Exhibit January 27, 2000 United States Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549 Gentlemen: We have read the statements made by Xceed, Inc. pursuant to Item 4 of Form 8-K to be filed with the Commission on January 28, 2000. We agree with the statements concerning our firm in such Form 8-K. Very truly yours, /s/ Holtz Rubenstein & Co., LLP HOLTZ RUBENSTEIN & CO., LLP