On4 Communications, Inc. announced that it has commenced its search for a new Chief Financial Officer after the position became vacant when Tom Locke resigned from this position and his position on the Board of the company in order to allocate more time to the launch of the NetCents Systems Ltd. online payment technology. Mr. Locke has accepted the positions of President and Chief Operating Officer of NetCents. The Board of Directors of the company is currently reviewing applications for the positions of Chief Financial Officer, Secretary and Treasurer.

It is anticipated the selections will be made and appointed within two weeks.