Cumetrix Data Systems Corp. Announces Successful Completion of OTT Transaction and Change in its Board of Directors.

Business Editors

CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Feb. 5, 2001

Cumetrix Data Systems Corp. (OTC BB:CDSC), an e-commerce retailer and national provider of distribution and systems configuration services, today announced completion of the sale of its stake in Online Transaction Technologies Inc., which was acquired by Vsource Inc. (Nasdaq:VSRC), an Internet-based e-procurement solution company.

As part of the transaction, Cumetrix received approximately 322,000 shares of Vsource Inc., as well as warrants to purchase additional shares of Vsource Inc.

Separately, the company announced that following the completion of the OTT transaction, John Botdorf has elected to step down as chairman of the board of directors of Cumetrix Data Systems in order to pursue other interests.

Max Toghraie, chief executive officer of Cumetrix, commented, "John Botdorf leaves Cumetrix a much stronger company than when he came onboard. During his tenure as chairman, the company expanded its Internet portfolio with the addition of SalesCentrix.com, a Vancouver-based Application Service Provider who has made tremendous progress since our original investment.

"John was also instrumental in the OTT transaction, which in our view has created a much stronger potential return on investment as a result of its acquisition by Vsource Inc."

He concluded, "As previously reported, due to current market conditions, Cumetrix is no longer pursuing passive investments in Internet-related ventures; however, we appreciate John's valuable contribution to our progress and understand his desire to remain independent. We wish him the best in his future endeavors."

Botdorf commented, "I greatly appreciate having had the opportunity to work with Cumetrix management in formulating a well-defined Internet strategy. I believe that our initiatives in that area will result in significant future dividends to Cumetrix shareholders. With the job behind us, I return to my true passion in the technology start-up area."

Cumetrix Data Systems is an online retailer and a national provider of fully configured computer systems and peripherals. Through its Internet subsidiary, the company operates an e-commerce and auction Web site at www.suredeals.com and www.sureauctions.com. The company has investments in other Internet-related ventures.

With the exception of historical information, the matters discussed above include numerous forward-looking statements that involve risks and uncertainties. Actual results may vary substantially as a result of a variety of factors. These and other risk factors are discussed in the company's recent filings with the Securities and Exchange Commission on Form 10-Q, filed on Nov. 13, 2000, and Form 10-K filed on July 13, 2000, and the reader is directed to these reports for further discussion of important factors that could cause actual results to differ materially from the forward-looking statements set forth herein.