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To: herry iball who wrote (37159)3/16/2000 9:28:00 AM
From: SSP  Respond to of 150070
 
CCGI - thanks.



To: herry iball who wrote (37159)3/19/2000 1:47:00 AM
From: SSP  Read Replies (1) | Respond to of 150070
 
ComTech Consolidation Group Inc. Announces Entry Into Explosive Internet
Sector; Company Will Redirect Its Efforts to Focus On Technology and the
Internet

HOUSTON, Mar 17, 2000 (BUSINESS WIRE) -- ComTech Consolidation Group
Inc. (OTCBB:CCGI) today announced that the Board of Directors have
agreed to change the business direction of the company.

Effective immediately ComTech will focus primarily on growing and
acquiring Internet and technology related companies. The company will
increase its efforts to develop and expand the current operations of
Networks Online and Enhanced Internet Service Providers as well as
aggressively seek to acquire other Internet related properties. The
company is currently in talks to acquire a number of Internet related
companies and Web sites.

ComTech Chairman and Chief Executive Officer Walter Davis commented,
"We have made the decision to increase our focus on ComTech's Internet
operations after carefully considering all available options. We will
continue to roll out Broadband services in the Houston area through
Networks Online in conjunction with ASDL partner Southwestern Bell
(NYSE:DSW), and will seek to increase our marketing efforts. Networks
Online currently has several valuable industry partners, including Gric
Communications (NNMS:GRIC) to provide expanded dial-up services
globally for all Networks Online customers and CMG Internet Group
(NNMS:CMGI) subsidiary myway.com to provide expanded content to all NOL
customers." Davis continued, "We also plan to expand our Web
development, video conferencing and e-commerce capabilities as we
acquire additional Web sites for future development. We are currently
in negotiations with several Internet related companies and hope to
consummate our first technology acquisition shortly."



About ComTech Consolidation Group Inc.

ComTech Consolidation Group Inc. is a Houston based holding company
whose primary focus is to acquire and develop Internet and technology
related companies. ComTech trades on the Over the Counter Bulletin
Board under the ticker symbol CCGI and is a fully reporting company.
The company currently owns two technology related companies, Enhanced
Internet Service Providers and Networks Online both located in Houston
and has health care operations in Louisiana and Texas. The companies'
Web sites are www.ccg.net, www.nol.net and ComTech SEC filings can be
found at www.freeedgar.com

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.



Copyright (C) 2000 Business Wire. All rights reserved.



Distributed via COMTEX.
-0-
CONTACT: ComTech Consolidation Group Inc.
Walter Davis, 713/554-2244
or
About-Face Communications LLC
Scott Gallagher, 215/741-5883
Sdgalagher@aol.com