Evolve One Files 2002 Annual Report and 2003 First Quarter Report BOCA RATON, Fla., Aug. 30 /PRNewswire-FirstCall/ -- EVOLVE ONE, INC. (OTC Pink Sheets: EVLO) announced today that on August 27, 2004, the Company filed its 2002 annual report and its 2003 first quarter report. The filings may be viewed at: http://www.sec.gov/cgi-bin/srch- edgar?text=evolve+one&first=2003&last=2004&mode=Simple On August 19, 2003, the Company announced that it has received a late filers notice from the Securities and Exchange Commission. The notice, which was sent on July 29, 2004, was received by via registered mail by Evolve One on August 6, 2004. The letter stated that Evolve One was not in compliance with its reporting requirements under Section 13(a) of the Securities Exchange Act of 1934. Evolve One has responded to the Securities and Exchange Commission, via Edgar, that although that it appears that the Registrant is not currently within full compliance with its reporting requirements under Section 13(a) of the Securities Exchange Act of 1934, the Registrant has previously engaged auditors, prior to this notice, to become fully compliant. The auditors who have performed quarterly reviews in 2002, have indicated that completion of the Registrants' audit is imminent. It is the Registrants' objective to and we expect to file all reports prior to the end of September 2004. We would expect to file any other filings that may be due within the same period such that we would be in full compliance with our reporting requirements prior to the end of September 2004. About Evolve One, Inc. Evolve One, Inc. (the "Company" or "EVLO") is a diversified holding company that develops and operates Internet and direct retail marketing companies. The EVLO group of companies includes wholly-owned subsidiaries, ("StogiesOnline.com, Inc."), A1Discount Perfume, Inc. ("A1 DiscountPerfume") and International Internet Venture I, LLC ("Ventures"). This press release contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements due to a wide range of factors which are set forth in our annual report on Form 10-KSB on file with the SEC. DATASOURCE: Evolve One, Inc. CONTACT: Gary J. Schultheis, +1-561-988-0819, for Evolve One, Inc.

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