Bernhard Fritsch Incorporates Netrax Technologies, Inc. as MCY Technology Subsidiary; Expands B-to-B Licensing of State-of-the-Art Digital Distribution Technology.

Business Editors/Hi Tech Writers

NEW YORK--(BUSINESS WIRE)--Feb. 14, 2001

Bernhard Fritsch, CEO of MCY.com, Inc., (OTC-BB: MCYC), today announced the incorporation of NETrax Technologies, Inc., a new MCY subsidiary focused on the exploitation of MCY's digital distribution technologies.

NETrax Technologies, Inc. will be responsible for the ongoing development, marketing and licensing of the NETrax application suite. This suite provides a turnkey solution for secure digital distribution, encompassing digital rights management (DRM), secure file transfer, flexible pricing, and online royalty reporting and payment.

"NETrax's secure distribution technologies have always been ahead of the curve," said Mr. Fritsch. "This new subsidiary provides the development, sales and service support needed to license NETrax across all sectors of the digital economy."

About MCY

MCY is an international media company focused on the secure delivery of premium entertainment products across digital channels.

The company's subsidiary, NETrax Technologies, Inc., develops and licenses MCY's patent-pending technological solutions for the distribution of digital products over internet, wireless, cable and satellite channels.

The company's music division produces exclusive music products and distributes them to broadcast, cable, wireless, and Internet networks. Recent productions include live events from The Who, Pete Townshend, *NSYNC, The Backstreet Boys, Paul McCartney, Luciano Pavarotti, and many others.

The company's flagship portal, MCY.com, distributes MCY's exclusive products and offers one of the world's largest selections of digital music for secure commercial download.

Founded in 1995, MCY.com (OTC-BB: MCYC) is based in New York with European headquarters in Munich. For more on MCY, visit the company's website at www.mcy.com.