CTI Group Announces Management and Board Restructuring.

Business Editors

INDIANAPOLIS, Ind.--(BUSINESS WIRE)--Sept. 7, 2001

CTI Group (Holdings) Inc. (OTC:CTIG) announced today that its President and CEO, Anthony P. Johns, has resigned his position to pursue other entrepreneurial challenges.

Mr. Johns will continue in office until January 31, 2002. CTIG has appointed Heidrick and Struggles, Executive Recruitment Specialists, as consultants to begin the search for a new CEO. Johns will play an active role in the selection process liaising with Heidrick's Managing Partner, John Strackhouse, and CTIG's Board of Directors. Beyond January 31, 2002, Johns will continue to serve the Company as a board member.

CTIG also announced, effective today, that Mr. Salah Osseiran is stepping down from his board position to accommodate the appointment to the board of Mr. Stephen J. Bartkiw. Bartkiw was Director of Online Services with Rogers Cablesystems where he played a pivotal role in the launch of Rogers' high-speed Internet access service. More recently he was Chief Executive Officer for AOL Canada Inc., a strategic alliance between America Online and Royal Bank.

Commenting on the restructuring, CTIG's Chairman, Mr. Harold Garrison said "We are naturally disappointed to lose Tony from the management team yet we understand his desire to apply his considerable entrepreneurial talents to companies in distress where he excels. Tony has taken CTIG through difficult times and done a great job in positioning the Company with a strong balance sheet and excellent growth prospects, which should now enable the Company to go from strength to strength. I am delighted that Tony has agreed to continue to serve the Company as a board member. In this capacity we will draw on his skills to provide advice and other input into our future merger and acquisition strategies."

Mr. Garrison added, "The board would like to thank Mr. Salah Osseiran for his past services as a director of the Company and for his future involvement as an advisor to the board. Mr. Stephen Bartkiw completes our board restructuring to the point where I feel confident we now have the in depth strength at board level to lead the Company into an exciting future. Stephen is an exceptional appointment for a Company of our size and he will play an active role in helping us to unlock the considerable potential that lies ahead for the Company."

Cautionary Statements

This report contains "forward-looking" statements. Examples of forward-looking statements include, but are not limited to: (a) projections of revenue, capital expenditures, growth, prospects, dividends, capital structure and other financial matters; (b) statements of plans and objectives of the Company or its management or Board of Directors; (c) statements of future economic performance; (d) statements of assumptions underlying other statements and statements about the Company and its business relating to the future; and (e) any statements using the words "could", "should", "anticipate", "expect", "may", "project", "intend" or similar expressions.

The Company's ability to predict projected results or the effect of events on Company's operating results is inherently uncertain. Forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those discussed in this document.

In addition to information provided elsewhere in this document, shareholders should consider the following: the risk that the Company will not be able to attract and retain customers to purchase its products, the risk that the Company will not be able to commercialize and market products; results of research and development; technological advances by third parties; competition; future capital needs of the Company; history of operating losses; dependence upon key personnel and general economic and business conditions.