NetWolves Corporation Approved for NASDAQ Small Cap Market Listing.

Business Editors

MELVILLE, N.Y.--(BUSINESS WIRE)--April 20, 2000

Walter M. Groteke, CEO of NetWolves Corporation, announced today that "NetWolves Corporation's common stock has been approved for listing on the NASDAQ small cap market and will commence trading on that market April 20, 2000 under the trading symbol WOLV."

NetWolves Corporation, headquartered in Melville, New York, has three subsidiaries: NetWolves Technologies, Inc. in Tampa, FL; TSG Global Education Web, Inc. in Guilford, CT; and ComputerCop Corp. in Melville, New York.

NetWolves Technologies, Inc. develops Internet enabling software and the FoxBox Internet gateway systems providing corporations and organizations cost effective, reliable, and secure Internet access. The FoxBox is described as an all-in-one Internet access solution for businesses with hundreds of individuals on one or more LANs at a single location. The FoxBox offers a variety of Internet access bandwidth connections and; a multi level firewall, web surfing, web hosting, email serving, web and DNS caching, DHCP, which automatically allocates IP addresses to the devices on a LAN, file sharing and serving, web site access filtering on a permit or deny basis, FTP, text logs, and graphical reports. Two options provide Mail Archive, which stores all incoming and outgoing emails and Virtual Private Networking (VPN) with encryption for secure data transmission between offices connected on the Internet with FoxBox's. A single browser based Administrative Interface manages all system functionality from assigned work station(s) on the LAN or remotely.

TSG Global Education Web, Inc. is a pre-eminent training organization to the petroleum industry, which, through the use of FoxBox technology, has been designed to facilitate productivity enhancing distance learning programs through the Internet on a secured basis. One of the applications, Profit Coach, is a training and management program that has allowed service stations with mechanic bays to significantly increase profits by enhancing service sales and controlling costs. The C-Store Analyzer is intended to do the same for service stations with convenience stores and restaurants. They have also developed the Educational Services Communications Network (ESCN), which securely delivers their training and management programs over the Internet and collects test results for management supervision. The ESCN system requires no local configuration and is remotely programmed and monitored at a central site. Thin clients at the remote service stations add reliability and are controlled by the ESCN Thin Client OS developed by NetWolves Technologies.

ComputerCop Corp. delivers the ComputerCop application package that allows parents to know what their children are looking at and who they are chatting with on the Internet. A ComputerCop Deluxe version enhances the search, which is intended to provide a safer environment for the child. ComputerCop Professional is designed for businesses that are concerned with appropriate employee Internet use, which should enhance employee and business productivity by focusing computer use on approved business activities. ComputerCop Forensic will allow law enforcement agencies to analyze computer crime without altering the computers they are analyzing.

For more information, visit our web sites at www.netwolves.com, www.tsgglobaled.com, and www.computercopinfo.com.

Forward Looking Statements. All statements other than statements of historical fact included in this release are forward-looking statements. When used in this release, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, as well as assumptions made by and information currently available to the Company's management, identify forward-looking statements. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors including, but not limited to, the effect of business and economic conditions; the impact of competitive products and pricing; and capacity and supply constraints or difficulties. Such statements reflect the current views of the Company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the Company.