Converge Global Inc. Appoints Former Deloitte & Touche Senior Manager as Chief Financial Officer.

Business Editors

SANTA MONICA, Calif.--(BUSINESS WIRE)--April 24, 2000

Converge Global Inc (OTCBB:CVRG) today announced that Hamid Kabani has been appointed as the company's chief financial officer.

Kabani served as a senior manager at Deloitte & Touche until he left to enter private practice the end of 1998. Kabani has a broad base of experience in planning, conducting and managing accounting & audit related engagement for high technology entities, manufacturers, real estate developers, entertainment related companies, service organizations, banks, insurance companies and governmental organizations.

Kabani is a certified public accountant (CPA) as well as a Chartered Accountant with audit and accounting experience of approximately 20 years. Kabani is also a member of qualification committee of Board of Accountancy in California. Kabani was also a member of National Manufacturing Industry practice sub committee on International Interface at Deloitte & Touche.

CVRG has established a comprehensive Internet technology development infrastructure upon which the company intends to capitalize through the development and launch of proprietary, commerce-driven specialty Web portals, each designed to target a large market niche, as well as through "technology investments" in other promising Internet companies. Converge Global Inc. has uniquely positioned itself as an incubator with an extensive talent pool in the Indian Subcontinent. This talent pool allows Converge to take its ideas from Concept to Reality in an expeditious manner. Also using the "Build In Rupees and Sell in Dollars" financial model, CVRG has a competitive and financial edge on it's North American peers.

Over the years as a CPA, Kabani has acted as an engagement partner, technical partner, and quality control specialist for several public and private clients at the domestic and international levels.

Imran Husain, president of CVRG stated, "Mr. Kabani's clientele have included public and private companies, ranging from start-ups to companies with revenue over one billion dollars. Hamid was a part of high-tech audit group of Deloitte & Touche, LLP, a big five accounting firm, in a senior management role. We feel that Mr. Kabani will be an integral part of our expansion and growth efforts. With him as CFO we are poised to move from a growth company into an industry fixture without the need to reappoint the CFO position. Maintaining a strong transitionally enabled management staff will help to make our company growth more efficient and consistent."

Please note: Included in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurances that such expectations reflected in such forward-looking statements will prove to have been correct.