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Monday, 05/07/2001 11:28:32 AM

Monday, May 07, 2001 11:28:32 AM

Post# of 29619
CMI Holdings Group's Update to Shareholders; First Shipment of 21st
Century's Wireless Sonic2ners Due Next Week

SACRAMENTO, Calif., May 7, 2001 (BUSINESS WIRE) -- CMI Holdings Group Inc.
(OTC-Pink Sheets:CMIH), and 21st Century Wireless Inc., should receive the first
shipment of their wireless technology product, Sonic2ners, next week. This item,
which is now beginning production, is the next generation Walkman or the Walkman
of the 21st Century. By utilizing bone conductance technology, 21st Century
Wireless has developed a world wide patented, self-contained FM Headphone unit
that produces concert like sound with the unique and revolutionary benefit that
it does not cover or rest on the ears.

The second element of the technology is a Wireless Tuner transmitter. The
Sonic2ner Headset can be combined with a one-ounce tunable wireless transmitter
that plugs into a disc, mp3, or a tape player and takes up virtually no
additional space. It includes digital scan tuning with phase lock loop
technology which enables the 2ner to aggressively search for stations and lock
on with virtually no drift, thus no static from an out of tune station. The
technology searches for and locks on to the next station available and
automatically adjusts for best reception. The overall consequence is that the
2ners receive more stations more clearly. The Sonic2ner has bass boost of 25dB
over the difficult to reproduce range of frequencies from 20 to 200 hertz. Its
unique acoustic port technology enhances mid range and treble notes.

CMI Holdings Group, through its BTP Distribution Division has begun preparing
for distribution and promotion of the 2ners. Announcements are forthcoming. At
this time, BTP fulfills for Vstore (hosting over 125,000 web sites), Amazon.com,
Borders, Barnes & Noble, a multitude of web companies, several hundred bricks
and mortar customers, and libraries around the country.


Other Updates

CMI Holdings Group expects to close on several pending contracts and
acquisitions, beginning as early as this week. Once complete, they should add
significantly to CMI's revenue stream. Announcements will be forth coming.

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
Ross Rojek, 916/567-2490


imo

imho, Jerome

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