Press Release

COMTEX ADDS FINANCIAL CONTENT FROM AWARD WINNING BRIEFING.COM

ALEXANDRIA, Va., May 16, 2000 - COMTEX News Network, Inc., (OTC BB: CMTX) announced today it will offer intra-day financial commentary and analysis from Briefing.com, a leading Internet provider of live market analysis on the US stock and US fixed income markets.

COMTEX adds Briefing.com's intra-day commentary and analysis on breaking news and events to its product offerings for delivery to its 650+ customers. Briefing.com's experienced staff analyzes events affecting the markets, and provides insight on the possible implications for trading. Upgrades/downgrades, earnings reports, economic releases, technical trading points, market sectors, and technology stocks are reported from an analytical standpoint.

Briefing.com analysts are experienced Wall Street professionals and are regular sources for major financial media, including CNNfn, CNBC, The NewsHour with Jim Lehrer, Business Week, the Los Angeles Times, and Forbes.

"Partnering with Briefing.com gives us the opportunity to provide our clients with superior financial commentary from well known Wall Street analysts," said Charles Terry, COMTEX News Network President and CEO. "Hundreds of professional and personal investing web sites receive news from COMTEX and now they'll be able to offer their end-users even more comprehensive financial content through COMTEX' exceptional network of publishers."

"Teaming with COMTEX is a great opportunity for Briefing.com to reach millions of new end-users through their vast network of information distributors," said David Beasley, VP sales and marketing for Briefing.com. "Tapping into COMTEX' distribution channels is the most cost-effective and efficient way for our content to reach critical financial audiences."

# # #

Briefing.com is an employee-owned company headquartered in Chicago, with offices in Boston and the San Francisco Bay Area. Rated a “top site” eight consecutive years by Barron’s and three consecutive years by Forbes.com, Briefing.com is the leading provider of quality, live market analysis via the Internet.

COMTEX News Network, Inc. (OTC BB: CMTX) is a dynamic business-to-business infomediary that aggregates and redistributes diverse real-time global news and information for the Internet, Wall Street and corporate reseller markets. Each day, COMTEX sorts thousands of stories from over 1,400 global sources, selected from services such as The Associated Press, Knight-Ridder, Canada NewsWire, ITAR/TASS, M2 Communications, ON24, UPI and Xinhua, to create its subject-specific CustomWires^®, headline and vertical-market news products for distribution to over 600 companies throughout the world. Located in Alexandria, VA, COMTEX can be found on the World Wide Web at: http://www.comtexnews.net.

Note: All product and company names may be trademarks or registered trademarks of their respective holders.

Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to the fact that COMTEX is in a highly competitive industry subject to rapid technological, product and price changes. Other factors include the possibility that demand for the company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological and other risks, costs and delays associated with the start-up and operation of major capital projects, changing governmental regulations and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission. COMTEX undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.