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To: Kevin McKenzie who wrote (4477)	3/25/1999 11:46:00 AM
From: Craig K	Respond to of 13776

Interesting PR...not sure what to make of it....correct me if I am wrong, but 496K for $1mil comes to more than $2/share....this stock is at .17.....HMMMMMM NEW YORK, March 25 /PRNewswire/ -- Consolidated Technology Group Ltd. (OTC Bulletin Board: COTG) and Netsmart Technologies, Inc. (Nasdaq: NTST) announced today that on March 25, 1999, Consolidated, entered into an agreement with Netsmart and a group of purchasers, consisting principally of Netsmart's management and directors. Pursuant to the agreement, the purchasers are to buy from Consolidated, in a private sale, an aggregate of 496,312 shares of Netsmart's common stock for an aggregate purchase price of $1,000,000. The purchase of the shares will be made in two installments. The agreement also gives the purchasers the right to buy up to between 296,312 and 496,312 additional shares of Netsmart's common stock from Consolidated at the same purchase price per share. In addition, Consolidated agreed to transfer to Netsmart shares of Netsmart's preferred stock (including the right to receive dividends thereon) and warrants to purchase shares of Netsmart's common stock, for which Netsmart will issue 100,000 shares of its common stock to Consolidated. Consolidated, through a wholly owned subsidiary, is Netsmart's largest stockholder, owning 992,624 shares, or approximately 35.7%, of Netsmart's common stock. Upon the sale of the 496,312 shares of Netsmart's common stock which the purchasers are committed to purchase and the issuance by Netsmart of the above-mentioned 100,000 shares of its common stock to Consolidated, Consolidated will own 596,312 shares or approximately 20.7% of Netsmart's common stock. To the extent that the purchasers acquire any additional shares, Consolidated's ownership percentage in Netsmart will decrease. Netsmart, through its wholly owned subsidiary, Creative Socio-Medics Corp., is a leading supplier of enterprise-wide software solutions for the mental health and behavioral health markets.