Cumetrix Data Systems Acquires additional Equity in SalesCentrix.com.

Business Editors

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Aug. 15, 2000

Cumetrix Data Systems Corp. (OTCBB:CDSC) today announced that it has closed on the first round of a previously announced financing agreement with Sovereign Capital Advisors, LLC and has concurrently acquired additional equity in SalesCentrix.com, an Application Service Provider and a company in which it already holds an equity position.

Max Toghraie, CEO of Cumetrix commented: "We are very pleased to announce two significant developments which we believe will have positive value implications for our shareholders. This is yet another step forward in creating a portfolio of very promising companies within the rapidly growing ASP marketplace."

John Botdorf, Chairman of Cumetrix stated: "We have exercised another option to increase our equity stake in SalesCentrix.com because they continue to execute on their business plan. They are well ahead of schedule for signing agreements with Value Added resellers and are within one quarter from turning on their revenue model.

"We also continue to be optimistic about the B2B marketplace and our investment in Online Transaction Technologies, Inc. OTT is beginning to increase its contract pipeline and is well positioned to compete in this space as companies increasingly look to the Internet for E-commerce solutions."

Cumetrix Data Systems Corp. (OTCBB:CDSC) is a national provider of automated custom configuration and component distribution services. The company has invested in and operates various Internet related ventures including two Internet commerce sites at "Suredeals.com" and "Sureauctions.com." The Company has headquarters in the City of Industry.

With the exception of historical information, certain statements in this news release are forward-looking statements that involve risks and uncertainties. Actual events or results may differ materially from the Company's expectations due to various factors including risks associated with any new Internet venture. The risks highlighted herein should not be assumed to be the only things that could affect the future performance of the Company. Additional explanation of these factors and other factors affecting the Company's performance are set forth from time to time in the Company's filings with the U.S. Securities and Exchange Commission.