BiznessOnline.com Receives New York State PSC Approval of Telecon Communications Transaction.

Business & High Tech Editors

WALL, N.J.--(BUSINESS WIRE)--March 20, 2000

Telecon's Acquisition Closing Scheduled

BiznessOnline.com (NASDAQ NMS: BIZZ), announced today that the Company received final New York State Public Service Commission approval to transfer Telecon Communications Corporation's Certificate of Public Convenience and Necessity and Tariffs to BiznessOnline.com. Telecon Communications Corporation is a New York State CLEC based in Johnstown, NY. BiznessOnline.com previously announced in December 1999 that it had entered into definitive agreements to acquire Telecon and its ISP affiliate Telesupport, Inc., subject to NYS PSC approval to transfer the Certificate. A closing is now expected to occur within three weeks.

Telecon generated approximately $10.5 million in revenue and $1.7 million in EBITDA in 1999, and its acquisition will increase BiznessOnline.com's Company-wide annualized revenue to approximately $28 million. Telecon provides its 11,000 accounts in New York State's Mohawk Valley region with high-speed Internet access services including Frame Relay, T-1 and other broadband access products, local dial tone, long distance, wireless, and paging services, all on one bill. Approximately 60% of the Telecon's revenue is generated by customers purchasing multiple services.

Mark E. Munro, CEO of BiznessOnline.com, commented, "We're looking forward to closing on our acquisition of Telecon and Telesupport, which will fulfill our goal to become a comprehensive bundled services provider. Most importantly, we'll be one of a few companies with a sizable customer base in the Northeast to offer bundled services on a single bill. Telecon is a well established organization, and we'll be able to offer our existing New York BiznessOnline.com customers new products immediately. This is a major step forward."

BiznessOnline.com is one of the Northeast's leading enhanced IP services companies, and is a premier regional provider of e-commerce, co-location, Web design and hosting services, and high-speed Internet access for commercial and residential markets. BiznessOnline.com addresses the growing Web and Internet needs of small and mid-sized businesses by offering enhanced IP application, development and support services.

In addition the Company provides secure broadband Internet connections via BiznessOnline.com's fault-tolerant, fiber-optic backbone network, which is supported by 24x7 customer care and network monitoring. BiznessOnline.com's Corporate offices are located in Wall, N.J., and the Company can be found on the World Wide Web at www.biznessonline.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:

Certain statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including risks inherent to the Company's growth strategy, the ability to complete and integrate acquisitions, market demand for the Company's services and other factors affecting the Company's prospects as described in the Company's prospectus in its Form SB-2 registration statement. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.