ACTERNA BANKRUPTCY NEWS: First Issue Free.

Business Editors

TRENTON, N.J.--(BUSINESS WIRE)--May 7, 2003

Bankruptcy Creditors' Service, Inc., today announced publication of ACTERNA BANKRUPTCY NEWS, tracking yesterday's chapter 11 filing by Acterna Corporation (OTCBB: ACTR), Acterna LLC, da Vinci Systems, Inc., Itronix Corporation and other affiliated companies.

A copy of the first issue of ACTERNA BANKRUPTCY NEWS is available at http://www.bankrupt.com/acterna.txt at no charge.

Daisy V. Flores and Frauline Sinson-Abangan serve as the newsletter's editors. They explain that ACTERNA BANKRUPTCY NEWS provides the information necessary to understand the critical issues in the bankruptcy process: value and timing -- how big is the pie, what size slice each constituency gets and how long the chapter 11 process will last.

Ms. Flores relates that the first issue of ACTERNA BANKRUPTCY NEWS, released today, includes information about the company's operations, gives detailed data lifted from the chapter 11 filings, identifies the largest creditors, and digs into the details behind the company's request to obtain new financing to fund projected cash losses.

Ms. Abangan says that the second edition, available later this week, will provide subscribers with detailed reviews of the company's handfuls of first-day motions brought before Judge Lifland in Manhattan to maintain stability from employees', customers', and critical vendors' perspectives, and bring the professionals on board to steer and guide management through the chapter 11 process.

"Our newsletters provide lawyers, creditors, competitors, and other parties-in-interest with an efficient and affordable way to sift through the mountains of court pleadings and seemingly random information delivered to the Bankruptcy Court," says Peter A. Chapman, President of Bankruptcy Creditors' Service, Inc. "Our editors are bankruptcy pros. They know how to quickly sort the wheat from the chaff. They bring order to chaos."

ACTERNA BANKRUPTCY NEWS is distributed on a subscription basis by e-mail for US$45 per issue. New issues are published as significant activity occurs (generally every 10 to 20 days) during the company's restructuring.

Since 1990, BCSI has published similar newsletters tracking billion-dollar insolvency proceedings. Currently, BCSI provides similar coverage about the restructuring proceedings involving Leap Wireless, Adelphia Communications and Adelphia Business Solutions, Genuity, WorldCom, Global Crossing and Asia Global Crossing, Winstar, 360networks, Lernout & Hauspie and Dictaphone, DirecTV Latin America, GenTek, Federal-Mogul, Hayes Lemmerz, Exide Technologies, W.R. Grace & Co., Owens Corning, Armstrong World Industries, USG Corporation, Safety-Kleen, Laidlaw, The IT Group, Encompass Services Corporation, NationsRent, Polaroid Corporation, Pacific Gas and Electric Company, Enron Corp., National Steel, Bethlehem Steel, LTV, Wheeling-Pittsburgh, Kaiser Aluminum, Metals USA, Fleming Companies, Kmart Corp., Ames Department Stores, Service Merchandise, Spiegel, Inc. (and its Eddie Bauer and Newport News subsidiaries), Fruit of the Loom, Burlington Industries, Pillowtex, Warnaco, Magellan Health Services, National Century Financial Enterprises, Integrated Health Services, Vencor, Inc., Sun Healthcare Group, Inc., Mariner Post-Acute & Mariner Health, Genesis Health & Multicare, Conseco, Inc., and Conseco Finance Corp., Reliance Group Holdings & Reliance Financial, The FINOVA Group, Inc., Comdisco, Air Canada, United Airlines, US Airways Group, Budget Group, ANC Rental, Covanta Energy Corp., Bridge Information Services, Loewen Group, Vlasic Foods, and Harnischfeger Industries, Inc.

Additionally, BCSI co-publishes the Troubled Company Reporter -- a daily newsletter that provides news about more than 1,000 on-going troubled company situations. Go to http://www.bankrupt.com/periodicals/tcr/tcr.form.html to sign-up for a 30-day free trial subscription to the TCR.