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WTEQ, Low float,
WorldTeq Growth Continues; Charting and Research Services Rate Stock A Buy

ROCKVILLE, Md., Feb 26, 2004 (BUSINESS WIRE) -- WorldTeq Group International Inc. (OTCBB:WTEQ), a full-service solutions provider of Affinity Services including Long Distance, Toll Free services, Hosting services and Financial services, today announced that it has continued growth in 2004 in all business segments.
The company has four distinct business segments currently, three of which are telecom related and a financial services product:



-- Retail Switched Long Distance

-- Dedicated Long Distance

-- Wholesale Long Distance

-- The MonEcard, the company's payroll card

In the retail switched long distance market the company is experiencing exponential growth both internally and externally through the acquisition of customer bases. For the four months from October 2003 through January 2004 monthly revenues grew 54%. February 2004 revenue will exceed January's by an additional 36%. Similar results should continue for the foreseeable future as the company has several opportunities available to it in this market. The Gross Margins on this business are approximately 50-55%.
The company has recently added its first dedicated long distance customer and will continue to focus on this aspect of the telecom market. The first dedicated customer added an additional $20,000 in profitable revenue annually and each additional dedicated customer will be of similar magnitude. The wholesale long distance market is also continuing to accelerate, although not quite at the pace of the retail market. While Gross margins on both these business segments are lower then the retail segment, at approximately 25-30%, they do account for potentially higher revenue streams and have much higher customer retention rates.

The company has added four new MonEcard customers since the program was unveiled less than 90 days ago. It is anticipated the additional customers will sign up at a rate of 3-4 a month going forward, based on current prospects.

The company currently anticipates .01-.02 EPS during 2004, but may have to revise these estimates shortly based on accelerating growth trends that are exceeding internal company benchmarks.

The company continues to be rated a buy by barchart.com as it has over the last several months. Barchart.com is an independent analyst that rates all stocks that have been publicly traded for at least six months. Barchart.com was launched in December 1995 as an Internet web site designed for commodity and index traders. With its value-added content and technically accurate information, Barchart.com quickly became the prominent supplier of commodities charts and data on the Internet. In January of 1999, they upgraded their content to the next level by expanding its market coverage to include the U.S. stock market, and now its market information is being used by millions of investors every month.

Additionally, the company continues to be the top performing stock, based on percentage gains, in its sector over the last six months. Its sector is among the top performing industries over the same time period. This information can be verified by bigcharts.com, which rates the performance of the hundreds of stocks in WorldTeq's sector, on all the exchanges, as well as thousands of stocks overall. Bigcharts.com is an investment charting and research site.

The company has reached four new 52-week highs in the last 45 days and has been highlighted on hotstockchat.com as a stock of interest during this time period.

All three of the aforementioned research sites are independent analyzers of stock data and have not been compensated by the company.

About WorldTeq Group International

WorldTeq Group International offers a wide range of telecommunications, merchandising and financial services with related products via independent agents, associations, sales organizations and affiliate marketing.

For more information visit the company's Web Site at http://www.worldteqgroup.com.

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements.

Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by WorldTeq) contains statements that are forward-looking, such as statements relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings.

Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of WorldTeq Group International.

SOURCE: WorldTeq Group International Inc.