Alan Greenberg Joins the Board of Directors of Nimbus Group, Inc.

Business Editors

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 22, 2001

Managing Partner of Greenberg Ventures LLC and Former Publisher of

Esquire Magazine joins the Board of Directors of Nimbus Group, Inc.

Nimbus Group (AMEX:NMC) today announced the appointment of Mr. Alan Greenberg to its Board of Directors. Over the next 7 years, Nimbus is committed to the development of a lower cost, reliable and secure private jet air taxi network with 1,000 aircraft.

Mr. Greenberg has a prolific track record in the successful creation and launch of new communication networks and in the management and growth of media properties. Mr. Greenberg is currently Chairman and Managing Partner of Greenberg Ventures, LLC, a private equity firm focusing on investments in the communications, education, technology and financial services sectors. Prior to forming Greenberg Ventures, Mr. Greenberg was founder and Chairman of Greenberg News Networks where he established a nationwide healthcare information network, which was sold to Healtheon/WebMD. Prior to the creation of Greenberg News Networks, Mr. Greenberg was the publisher of Esquire magazine, leading its much-publicized turnaround.

Mr. Greenberg currently serves on the boards of LearningSoft Corporation, a provider of educational software solutions for the K-12 market; the New York Private Placement Exchange, a leading electronic communications network for the secondary private equity marketplace; and Vidyah, a provider of streaming media services for the corporate training marketplace.

"I am extremely proud to have an opportunity to work with David Shpilberg, Ilia Lekach and the Nimbus Jet team on the growth and development of this important company," said Mr. Greenberg. "Nimbus has the potential to revolutionize private air travel and it is my hope that my marketing, finance and operational experiences can add value to the building of this formidable enterprise."

"Mr. Greenberg is a very important addition to the board," said Ilia Lekach, chairman of Nimbus Group. "He has extensive knowledge of international finance and marketing. He will undoubtedly contribute a great deal to the success of Nimbus Group."

About Nimbus Group

Nimbus Group intends to make personal jet travel broadly affordable throughout North and South America. Pre-screened "Nimbus Travel Card" members will have the convenience to travel at the spur of the moment in comfort and safety. Nimbus Group, through an affiliated network of travel agents, limousine companies, air charter companies and airlines, will provide travelers with individualized air taxi transport on-demand, doorstep to destination. http://www.nimbusjets.com.