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To: jimmy who wrote (1603)	7/15/1999 5:03:00 AM
From: Mr Metals	Respond to of 3514

COMTECH CHAIRMAN BUYS STOCK COMTECH CHAIRMAN BUYS STOCK HOUSTON, Jul 9, 1999 /PRNewswire via COMTEX/ -- ComTech Consolidation Group Inc. (OTC Bulletin Board: CCGI) today announced that its chairman and chief executive officer has purchased stock in the open market. ComTech reports that Mr. Winfred Fields has purchased an additional 11, 000 shares of CCGI common stock in the open market. Mr. Fields' total holdings now stand at 742,000 shares. Mr. Fields had this to say of his recent purchases, "ComTech common stock remains trading at a very low level based on our price to earnings ratio, so I have decided to add to my holdings at this time." About ComTech Consolidation Group Inc. ComTech posted revenues of nearly $9,000,000.00 in fiscal 1998, while posting earnings of $715, 000.00 or $.05 a share. ComTech recently filed with the Securities and Exchange Commission to become a fully reporting company and is currently evaluating the listing requirements of both the NASDAQ and American Stock Exchanges in anticipation of filing an application for listing later this year or early next year. Statements regarding financial matters in this press release other than historical facts are "forward looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations including future revenues and earnings, and all other forward looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. SOURCE ComTech Consolidation Group Inc. (C) 1999 PR Newswire. All rights reserved. http://www.prnewswire.com -0- CONTACT: Glenn Bartolini, VP Investor Relations of The Compass Point Group, Inc. for ComTech Consolidation Group Inc., 619-525-0800, gb@compasspointgroup.com (CCGI)