American Multiplexer Corporation 'AMC' is Cleared by the SEC to Become a Public Reporting Company.

Business Editors/High-Tech Writers

SUNNYVALE, Calif.--BUSINESS WIRE--Oct. 2, 2000-- American Multiplexer Corporation (OTCBB:AMUT) is pleased to announce that its Registration Statement on the Form 10 has been declared effective and all comments from the Securities and Exchange Commission were cleared as of September 28, 2000.

The company's common stock is now registered with the SEC pursuant to Section 12(g) of the Securities Act of 1934, as amended, and the company is now subject to the reporting requirements thereof. The company plans to immediately file for listing on the NASDAQ. The company's Registration Statement on the Form 10 may be obtained through the SEC's EDGAR database at the SEC's website at www.sec.gov or from the company.

About AMC 

Located in Sunnyvale, California, American Multiplexer Corporation (dba AMC Network Services) is an infrastructure service provider that delivers high bandwidth content for business applications. The company has pioneered a multimedia communications network that utilizes IP data and video multicast technology over a fully integrated terrestrial and satellite network. The company specializes in content delivery, dedicated web-based application hosting and caching services. AMC partners with other technology companies such as Level (3) Communications, Oracle Corporation, SatMex, Philips Digital Networks and Hewlett Packard. AMC is traded on the NASDAQ - OTC BB market under the symbol AMUT. Tel: [phone], Fax: [phone], web site www.amux.com

PLEASE NOTE: This news release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, about the Company's business and products, projected revenues, expenditures and operating and capital requirements. In this news release, statements or other information that are not historical facts, including but not limited to statements (a) that include the words "believes," "expects," "anticipates," "estimates" or words of similar importance or meaning; (b) that describe any company's plans, objectives, schedules or goals for future operations or products, or (c) that concern the characteristics or growth of any company's markets or customers or products or the projected revenues or profits or liquidity and capital resources of any company, are forward-looking statements that are inherently subject to numerous substantial risks and uncertainties. There can be no assurance that the results described in such forward-looking statements have been or will be realized. Reference is made to documents filed in compliance with U.S. Securities and Exchange Commission rules and regulations for a discussion of such risks and uncertainties and other factors that may have a material effect on the business of the relevant company. The information in this news release should not be used or relied on for any decision to invest in, purchase, retain, sell or otherwise transfer the stock of any of the named companies or for any related purpose.

All referenced brands or company names are the trademarks or registered trademarks of their respective owners.