Diversified Technologies Group. Inc.

[Georgia Bard]

(BSNS WIRE)CareNet, Inc., Signs Letter of Intent to Merge With Diversified Technologies Group, Inc.


Business Editors

DALLAS & JACKSONVILLE, Fla.--(BUSINESS WIRE)--Sept. 12, 2000--
Diversified Technologies Group, Inc. (OTCBB: DTGI) announced that it
has signed a letter of intent to acquire CareNet, Inc. by forming a
new subsidiary.

This new subsidiary will allow for physicians, patients, insurance
carriers and other healthcare-related organizations to participate in
the growing e-healthcare field utilizing the Internet as a common
platform. There are over 575,000 doctors in the U.S. Diversified
Technologies Group and CareNet together intend on offering the first
"care" oriented e-healthcare business initiative offering real
benefits to the physician and patient. CareNet's suite of applications
will establish a first of its kind physician/patient focused health
care portal.

The application service providing (ASP) business model is rapidly
expanding to include many areas including healthcare. CareNet's
applications have been developed over the last 3 years from experience
gained from both front office activities of private practice and the
back office financial and administrative activities of managed care.

"We have been watching CareNet's evolution for quite some time and
are hopeful that we can complete this transaction quickly," said John
Harris, President and CEO of Diversified Technologies Group, Inc. "The
unique opportunities presented by the acquisition of CareNet in the
health care arena are augmented by DTGI's focus on Internet
technology."

Allen Okie, MD, is president of CareNet, Inc., "The opportunity
for CareNet and DTGI is to provide the interactive processing platform
to the estimated 30 million patients waiting for Internet access to
their physicians," said Dr. Okie. "The collaborative integration and
functionality that CareNet's applications offer the physician
community democratizes health care and levels the playing field for
physicians and patients."

Dr. Okie has worked in managed care since 1976. He developed a
managed care allergy program which eventually provided reduced-cost
care for 1.5 million members in HMO programs throughout the U.S. Dr.
Okie was medical director and then chief executive officer of a
physician-owned and directed HMO in 1996. The plan was sold to a
larger HMO organization in 1998. Along with son Jonathan, the CIO and
developer of the back-end web services, he started CareNet in 1997.
This transaction is expected to close within the next 30 days.

About Diversified Technologies Group, Inc.

DTGI develops and integrates technology companies, concepts and
products into a diversified portfolio of companies that can leverage
strengths to build value. They hold interests in several technology
areas related to communications, computing and the Internet. In so
doing, they are building a diverse network of intellectual and
technological assets, business expertise and contacts, market presence
and momentum, all in an environment of convergence and synergy.

For more information on DTG, Inc., visit http://www.dtgiglobal.com.

About CareNet, Inc.

CareNet evolved to supply back office administrative services for
a health maintenance organization. The company provided solutions for
the front office operations of physicians and then integrated the
information with an automated back office administrative system. It
provided resources for practicing physicians to meet the informational
demands of managed care. CareNet marries innovative web centric
programming technology with real health care delivery functions for
physicians. The value proposition offered by the new company is to
offer physicians and patient's incentives to adopt the Internet for
their own purpose. The result is to be the evolution of the true
health care portal controlled by practicing physicians producing lower
costs and higher health care quality.

For more information visit: http://www.CareNetweb.com

This news release includes forward-looking statements related to
Diversified Technologies Group, Inc. that involve risks and
uncertainties, including, but not limited to, quarterly fluctuations
in results, the management of growth, market acceptance of certain
products and other risks. These forward-looking statements are made in
reliance on the "safe-harbor" provisions of the Private Securities
Litigation Reform Act of 1995. For further information about these
factors that could affect Diversified Technologies Group, Inc.'s
future results, see the company's filings with the Securities and
Exchange Commission (the "Commission"). Prospective investors are
cautioned that forward-looking statements are not guarantees of future
performance. Actual results may differ materially from management
expectations.

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CONTACT: Diversified Technologies Group, Inc.
972/774-4445
or
Marketex
Investor Relations
Gary Swancey, 770/389-5645