Don A. Steffens to Lead OmniNet Media as CEO.

Business Editors

LONG BEACH, Calif.--(BUSINESS WIRE)--May 22, 2001

OmniNet Media (OTCBB:ONMC), an emerging leader of wireless, point-of-purchase, in-store advertising and information delivery networks, today announced that Don A. Steffens will lead the company in the capacity of chief executive officer.

Steffens will be responsible for executing the corporate business strategy, overseeing each division within the organization and guiding all corporate development. Steffens will also serve on the company's board of directors.

"I am delighted to have this opportunity to lead OmniNet Media," said Steffens. "I have been involved with many highly successful ventures in several high-growth industries, and I am convinced that OmniNet Media has a unique vision and valuable proposition that we can successfully leverage into several highly lucrative vertical markets."

The company's end goal is to implement its proprietary technology by building out a vast network of wireless point-of-purchase, multimedia-based, plasma display panel solutions into select consumer mass markets throughout the United States.

Steffens, president of OmniNet Media, has 25 years of executive management experience as president/CEO, chief financial officer and chief operational officer of several public and private corporations.

His career encompasses the commercialization of technology-driven products, developing strategic marketing alliances with major corporations, manufacturing, distribution and new-product launch initiatives into strategic vertical markets including software applications for the banking industry, in-store advertising concepts for retail chain stores, and product distribution of drug and dietary supplements.

Steffens will conduct his operations from the company's newly relocated executive offices at One World Trade Center, Eighth Floor, Long Beach, Calif. 90831.

OmniNet Media is an emerging leader in the provision of wireless advertising and information delivery networks that leverage proven mass-market distribution channels using the latest in point-of- purchase, wireless network, plasma display panel, multimedia content delivery and data warehouse server technologies.

The company's objective is to further shareholder, retailer, manufacturer and consumer interests by leveraging established purchasing and distribution networks to facilitate measurable access and delivery of targeted products, information and services to in-store shoppers through the use of leading-edge point-of-purchase technologies.

This news release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risk, uncertainties or other factors that could cause actual results to materially differ from the results, performance or expectations implied by these forward-looking statements. The issuer's expectations, among other things, are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, and retention of its key management and operating personnel, as well as other uncontrollable or unknown factors.