CeleXx Alerts Investors About Temporary Trading Symbol Change.

Business Editors

TEWKSBURY, Mass.--(BUSINESS WIRE)--Oct. 18, 2001

CeleXx Corp. (OTCBB:CLXX), today advised investors that a late filing of its fourth quarter and year end Form 10KSB would likely result in its trading symbol having the letter "E" attached to it for several days, until the report is electronically filed with the Securities and Exchange Commission.

"We apologize in advance for any inconvenience this may cause, and believe the regular trading symbol will once again be available early next week," said David Burke Sr., chairman & chief executive officer of CeleXx.

Two weeks ago, the company announced a major restructuring, appointment of new senior officers and relocation of the company's operational corporate headquarters from Florida to Tewksbury, the home of its flagship CMI subsidiary.

CeleXx's core competencies drive e-business integration, including: hardware and software integration, learning management integration, database engineering, custom e-learning development, e-learning help desk support, computer telephony and call center solutions.

This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements refer to future events, company plans, management expectations and the like. The company wishes to caution readers not to place undue reliance on any such forward-looking statements. Risks and uncertainties such as general economic conditions, management's ability to carry out plans, market conditions, political climates, financing and many other factors exist that may cause actual results to differ materially.