ZIPLINK ANNOUNCES SHORT TERM ABILITY TO FUND OPERATIONS

LOWELL, Mass. - November 3, 2000 - ZipLink, Inc. (NASDAQ: ZIPL), a wholesale Internet connectivity provider, today announced that the company's Co-Chairman agreed to guarantee certain additional borrowings under the company's $10.0 million line of credit while it seeks an acquirer or additional financing. The company believes such borrowings will be sufficient to allow it to continue operations until November 17, 2000.

The company is currently in discussions with several potential acquirers. There can be no assurance, however, that the company will be successful in its efforts to sell the company or if so, on what terms and how much of the proceeds from a sale will be available for distribution to shareholders. In addition, there can be no assurance that the company will be able to continue operations until November 17, 2000 if unanticipated events or circumstances should arise.

For additional information about ZipLink, please visit the company's Web site at http://www.ziplink.net.

Statements in this press release concerning the Company's business outlook or future economic performance, anticipated profitability, revenues, expenses or other financial items, and network or service offering growth, together with other statements that are not historical facts, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Any forward-looking statements are estimates, reflecting the best judgment of the party making such statements based upon currently available information and involve a number of risks and uncertainties and other factors which could cause actual results to differ materially from those stated in such statements. Risks, uncertainties and factors which could affect the accuracy of such forward-looking statements are identified in the public filings made by the Company with the Securities and Exchange Commission, and forward-looking statements contained in this press release or in other public statements of the Company should be considered in light of those factors. http://www.ziplink.net.