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BSX Announce New Mezzanine Market Listing

Hamilton, Bermuda, April 6, 1999 - The Listing Committee of The Bermuda Stock Exchange (BSX) today announced the approval of the listing of the Common Shares and Common Share Purchase Warrants of Conexys Corporation Limited.

Conexys Corporation Limited is a elecommunications company that was incorporated in Bermuda on September 12th, 1997. The Company holds exclusive worldwide distribution rights to patented e-commerce, messaging and communications technologies. These Fax-Commerce®, or "F-Commerce®" technologies as Conexys has named them, permit regular hard copy fax machines to connect to and interface with e-commerce platforms, messaging and data networks without any special hardware or software. Computer based fax applications such as WinFax® are also supported.

Conexys has applied this technology to provide long-distance savings by re-routing facsimile transmissions over Conexys Corporation's worldwide virtual private network. F-Commerce technology enables users to achieve significant expense reduction while tracking facsimile costs for internal accounting or re-billing purposes.

Conexys Corporation will continue to redefine the messaging services market in 1999 by offering Secure Fax to E-mail, E-mail to Fax and Voice to E-mail Gateways combined with Pager, Fax or E-mail Notification of both sent and received messages.

The listing of Conexys Corporation Limited is sponsored by Trafalgar Securities Limited.

Mr. Edward Furtak, President and founder of Conexys Corporation commented, "We are very excited about the approved Mezzanine Market listing for both our common shares and common share warrants. This listing gives Conexys the ability to increase its exposure to international investors interested in electronic commerce opportunities. The BSX listing is a significant milestone in the company becoming a leader in both the E-commerce and F-Commerce marketplace".

"The BSX is pleased to bring Conexys Corporation Limited to listing and welcomes the continued support of local investment services providers", said Mr. James S. McKirdy, Listing Manager of the BSX.

For further information on Conexys Corporation Limited, please contact Edward Furtak at telephone: (441) 296-7254 facsimile: (441) 292-2333 or email at Invest@Trafalgar.bm.