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Wednesday, 11/15/2000 9:17:46 AM

Wednesday, November 15, 2000 9:17:46 AM

Post# of 68
MYCOM GROUP INC - 3Q Revenues More Than Double Vs. Year-Earlier Period

New York, New York, Nov. 15, 2000 (Market News Publishing via COMTEX) -- MYCOM
Group, Inc. announced continued strong revenue growth in its fiscal third
quarter ended Sept. 30, 2000, with revenues more than double what they were in
the same period last year.

MYCOM Group said that its revenues for the three months ended Sept. 30, 2000
were $3.5 million, compared with $1.4 million in the same period last year.
Revenues for the nine months ended Sept. 30 increased 79 percent to $7.4 million
in 2000 from $4.1 million in 1999.

"I'm pleased to say that our strong growth continued in the third quarter,
thanks to our contract with the Ohio Lottery," MYCOM Group CEO George Young
said. "We are solidly on track to achieve our goal of $10 million in revenues
for 2000. The vibrant performance of our core businesses, however, is not yet
visible in our earnings. Throughout 2000, we have invested to retool MYCOM Group
to compete more effectively as an integrated end-to-end e-business provider, and
to construct a platform for long-term growth as a value-added provider of both
customized and packaged solutions for our clients. We are only now beginning to
realize benefits from those investments."

MYCOM Group reported a net loss of $181,457 for the third quarter ended Sept.
30, 2000. That compares with a net loss of $34,879 in the third quarter last
year, which included $46,720 in income from discontinued operations. For the
first nine months of 2000, MYCOM Group had a net loss of $265,903, which
compares with a net profit of $38,665 for the first nine months of 1999.

MYCOM Group released results for the third quarter and nine months of 1999 and
2000 in a Form 10-QSB filing with the Securities and Exchange Commission (SEC).
On Nov. 3, MYCOM Group filed an amendment to its Form 8-K of Sept. 8, 2000. That
amendment included audited statements for MYCOM Group for 1998 and 1999,
unaudited results for the first seven months of 1999 and 2000, and pro-forma
combined financial statements for 1999 and the first seven months of 2000.

MYCOM Group, formerly a private company, was merged into an inactive publicly
traded company on Aug. 23, 2000 following the spin-off of the inactive company's
business to its principal owners. MYCOM Group's financial results included in
the 10-Q include only results of the business of MYCOM Group and subsidiaries
for all periods shown.

Young added that "The management of MYCOM Group continues to pursue strategic
equity investments that in part could be used to accelerate our growth. We are
exploring a number of opportunities to achieve that objective, including our
participation as a presenter in a major venture capital conference in Cincinnati
on Nov. 14. Although we cannot guarantee that we will raise the additional
capital we seek, we remain very optimistic about our success and about the
outlook for our business."

About MYCOM Group MYCOM Group provides end-to-end marketing, e-commerce and web
solutions through a complementary mix of services for large businesses and
organizations, serving an e-business market that industry analysts project is
growing at more than 50% per year. MYCOM was formed in 1991 to provide technical
marketing and documentation services. The company evolved to meet the changing
needs of its clients by developing capabilities in applications development,
web-enabled applications, database applications, corporate portals, online
training, instructional design and other e-business solutions.

NOTE: Certain statements in this press release, including but not limited to
revenue growth and profitability projections, and MYCOM Group's efforts to
obtain additional equity investment, may constitute "forward-looking statements"
which are subject to known and unknown risks and uncertainties. Those risks and
uncertainties include, among others, economic conditions, competition for
customers and employees, the availability of additional investment on suitable
terms, and other factors that may cause the actual results to differ materially
from results implied by such forward-looking statements.




-0-



TEL: 513/352-5560 x 190 Wayne Buckhout, MYCOM Group Inc.
TEL: 513/352-5560 x 190 Wayne Buckhout, MYCOM Group Inc
E-MAIL: wbuckhout@mycom.com
______________________________________

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