Exstream Data Inaugurates New Data Center; EComnetrix Relocates Headquarters; Company Anticipates Increases in Gross Margins Due to New Qwest Communications Agreement

Business Wire, July 12, 2001

Business Editors

EMERYVILLE, Calif.--(BUSINESS WIRE)--July 12, 2001

E*Comnetrix Inc. (OTCBB:ECNXF), a company with operating subsidiaries in the electronic messaging based applications and diversified telecommunications services businesses announced today that Exstream Data has completed its new state of the art data center in Emeryville, Calif., with dedicated facilities to Qwest Communications International Inc. (NYSE:Q). In addition, the company has leased new headquarters space in the Watergate Towers complex also located in Emeryville.

"We are pleased to announce that we have completed our data center in Emeryville and have relocated all operations to that location," stated E*Comnetrix President Mark Smith. "In addition to our new data center we have established new corporate headquarters in Emeryville due for occupancy August 1, 2001. And, as we entered both of these premises leases subsequent to the crash in the local commercial property market, we have cut our total rents by over 45%." Emeryville is a growing technology hub one mile north of Oakland, Calif.

"Now that our new facilities are in place we will be able to increase electronic document delivery gross margins, in some cases by as much as 40%, utilizing our previously unannounced dedicated facility with Qwest," continued Smith. "And with this accomplishment behind us, we will now rededicate ourselves to reaching profitability, an effort which may include transferring existing telecom customer base to Qwest. Qwest has demonstrated that it is aggressive on pricing and that its quality of service has increased markedly. If we decide to implement this provisioning strategy Qwest would replace WorldCom as our preferred provider."

About E*Comnetrix Inc.

E*Comnetrix (OTCBB:ECNXF), through its operating subsidiaries Exstream Data, Inc. (www.exdata.com) and Moving Bytes Broadband Corporation (www.movingbytes.com), provides e-business solutions ranging from ultra-high volume electronic document delivery and branded interactive multimedia Internet messaging applications to diversified telecommunications services and broadband connectivity to over 1,500 clients including Fortune 1000 companies. The company utilizes the networks of MCI WorldCom Inc. (Nasdaq:WCOM) and Qwest Communications International, Inc. (NYSE:Q).

E*Comnetrix is audited by KPMG LLP and its common shares are registered with the U.S. Securities and Exchange Commission under the Securities and Exchange Act of 1934, as amended. The Company's SEC filings can be found on EDGAR and on SEDAR. For more information visit our web site at www.ecomnetrix.com.

Statements included with this press release, which are not historical in nature, constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by those sections. Such statements are indicated by words or phrases such as "anticipate," "estimate," "projects," "believes," "intends," "expects" and similar words and phrases. The following are important factors that could cause E*Comnetrix's actual results to differ materially from those expressed or implied by such forward-looking statements: the affect that access to the Company's SEC filing will have on visibility in the financial markets; the Company's need to raise substantial additional financing; the Company's ability to extend its cash resources and to implement one or more strategic alternatives; the Company's ability to attract and retain customers and manage its strategic investments and strategic relationships; the highly competitive nature of the electronic messaging, voice, data and internet access telecommunications services markets; the rapid rate of technological change in the telecommunications industry; the Company's history of operating losses and the unproven nature of its business model; the Company's dependence on third-parties; and other economic, business, competitive and governmental and/or regulatory risks detailed in the Company's filings with the Securities and Exchange Commission. Actual results may differ materially from the Company's expectations and estimates.