 in the comparable period in 2002; an increase
of  approximately  89%.  The  increased  pre-tax  income  also  results from the
additional "Preferred Listing" Internet advertising customers and the leveraging
of  certain  fixed  costs  over the larger customer base offset by non-recurring
gains  of  approximately  $395,000  recorded in the prior year period. Excluding
such  prior  year  non-recurring  gains, pre-tax income growth and margins would
have  been  greater.

Angelo  Tullo,  YP.Net's  CEO  commented, "We are pleased with our third quarter
financial results. Our growth in both operating income and margins represent the
soundness of management's business model. We look forward to continuing to build
the YP.Net franchise into the Internet yellow pages of choice for businesses and
consumers."

The  provision for income taxes was $676,039 for the three months ended June 30,
2003  versus a provision of $448,895 for comparable period in 2002. The increase
in  tax provision results from the increased profitability of the Company offset
by  tax  planning  initiatives.

Net  profits  for the three months ended June 30, 2003 were $1,676,830, or $0.04
per  share,  compared  to  net  profits  of  $798,742, or $0.02 per share in the
comparable  period  in  2002 or an increase of approximately 110% in net income.
Net margins were 21% for the three months ended June 30, 2003 versus 23% for the
three-month  periods  ended  June  30,  2002.  The decrease in net margin is the
result  of  the  previously  mentioned


                                        3
<PAGE>
non-recurring  gains  recorded in the prior year period. Excluding the effect of
these non-operating items, net income margins in the current period are actually
greater  than  the  same  prior  year  period.

About  YP.Net,  Inc.
YP.Net  Inc.,  a  leading  provider of Internet-based yellow page services and a
component  of  the  Dow  Jones  Internet  Services  Index,  offers  an  Internet
Advertising  Package  that  includes  a  priority  Preferred  Listing  and
Mini-Webpage(TM)  through  its  yellow  page Web site at www.Yellow-Page.Net and
www.YP.Net.  The  Company's  Web  site  contains  listings  for approximately 18
million  business  and  individuals  in  the  United  States.

YP.Net  also  provides  an  array of other Internet services that complement its
yellow  page  sites  found  at  (www.Yellow-Page.Net, www.YP.Net, www.YP.Com and
about  30  other  website  locations).

YP.Net  is  a longstanding member, exhibitor and sponsor of the two major yellow
page  trade associations - Yellow Page Integrated Media Association "YPIMA," the
major  trade association of yellow page publishers throughout the world, and the
Association  of  Directory Publishers "ADP," which mostly represents independent
yellow  page  publishers.  YP.Net,  Inc.  is  based  in  Mesa,  AZ.  For  more
information,  visit  the  web  site  at  www.yp.net.

This  press release contains certain forward-looking statements, including those
regarding the Company and its subsidiaries' expectations, intentions, strategies
and  beliefs  pertaining  to future performance. All statements contained herein
are  based upon information available to the Company's management as of the date
hereof,  and  actual  results may vary based upon future events, both within and
without  management's  control.

Public  Relations  contact:

YP.Net,  Inc.
David  Iannini
Chief  Financial  Officer
YP.Net,  Inc.
480-654-9646  x1258
Fax  480-654-9747


Investor  Relations  contact:

Roger  H.  Bedier
Investor  Relations
YP.Net,  Inc.
480-654-9646  x1239
Fax  480-654-9747


                                        4
<PAGE>

</TEXT>
</DOCUMENT>
