Five and Under

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CMXS Letter to Shareholders of Cormax Business Solutions Inc.

CALGARY, Alberta, Apr 23, 2002 (BUSINESS WIRE) -- Cormax Business Solutions
Inc. (OTCBB:CMXS) President Todd Violette said, "We are pleased that other
companies find Cormax valuable and have the desire to acquire our Corporation."

In Response to all letters of intent to Cormax, the Board of Cormax Business
Solutions hereby states the minimum terms acceptable for an acquisition:


Cash and Stock Offer:

We expect the acquirer to place a minimum of $9 million dollars in an Escrow
account controlled and directed by the Corporate Attorney of Cormax, under
escrow terms mutually agreed upon.


-- 1.) Five Million Five Hundred Thousand Dollars shall be set aside
to offer the Class A Common shareholders of Cormax the right to
sell their shares for cash at $.10 per share, plus receive an
additional $.15 per share in stock with a guaranteed price
protection of $.15 per share for the following thirty-six months.

-- 2.) Two Million Five Hundred Thousand Dollars shall be set aside
for the buyout of the Preferred A Common shares.

-- 3.) Fifty Thousand Dollars paid to each of the four executive
management of Cormax and new executive employment contracts with a
minimum twelve percent raise shall be offered.

-- 4.) One Million Three hundred Thousand Dollars to be used for
retirement of all lawsuits and general operating costs at the sole
discretion of the management of Cormax.
Board of Director:

We demand the right to have an equal representation on the Board of Director
with the tie vote always being decided in the favor of the Cormax Shareholders.
The Directors appointed by Cormax shall have the right to veto any share
issuance.


Dilution:

The Directors appointed by Cormax shall retain the right to veto any plan that
calls for dilution.


Funding:

The Directors appointed by Cormax shall have the right to veto any funding plans
they deem detrimental to the shareholders of Cormax.


Management Control And Direction:

The current management shall retain the right to management and direct Cormax
without any impediment from the acquirer.


Damages:

In the event the Acquirer fails to complete the acquisitions they agree to pay a
minimum penalty of two hundred fifty thousand dollars to Cormax.


Time is of the Essence:

The acquirer must deposit the cash required for the transaction within seven
days of the signing of the letter of intent or all discussion are considered
immediately terminated upon failure to deposit funds required.

Cormax Business Solutions is in the business of providing technology services
and IT solutions that help companies become more effective by taking full
advantage of their networks and the Internet through security systems,
inter-office connections, network performance enhancers and specialized
network-telephone and network-video solutions.

This press release contains forward-looking information within the meaning of
section 27A of the Securities Act of 1933 and section 21E of the Securities
Exchange Act of 1934 and is subject to the Safe Harbor created by those
sections. This material contains statements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition involve risks,
uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from the future
results, performance or achievements expressed or implied by such
forward-looking statements. In particular, there is no assurance that reserves,
production, pricing levels or other factors pertaining to the manufacturing and
retail operations will be sustained at the expected rates or levels over time.
Discussions of factors, which may affect future results, are contained in the
Company's most recent SEC filings on Forms 10-Q and 10-K.

Under no circumstances does this press release constitute an offer to sell or a
solicitation of an offer to buy the securities of the Company described in this
press release in which such offer, solicitation or sale of securities would be
unlawful prior to registration, qualification or filing under the securities
laws of any jurisdiction.


CONTACT: Cormax Business Solutions Inc.
Todd Violette, 877/322-8822
www.cormax.com

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