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Tuesday, 02/06/2001 10:28:54 AM

Tuesday, February 06, 2001 10:28:54 AM

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CMIX NEWS!

TheComicStore.com Secures $2 Million Financing Agreement


SACRAMENTO, Calif.--(BUSINESS WIRE)--Feb. 6, 2000--(OTC Pink Sheets: CMIX - news) In keeping with its " Millennium Plan," TheComicStore.com has completed negotiations to secure a private equity line of up to 2 Million in financing, to be used for upcoming acquisitions and to further corporate development. The agreement is provided thru the placement of existing restricted treasury stock.

"By utilizing restricted stock, we are able to bring in significant expansion capital, and not increase the size and volatility of the float." Ross Rojek, CEO said. "It is also great that the investor has a long term investment in the company, showing confidence in our new corporate direction."

Update Regarding Name Change & Forward Split

TheComicStore.com had previously announced that as a result of several recent and pending developments, the company will be executing a forward stock split. The forward split allows the company more flexibility with upcoming acquisitions and business developments. In addition, the company will be undergoing a corporate name change to better reflect the diverse and expanding changes in its business. The company expects to file the appropriate forms in both regards shortly.

TheComicStore.com

TheComicStore.com is the Internet spin-off of Comics & Comix, the fourth largest comic book chain in the United States. Founded in 1972, Comics & Comix has been at the forefront of the comic and collectible industry for almost three decades. Through its BTP Distribution division, TheComicStore.com also does sales and fulfillment for other on-and off-line retailers including Tower Books & Records, Barnes & Noble, Borders and Amazon.com. The growth of e-fulfillment is expected to continue as more e-commerce companies outsource it to third party suppliers. BTP is currently distributing to more than 10 web companies, and several hundred brick and mortar customers.

TheComicStore.com: http://www.thecomicstore.com

To learn more about TheComicStore.com or to be included on the shareholder communication email list, please contact Marc Jablon at Big Apple Consulting USA, Inc. 1-800-546-7950, or contact www.askbigapple.com

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the high-technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of TheComicStore.com, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions


Contact:
Big Apple Consulting USA, Inc.
Marc Jablon, 800/546-7950
(www.askbigapple.com)


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