Elcom International, Inc. Names New President.

Business/Technology Editors

NORWOOD, Mass.--(BUSINESS WIRE)--Nov. 29, 2000

Elcom International, Inc. (Nasdaq:ELCO), today announced that John Halnen, the current president and CEO of Elcom Services Group, Inc., a wholly-owned subsidiary of the Company, has been appointed to President of Elcom International, Inc.

Robert J. Crowell, chairman and CEO of Elcom International, Inc. said, "I am pleased to announce John Halnen's appointment to the post of President of Elcom International, Inc. John has been with the Company almost since its inception, knows our business in detail, and is well positioned to help lead Elcom International, Inc. into the future. As President of Elcom International, Inc., John will continue to oversee operations at Elcom Services Group but will now also have a view toward both of the Company's subsidiaries to foster leveraging costs and opportunities throughout the organization. I look forward to working closely with John going forward."

John Halnen, Elcom International, Inc.'s president commented, "I have worked with Bob Crowell for many years and look forward to assisting him as we continue to position and reengineer the Company to make it more efficient while enhancing the value-add to our customers. I intend to re-examine the Company with a view toward outsourcing more of our various business areas as we make Elcom Services Group and elcom, inc., into the most streamlined and efficient organizations possible."

About Elcom International, Inc.

Elcom International, Inc. (www.elcominternational.com), through its wholly-owned subsidiaries, elcom, inc., which is a leading provider of eProcurement and eMarketplace solutions and Elcom Services Group, which specializes in business product remarketing and logistics, distribution, and product fulfillment outsourcing services. elcom, inc. is the global leader of remotely-hosted eProcurement and eMarketplace solutions. elcom's innovative technology leadership with PECOS Internet Procurement Manager, the world's first "live" remotely-hosted eProcurement platform, and PECOS Internet Exchange Manager, its second generation eMarketplace platform, establishes the next standard of value and enables enterprises of all sizes to realize the many benefits of B2B eCommerce without the burden of infrastructure investment and ongoing content and system management. elcom solutions compete against such companies as Ariba, Inc., Commerce One, PurchasePro.com, and Clarus Corporation.

Statement Under the Private Securities Litigation Reform Act 

This press release includes statements that may constitute forward-looking statements. All statements other than statements of historical fact, including, without limitation, those with respect to the Company's objectives, plans and strategies set forth herein and those preceded by or that include the words "believes," "intends," "expects," "will," "plans," "anticipates," or similar expressions, are forward-looking statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Such risks and uncertainties include: the overall markets' and individual customers' acceptance and usage of the Company's electronic commerce software systems, corporate demand for (and price decreases of) PC products and other office products, changes in manufacturer policies reducing price protection and tightening on returns and other policies, the risks of doing business in foreign countries, and the impact of competitive technology products, competitive pricing pressures and the availability and terms of appropriate working capital and/or other financing as well as factors and other risks detailed in the Company's Registration Statement on Form S-3 and from time to time in the Company's other reports filed with the SEC. The Company assumes no obligation to update any of the format, or information contained or referenced, in this announcement.

Regulation FD (Fair Disclosure)

Under Regulation FD (Fair Disclosure), promulgated by the Securities and Exchange Commission and effective October 23, 2000, the Company would like the investing public and its shareholders to be aware of the following general information which, from time to time, the Company may wish to discuss with other parties.

The Company intends to streamline its personnel and operations wherever possible including the possible transfer of its fulfillment operations to its current facility in Canton, thereby allowing the Company to sub-lease its larger Eastern Distribution Center. This would (net) reduce the Company's facilities costs. The Company also intends to investigate outsourcing various functions for its operations in the United States.

The Company's previous press releases containing information promulgated pursuant to Regulation FD, can be found on our web site at www.elcominternational.com/press_releases or may be requested from the Company via registered mail.