E-Rex Mutual Group Press Release

E-REX MUTUAL GROUP ANNOUNCES MAJOR ALLIANCE WITH JOE PACHECO, FORMER E-REX DIRECTOR AND OFFICER AND A LARGE E-REX SHAREHOLDER

Miami, FL; Los Angeles, CA; and New York City, NY -- September 30, 2005. The E-Rex Mutual Group (of angry E-Rex shareholders) announces a major alliance with Joe Pacheco, former E-Rex director and officer and a large E-Rex shareholder.

Mr. Pacheco stated, "I look forward to working closely with the E-Rex Mutual Group, SageGroup Strategies, and others in the major joint effort to do what is in the best interests of E-Rex and its shareholders and other involvees. As a former E-Rex director (beginning October 2001) and officer (Chief Operating Officer) (beginning in late 2002) until April 2004, I learned and experienced much as to the positives and negatives of E-Rex during that period of time. My associates and I now want to ally ourselves closely with others who are strongly seeking to remedy past E-Rex problems and move the company forward. I have had several discussions with E-Rex Mutual Group leader Chris Ford, SageGroup Strategies Managing Director Larry Lindsey, and others, and they and I all believe that this new alliance will be very worthwhile for E-Rex, its shareholders, and others."

Mr. Pacheco continued, "My associates and I have always believed that E-Rex could accomplish much if it had sufficient managerial, financial, and other important resources. It was very sad and frustrating to me that E-Rex did not have these. And, as only one of the three directors and officers at that time, I was limited as to what I could try to do about these problems. Now, the circumstances have changed, with many persons and other entities now moving forward with strength and momentum in the best interests of E-Rex and its shareholders. My associates and I are pleased to be part of this powerful coordinated program of shareholders, attorneys, governmental entities, media, SageGroup Strategies, and others."

Chris Ford, an E-Rex Mutual Group leader, added, "We are very pleased that Joe Pacheco and his associates will be close allies as another part of the overall "Coordinated Armies Strategic Program" in the best interests of E-Rex, its shareholders, and others. As a former E-Rex director and officer, Joe possesses much unique knowledge and input that will be very helpful. In addition, as a large shareholder, he is very focused on what is in the best financial, business, legal, and other interests of all E-Rex shareholders. Joe, Larry Lindsey, others, and I have had many discussions about E-Rex, and it is great that we are all working together."

Larry Lindsey, SageGroup Strategies' senior person in this situation, emphasized, "This alliance can be significant for this E-Rex situation moving forward well. For four years Chris Ford and other E-Rex Mutual Group members have been working very hard on this situation, with Chris working especially long and hard hours, often 7 days/week. This has been a tremendous dedicated effort, and there are increasing accomplishments and other positive results this year. And, Joe and his associates bring alot more to the situation. The combined efforts are already creating increased momentum forward in this end-game for the best interests of E-Rex and its shareholders. And, many of these positive results will also benefit other similar-situations companies and their shareholders."

ADDITIONAL INFORMATION:
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 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 and their American and foreign shareholders.

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.) This and certain earlier E-Rex Mutual Group press releases are posted in the Articles section of the SGS website www.SageGroupStrategies.com, and some related SGS press releases are posted in the SGS General Press Releases section of that website.