SECTION 302 CERTIFICATIONS



I, Peter Laipnieks, certify that:

1. I have reviewed this quarterly report of NetMeasure Technology, Inc. (the "Registrant")

2. Based on my knowledge, this quarterly report does not
contain any untrue statement of a material fact or omit to state a material fact
necessary in order to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to the period
covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other
financial information included in this quarterly report, fairly present in all
material respects the financial condition, results of operations and cash flows
of the Registrant as of, and for, the periods presented in this quarterly
report;

4. As the Registrant's sole certifying officer, I am
responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control
over financial reporting (as defined in Exchange Act Rule 13a-15(f) and
15d-15(f)) for the Registrant I have:

(a) Designed such disclosure controls and procedures, or caused
such disclosure controls and procedures to be designed under my supervision, to
ensure that material information relating to the Registrant, including its
consolidated subsidiaries, is made known to me by others within those entities,
particularly during the period in which the quarterly report is being
prepared;

(b) Designed such internal control over financial reporting, or
caused such internal control over financial reporting to be designed under my
supervision, to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant's disclosure
controls and procedures and presented in this report my conclusions about the
effectiveness of the disclosure controls and procedures, as of the end of the
period covered by this quarterly report based on such evaluation; and

(d) Disclosed in this report any changes in the Registrant's
internal control over financial reporting that occurred during the Registrant's
most recent fiscal quarter that has materially affected, or is reasonably likely
to materially affect, the Registrant's internal control over financial
reporting; and

5. I have disclosed, based on my most recent evaluation of
internal control over financial reporting, to the Registrant's auditors:

(a) All significant deficiencies and material weaknesses in the
design or operation of internal control over financial reporting which are
reasonably likely to adversely affect the Registrant's ability to record,
process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves
management or other employees who have a significant role in the Registrant's
internal control over financial reporting.



|Date: November 19, 2003 | By: /s/ PETER LAIPNIEKSName: Peter LaipnieksTitle: President (Principal Executive
      Officer and Principal Accounting
Officer)
|----------------------- | ---------------------------------------------------------------------------------------------------------------------------------