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CMI Holdings Group To Joint Venture In A World-Wide Paten
B: CMI Holdings Group To Joint Venture In A World-Wide Patented `Next
Generation' Wireless Technology Company

SACRAMENTO, Calif., Apr 6, 2001 (BUSINESS WIRE) -- CMI Holdings Group,
Inc.,(OTC-Pink Sheets: CMIH) has reached agreement to form a joint venture with
the GTP Company, to be named 21st Century Wireless Inc., a 'next generation'
technology company with several world-wide wireless patents and products that
have wide multiple applications. CMI Holdings Group has agreed to acquire a
major ownership stake and provide all marketing, distribution and product
fulfillment. CMI will share in all phases of income.

"There are some great consumer electronic products leading from this" stated CEO
Ross Rojek, "However, expansion of the patent allows us to move further into the
licensing and production of cellular, music and entertainment products. What we
don't sell directly, we will license or sell to other companies and industries."

The first of these technologies is beginning production. Announcements are
forthcoming.

In addition, CMI just announced that Gerald C. Parker has been added to the
company's Board. With more than 30 years experience in the development, funding
and management of successful companies, Parker is a well-known Internet
visionary best known for co-founding Inktomi Corporation (NASDAQ:INKT),
developers of scalable network applications and traffic servers.

Over the past three years, Parker and his associates have raised more than $300
million for many start-up companies, including funds for LiquidGolf, one of the
Internet's most successful online golf product retailers; Digital2Me; Consortio;
American Manufacturers.com, and Inktomi. Parker also founded Credit Information
Systems, which was sold to Equifax. He has also served as the Chairman of
Investment Management of America, a merchant bank specializing in venture
capital, mergers and acquisitions.

Dave Olbrich was also recently added to the Company's Board of Directors. Mr.
Olbrich brings almost 20 years of corporate development, management, publishing,
and distribution experience from the comic, game, and entertainment industry.

Mr. Olbrich was responsible for conceiving, building, managing and directing of
Malibu Comics Entertainment, which was eventually sold to Marvel Entertainment.
During his time at Malibu, he served as creator and editor-in-chief of the first
business publication for the comic industry. Olbrich's resume includes
discovering and publishing highly successful new comic book titles that have
captured the attention of Hollywood including, Men In Black, Spawn and Night
Man. Men In Black went on to become the 17th greatest US Box Office hit,
grossing over $250,000,000. Among other concepts Olbrich published include,
Savage Dragon, WildC.A.T.s and Ultraforce, which became animated series and
action-figure toy lines. He also founded the industry's most prestigious awards
program, The Will Eisner Comic Industry Awards.


CMI Holdings Group

A fast moving company that is growing through acquisition, joint venture, and
internal corporate developments, CMI Holdings will invest in or acquire any
company or product in any industry that promises to provide an exceptional
opportunity for growth in shareholder value. The Company will provide management
expertise in several disciplines (marketing, financial, mergers & acquisitions
and venture capital), and an environment for synergistic growth. In this
pursuit, CMI Holdings Group has become very aggressive.

To learn more about CMI Holdings Group or to be included on the shareholder
communication email list, please contact Marc Jablon at Big Apple Consulting
USA, Inc. 1-407-788-5387, 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 CMI Holdings Group, 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: CMI Holdings Group
Ross Rojek, 916/567-2490

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KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: BANKING
INTERNET
NETWORKING
TELECOMMUNICATIONS
MANAGEMENT
CHANGES

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