E-REX MUTUAL GROUP ANNOUNCES MAJOR NEXT STEPS, INCLUDING THE RE-ENGAGEMENT OF MAJOR TURNAROUND FIRM SAGEGROUP STRATEGIES

Miami, FL and New York City, NY -- August 25, 2005. E-Rex Mutual Group announces certain major new steps, including the re-engagement of SageGroup Strategies, the major business turnaround and crisis management firm.

E-Rex Mutual Group is an organized group of angry outside shareholders of E-Rex, Inc., a publicly-held Miami-headquartered technology company. Founded in 2001, the Group has been very proactively working since then to save the Company from an entrenched group of apparent corporate swindlers and other wrongdoers.

SageGroup Strategies, Inc. is the USA's and world's largest Professional Troubled-Company Specialist firm, with over 600 professionals based in many offices located in the USA, Canada, Europe, and Asia. Its Small Public Companies Division and International Investors Division are especially knowledgeable and focused on helping small public companies get out of financial, governmental, managerial, fraud-related, and other serious trouble and moving forward well, all in the best interests of these companies' American and foreign shareholders.

Chris Ford, an E-Rex Mutual Group leader, stated, "It is gratifying to see how well this overall program has been moving forward, step by step. It is now known that E-Rex was just one of several dozen small public companies greatly damaged and manipulated by a loosely-knit inter-related international group of very bad persons, firms, and others, working together in an overall scheme to fraudulently milk these companies to the detriment of these companies' proper shareholders."

Mr. Ford continued, "In order to successfully counter these bad persons and their actions, the E-Rex Mutual Group had to develop and implement a broad multi-faceted program, working closely with many others, including:

1. various federal, state, and local governmental agencies, especially those which focus on securities fraud, money laundering, misuse of funds, and other criminal and civil law violations;
2. various law firms and attorneys;
3. various types of media, especially in relation to investigative reporting;
4. various other groups of angry defrauded shareholders; and
5. appropriate others."

Mr. Ford then added, "As these efforts have moved forward, it now has become timely to re-engage SageGroup Strategies, the major business turnaround firm, in this situation. SageGroup performed very well in the earlier 2001-2003 period of this program, excellently handling various sensitive, difficult, complex, and often confidential aspects, working closely with the E-Rex Mutual Group, various governmental agencies, various law firms, various media, various shareholders in other defrauded companies, and others. Some of this is discussed in earlier E-Rex Mutual Group and SageGroup press releases that have been posted in the Articles and Press Releases section of the SageGroup website www.SageGroupStrategies.com. Now it is time for the E-Rex Mutual Group, SageGroup, and the other main involved entities to work closely together as we jointly move into the next steps of this overall program to rectify this situation."

Larry Lindsey, a Managing Director of SageGroup Strategies, emphasized, "Chris Ford, appropriate others, and I have kept in close contact during this whole program, including during the past two years when SageGroup purposefully was not proactively involved. It has been impressive to see the strong progress that Chris and others have continued to make, especially in regards to the courts, attorneys, governmental agencies, and shareholder advocacy areas. SageGroup will be most heavily involved in three key areas, including:

1. the business aspects of the situation, including to increase the business prospects, profitability, valuations, management, and other related aspects of the various wronged companies;
2. coordination, direction, and strategies of the overall program; and
3. providing support to the shareholder groups, governmental agencies, law firms, media, and other key involvees whenever and wherever appropriate."

Mr. Ford then concluded, "Now that SageGroup has been re-engaged, next steps will include the closer and closer working together of current and new involvees in the joint program of moving forward with strength: a) to improve the situation in the financial and other best interests of the defrauded companies' shareholders; and b) to concurrently punish the bad persons and remove their ability to commit new wrongdoings and hurt more people. As one part of this, the wronged E-Rex shareholders are only one of many wronged companies' shareholder groups becoming involved to work with SageGroup and the other involvees moving forward together with much combined strength. And, as the program moves forward well and obtains more recognition and publicity, we invite others to join with us to add to the program's momentum and accomplishments."

ADDITIONAL INFORMATION:
For additional information, please contact Chris Ford of the E-Rex Mutual Group. (Because he is currently traveling much, he will return phone messages left for him with Larry Lindsey at 510-8652480.)