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Bell Technology Group Ltd. Retains Furman Selz LLC. as investment banker and financial advisor.

NEW YORK – February 2, 1998

Bell Technology Group Ltd. (Nasdaq: BELT, BELTW; BSE: BTG, BTGW) today announced that it has engaged Furman Selz LLC. to render financial advisory and investment banking services to the Company. Furman Selz LLC., an ING Barings company, is an international financial services, investment banking and securities firm headquartered in New York, NY.

About Globix

Globix is a leading provider of advanced Internet hosting, network and applications solutions for business. Globix delivers services via its secure state-of-the-art Internet DATA Centers, its high-performance global backbone and content delivery network, and its world-class technical professionals. Globix provides businesses with cutting-edge Internet resources and the ability to deploy, manage and scale mission-critical Internet operations for optimum performance and cost efficiency.

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