Carnegie International Named Authorized Distributor for Ameritech.

Business/Technology Editors

BALTIMORE--(BUSINESS WIRE)--June 19, 2000

Carnegie International Corporation, Inc. (OTC: BB CGYC), a computer telephone and Internet support holding company, announced today that it has been named an authorized distributor for Ameritech(R) in the Midwest.

Lowell Farkas, president of Carnegie, said the company has been authorized to distribute the full range of Ameritech products in Illinois, Indiana, Michigan, Ohio and Wisconsin, selling through its American Telephone & Computer subsidiary, based in Elmhurst, Illinois, in the Chicago suburbs.

Ameritech is the premier provider of communications services in the Upper Midwest, with nearly 20 million business and residential customers - more than 22 million access lines - across Illinois, Indiana, Michigan, Ohio and Wisconsin.

Additional $1 Million in Revenues to Carnegie

"Distributing Ameritech products in the Midwest is a great opportunity for Carnegie," said Farkas, noting that the company will begin its sales effort in the Chicago area. "We believe Ameritech-based sales will generate approximately $1 million in additional revenues to Carnegie over the next 12 months," he said.

Carnegie and its American Telephone & Computer subsidiary will offer Ameritech products including Internet access, ISDN service, and audio and video conferencing.

About Carnegie International Corporation

Carnegie International Corporation (OTC BB: CGYC, www.carnegieint.com) is an Internet support and computer telephony holding company with specialization in telecommunications products, services and distribution, and in E-Commerce and EDI. Its primary wholly-owned subsidiaries include: RomNet Support Services, Inc., an Internet, e-business and technical support services company, Profit Through Telecommunications (Europe) Ltd. (PTT), a telecommunications software company providing business solutions utilizing proprietary speech recognition, touch tone and bar code responses to send and/or receive information; ACC Telecom of Columbia, Maryland, a leading reseller of equipment and business telephone systems from Comdial(TM), Lucent(R), SONY(R) and Sprint(R); American Telephone & Computer, an Ameritech and Comdial dealer based in Elmhurst, Illinois, in the Chicago suburbs; Voice Quest, Inc., of Sarasota, Florida, a developer and provider of speech recognition and voice mail technologies and products, Paramount International Telecommunications, Inc., of Vista, California, which serves hotels and other businesses, primarily in 0+/- call auditing and international one-plus sectors, and Federation of Associated Health Systems, Inc., of San Antonio, Texas, which serves more than 700 hospitals with telecommunications services, primarily in 0+/- call auditing and international one-plus sectors.

About Ameritech

Ameritech is the premier provider of communications services in the Upper Midwest, with nearly 20 million business and residential customers - more than 22 million access lines - across Illinois, Indiana, Michigan, Ohio and Wisconsin. It is a company of SBC Communications Inc. (www.sbc.com), a global communications leader. Through its subsidiaries' trusted brands - Southwestern Bell, Ameritech, Pacific Bell, SBC Telecom, Nevada Bell, SNET and Cellular One - and world-class network, SBC's subsidiaries provide local and long-distance phone service, wireless and data communications, paging, high-speed Internet access and messaging, cable and satellite television, security services and telecommunications equipment, as well as directory advertising and publishing. With more than 208,000 employees, SBC is the 13th-largest employer in the U.S., with annual revenues that rank it among the largest Fortune 500 companies.

Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this Press Release (as well as information in oral statements or other written statements made or to be made by Carnegie International Corporation) contain statements that are forward-looking, such as statements relating to the future anticipated direction of the telecommunications industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Carnegie International Corporation. These risks and uncertainties included, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, change in Federal or state laws, and market competition factors.