BiznessOnline.com announces First Quarter Results Revenues Increase 862%.

Business Editors/Hi-Tech Writers

WALL, N.J.--(BUSINESS WIRE)--May 15, 2000

BiznessOnline.com, Inc. (NASDAQ NM: BIZZ) today reported results for the quarter ended March 31, 2000. Revenues for the quarter increased 862% to $4,077,000 from $424,000 for the same period of 1999. Revenues for the first quarter of 2000 do not include the results of Telecon Communications, Inc. and Telesupport, Inc., both of which were acquired on March 31, 2000. The revenues for Telecon and Telesupport for the first quarter of 2000 were $2,818,000. Our annualized revenue run rate, including Telecon and Telesupport, is now approximately $28 million which does not reflect anticipated sales of Telecon's telecommunications products and services which we expect to cross sell to our existing customer base.

The significant increase in revenues is attributable to the acquisitions we completed during 1999, combined with internal growth. Net loss for the quarter ended March 31, 2000 was $3,382,000 or $0.39 per share, as compared to a net loss of $140,000, or $0.04 per share for the quarter ended March 31, 1999. The net loss for both periods is primarily attributable to depreciation and amortization of goodwill associated with the acquisitions. For the quarter ended March 31, 2000, depreciation was $405,000 and amortization of goodwill was $1,739,000. The EBITDA loss for the quarter ended March 31, 2000 was $1,148,000, as compared to a loss of $12,000 for the same period in 1999. EBITDA for the quarter ended March 31, 2000 included corporate overhead associated with the rapid expansion of the BiznessOnline.com corporate entity, which did not have significant operations until the second quarter of 1999. The Company also incurred approximately $673,000 for the quarter ended March 31, 2000 of expenses associated with integrating the five companies acquired in the first half and 1999 and the six companies acquired in the second half of 1999, during the first quarter of 2000. Also, during the quarter, we made further investments in our infrastructure by expanding our technical and service staff at our call center located in Albany, New York to provide for 24 hour by 7 day customer support. We also hired an additional 15 full time sales people to complement our existing New York and Connecticut sales force and to further penetrate the small to medium sized business market in the New York and Connecticut market area.

                        BiznessOnline.com, Inc.
                           Income Statement
            (In Thousands, except share and per share data)
                              (unaudited)

                           For  the Three Months Ended
                      March  31, 2000         March  31, 1999
                      ---------------         ---------------
Revenues                $  4,077                $     424

Connectivity and
 Operations                3,359                      141
Selling, General and
 Administrative            1,866                      295
Amortization               1,739                      102
Depreciation                 405                       25
                      -----------            -------------

Total Expenses             7,369                      563

Operating Loss            (3,292)                    (139)

Interest Income
 (Expense), net                4                       (1)
                      -----------            -------------

Loss Before Taxes         (3,288)                    (140)

Income Tax Expense            94                        -
                      -----------            -------------
Net Loss                 $(3,382)                   $(140)
                      ===========            =============

EBITDA                  $( 1,148)                     (12)
Net Loss per share         $(.39)                   $(.04)
Weighted Average
 shares Outstanding    8,614,297                3,325,497

BiznessOnline.com is one of the Northeast's leading enhanced IP services companies, and is a premier regional provider of advanced co-location, Web design and hosting services, and high-speed Internet access for commercial and residential markets. BiznessOnline.com satisfies the growing Web and Internet needs of small and mid-sized business 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, NJ, 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 of these 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 the uncertainties inherent in the process of auditing and making end-of-year adjustments to a corporation's financial statements, risks related 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 filings with the Securities and Exchange Commission, including 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.

L.G. Zangani, LLC provides financial public relations service to the Company, As such L.G. Zangani, LLC and/or its officers, agents and employees, receives remuneration for public relations and or other services in the form of moneys, capital stock in the Company, warrants or options to purchase capital in the Company.