iExalt, Inc. Announces Addition of New Board Members; Network Solutions Former VP, Crosswalk.com Co-founder and Venture Capitalist Elected.

Business Editors & High Tech Writers

HOUSTON--(BUSINESS WIRE)--Aug. 14, 2001

iExalt, Inc. (OTCBB:IXLT), a Christian products and services company with significant technology and Internet-related activities, today announced the election of Raymond "Butch" Corson, Dane B. West and James A. Ryffel to the company's board of directors. The three new directors provide an impressive track record of growth and success in Internet strategies, insight and financial expertise that solidifies the company's position as a dominant player in the Christian marketplace.

"We are blessed to be able to welcome Butch, Dane and Jim to the board," said Donald W. Sapaugh, chairman and chief executive officer of iExalt. "All three have major contributions to make in the strategic planning and direction of the company because of the wealth of experience and wisdom they bring to the table. Their willingness to serve as directors confirms the phenomenal opportunity we have to be a leading provider of products, services and Internet solutions to the Christian community. We believe the addition of their leadership will help the company achieve positive cash flow, profitability and continued growth, and we are humbled by their willingness to serve in this position."

Raymond "Butch" Corson, former senior vice president of Network Solutions, Inc., is currently a senior partner for Telecommunications, Internet Applications, and Electronic Commerce for MAPA. He is also managing director of Sunrise Valley Partners, an incubator for small start-ups. He also holds board positions for SoftCard Systems, Inc. a small card technology firm, and NameTree, Inc., an Internet infrastructure company focused on DNS management and outsourcing.

Dane B. West is co-founder of Crosswalk.com, Inc., the leading Christian Internet portal. The company's annual advertising revenues grew from $17,000 in 1997 to $6.4 million in 1999. West served as a director of the company from its inception in 1993 until May 2001, and now wants to offer his expertise and support to help with the growth of iExalt. Currently Mr. West is the president of The West Group, a consulting firm specializing in launching and building early-stage companies. He is an ordained minister and completed doctoral studies in educational administration at the University of Virginia.

James A. Ryffel is president and founding Partner of Woodcrest Capital, LLC, a Fort Worth, Texas based diversified venture finance firm. Mr. Ryffel has been the president of Woodcrest Management, Inc., a real estate firm for the past 19 years. Ryffel was a founding investor and former director of Flashnet Communications, Inc., one of the largest Internet service providers in North America. The company was recently sold to Mexico-based Prodigy. Additionally, he is founder and chairman of the board of directors of Hispanic Television Network, Inc. (OTCBB:HTVN), the third largest and fastest growing Spanish-language television broadcaster in the United States. Through Woodcrest Capital, Ryffel is a participant in strategic financing for the media, entertainment, technology, software, healthcare, ranching and real estate industries.

Headquartered in Houston, iExalt, Inc. was founded in 1999 to provide Christian products, services and Internet solutions to the Christian community. The company's strategy is to acquire, develop and manage a large channel of media (print, radio, software and Internet) in order to leverage its products and services in a cost-effective manner, and to migrate successful products and services to the Web. The iExalt family of companies includes:

-- iExalt.com, a Christian Internet destination

-- ISP filtering at www.CleanWeb.net

-- Christian Happenings, a Christian events magazine

-- Christian Times newspapers

-- ListenFirst.com , a Christian music news site

-- iSermons.com and TheParentLink.com, subscription-based resources for leaders


-- ChristianSpeakers.com, the nation's leading Christian speakers bureau

-- ChristianArtists.com, a full-service talent agency

-- iExalt Electronic Publishing, a digital content library

-- Life Perspectives and Dawson McAllister Live, nationally recognized radio
programs

-- Rapha Christian Counseling and PremierCare, healthcare related management
services

For more information about the company, visit www.iExalt.com.

The statements contained in this news release that are not historical fact are "forward-looking statements" which can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," or "anticipates," or by discussions of strategy that involves risk and uncertainty. Management cautions the reader that these forward-looking statements, including the discussions of the company's growth, operating strategies and expectations concerning market position, future operations, margins, revenue, profitability, historical facts, are only predictions. There can be no assurance that any of these expectations will be realized or that any of the forward-looking statements contained herein will prove to be accurate.