CDX.com, Incorporated Names New CEO and Announces Restructure and Refocus of its Business Plan.

Business Editors

WASHINGTON--(BUSINESS WIRE)--Jan. 30, 2001

In a statement made earlier today, Philip A. Verruto, newly appointed CEO of CDX.com, Incorporated (Pink Sheets:CDXX) announced a new direction for the company. "CDX.com is implementing an exciting new business plan that refocuses the Company's efforts and resources on the opportunities rapidly emerging as a

result of deregulation across the international communications markets," said Verruto. "We are directing our efforts at the acquisition of selected Integrated Communications Providers (ICPs) with in-country operations serving the Spanish and Arabic speaking populations in Latin America, North America, Europe and the Middle East."

"We are creating a global network of subsidiary companies operating in the US and foreign countries under licenses granted through the deregulation of the telecommunications industry," Verruto said. "The company will provide integrated communications services for business, residential and trade customers that will include national and international long distance calling, local calling, Internet services and data transport services in keeping with the appropriate local licenses."

"Deregulation of international markets has spawned many new private companies that are operational and now seeking capital to grow. The current state of the financial markets makes obtaining this capital sometimes difficult for these new enterprises," said Verruto. "We see this as an opportunity to make attractive deals."

CDX.com, Incorporated was formerly structured as a medical technology enterprise and has divested itself of all operations pertaining to that business and is now repositioning itself as a Global ICP (Integrated Communications Provider) serving the Hispanic and Arabic speaking communities in North America, Latin America, Europe and the Middle East.

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This press release may include forward-looking statements that involve risk and uncertainty. Although the company believes its expectations reflected in such forward-looking statements are based on reasonable assumptions, no assurance can be given that such projections will be fulfilled. Any such forward-looking statement must be considered along with knowledge that actual events or results may vary materially from such predictions due to, among other things, political, economic or legal changes in the markets in which CDX does business.