Computer Concepts Corp. Announces James Cannavino Becomes Chairman of Board of Directors.

Business Editors

BOHEMIA, N.Y.--(BUSINESS WIRE)--March 14, 2000

COMPUTER CONCEPTS CORP. (NASDAQ: CCEE) today announced that Daniel DelGiorno (Sr.) was retiring from his Chairman and officer positions with the company, and that the Board elected James Cannavino to complete Mr. DelGiorno's term and to act as Chairman of the Board until the next annual shareholder's meeting.

In conjunction with the agreement of Mr. Cannavino to head up the company, and having recently completed the company's most significant achievements with the completed sales in January of the company's investments in Softworks, Inc. (purchased in 1993 for $2 million and 100,000 shares of common stock and sold for approximately $61 million) and in February of its ComputerCop assets for $35 million, the company's President and CEO, Daniel DelGiorno (Jr.), informed the Board that he was electing to retire from his positions as a director and officer concurrent with his father's retirement in order to spend more time with his family in retirement. Mr. DelGiorno noted that the company is ready to move up to a new level of performance and is extremely fortunate to have a proven industry leader and luminary, James Cannavino, agreeing to accept the leadership role. Anthony Coppola, Executive Vice-President in charge of the company's d.b.Express internet telecommunications business, was named as acting President pending further actions by the Board.

James Cannavino, the new Chairman of the company, stated that management believes the market price of the company's stock still does not reflect the value of the company's assets and business, despite several noteworthy achievements, including being named regionally as one of the industry's fastest growing technology companies in each of the prior three years (in Deloitte & Touche's Annual Technology Fast 50 awards program), and additionally, the recent declaration of the company's second dividend ($.10 per share to shareholders of record on March 15, 2000, payable on May 1, 2000), and most significantly, the Softworks and ComputerCop sales transactions. He said, "The DelGiorno's did a remarkable job in guiding this company to its present position and have established the foundations for success. The recent sales transactions will enable the company to re-focus it efforts on its internet telecommunications applications, which under the new leadership we are bringing to the Board, along with Mr. Coppola, are positioned for growth to new levels. The Board will be considering additional actions to position the company for growth in the future and to maximize shareholder values."

James Cannavino, the new Chairman of the Board, has extensive experience in the computer industry including serving as a board member for several computer industry companies, and as the CEO and Chairman of Cybersafe Corporation. Prior to joining Cybersafe, Mr. Cannavino served as President of Perot Systems Corporation, which grew from $300 million to more than $800,000 million under his leadership, and prior to Perot, he was a senior executive at IBM, holding numerous executive management positions. As a 32 year veteran at IBM Corporation, Mr. Cannavino retired from IBM in March, 1995 as Senior Vice President for Strategy and Development. He was a member of the IBM Corporate Executive Committee and Worldwide Management Council, and served on the Board of IISM's Integrated Services and Solutions Company. He was also a Board member of three IBM joint-venture companies, including Prodigy Services, Inc., Digital Domain, Inc. and New Leaf Entertainment. He was responsible for driving IBM's thrust into network-centered computing, and is also widely recognized as the force behind IBM's investments in object technologies and new services offerings. Mr. Cannavino brings to the company a wealth of knowledge and experience in developing and implementing successful long-term strategic plans.

This release contains forward looking statements which are based on current information and on management assumptions, and are subject to other important factors disclosed from time to time in the company's Form 10-K and Form 10-Q , Registration Statements and other Securities and Exchange Commission filings including specifically, among other factors, changing political, marketing and economic conditions, adoption and timely roll-out of its products by licensees and acceptance of the company's Internet based d.b.Express applications. Quarterly results are not indicative of annual results and substantial variances from quarter to quarter may occur. Actual results may differ materially from any forward-looking statements in the release.

Computer Concepts develops software tools including d.b.Express that assist end users in the retrieval and visualization of all types of data with an application focus in the telecommunications billing and call detail market. The d.b.Express Internet Server(TM) and JAVA Applet have overcome a major Internet problem, that of high data volume and limited bandwidth, currently responsible for the lengthy delays associated with data downloading. For more information about Computer Concepts, call [phone] or visit Computer Concepts' web site at www.computerconcepts.com.