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Bell Technology Group Commences Trading On German Exchanges

– Bell Technology Group Now Listed on Both Berlin and Frankfurt Exchanges –

New York, NY ñ October 14, 1997 ñ Bell Technology Group Ltd. (Nasdaq: BELT, BELTW) announced today that the Company has been listed on both Germanyís Berlin and Frankfurt stock exchanges. The Companyís shares trade on the "Third Segment" or Over-The-Counter ("OTC") market under the symbol "BTY."

Marc H. Bell, President and CEO of Bell Technology Group, stated, "I am pleased to announce the listing of Bell Technology Group on Germanyís leading OTC market. This listing places Bell within a distinguished group of international and multinational companies including AT&T, Boeing and Eastman Kodak. The German OTC market is home to more than 600 companies, a large number of which are US-based technology companies including several Internet Service Providers (ISPs), America Online, Sun Microsystems, Netscape and Yahoo."

Mr. Bell concluded, "Since Germany is one of Europeísí most computer literate countries, Bellís listing provides us great opportunity to broaden our recognition abroad, as well as the ability to provide increased liquidity and shareholder diversity."

Bell Technology Group Ltd. is a premier provider of complete Internet solutions for New York area businesses seeking to effectively utilize the Internet. The Company offers high-speed Internet connections, web site hosting and co-location, programming and integration. Bell Technology Group also provides training and development to corporate and academic clients at its state-of-the-art computer and Internet training center and provides development of "cutting edge" multimedia technology.

Except for those statements that report the Companyís historical results, the statements being made are forward looking statements. Actual results could differ materially from those projected in the forward-looking statements.

 

COMPANY CONTACT:
Marc H. Bell, President & CEO
BELL TECHNOLOGY GROUP LTD.
212-334-8501; 212-334-8509 (FAX)

http://www.belltech.com

 

INVESTOR CONTACT:
Michael W. Glickman / John G. Nesbett
LIPPERT/HEILSHORN & ASSOC.
212-838-3777

e-mail: [email protected]

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