NEWS RELEASE
                              Release:  IMMEDIATE
                              For:      Comtex News Network, Inc.
                                        (Symbol: CMTX)
Contact:  Amber Gordon
          703-820-2000

        COMTEX APPOINTS RAYMOND CAPECE PRESIDENT AND CEO

ALEXANDRIA, VA, April 25, 2003 - Comtex News Network, Inc. (OTC
BB: CMTX) today announced that it has appointed Raymond P. Capece
to the position of President and Chief Executive Officer.  Mr.
Charles W. Terry, the former CEO, has resigned from the position
and from the Board of Directors, and will remain available to the
Company on a consulting basis.

     Stephen W. Ellis, Chairman of the Company, said, "The key to
the success of Comtex will be growing its existing business,
developing new products for its discriminating clients, and
understanding the imperative of maximizing value for
shareholders."  He added, "Ray Capece's experience with growing
profitable companies across numerous industries is ideal for
Comtex.  He is known for successfully introducing new ideas,
building productive management teams, and bringing fresh
perspective to high-potential businesses."

     Mr. Capece has served as president or senior executive of
several hardware, software, and Internet high tech businesses
since 1983.  He has led or been instrumental in launching new
businesses, has worked with many turnaround situations, and has
held positions in large corporate environments.

     Most recently, Mr. Capece served as president and Chief
Operating Officer of ExactOne, Inc., an Internet infrastructure
company that delivered data-aggregation services to portals and
enterprises, and was CEO of Ecoustix, Inc., a supplier of
client/server systems and software providing digital concierge
services to the hospitality industry.  Previously, Mr. Capece was
president and CEO of Powersim Corp., a Herndon, VA developer of
simulation software, where he spearheaded new-product development
and tripled product sales.  He also served as COO of
Liveprint.com, an Alexandria, VA company at which Mr. Capece
developed the plan and recruited a team to transform a multimedia
firm into an Internet business that was subsequently acquired by
Kinko's.  Earlier in his career, Mr. Capece was co-founder of
Lattice Semiconductor Corporation, in Portland, OR, where he ran
engineering, marketing, and manufacturing organizations and led
the company through growth that resulted in its initial public
offering and transition into a public company.

     In the publishing field, Mr. Capece served as a Vice
President and Group Publisher for McGraw-Hill and served as
managing editor of The Rosen Electronics Letter.  Mr. Capece
holds a B.S. in Electrical Engineering from Cornell University.

     Comtex News Network, Inc. is a leading real-time news
aggregator and distributor reaching millions of readers through
more than 1,000 websites and applications throughout the world.
Comtex is a one-stop shop for real-time news and content products
used in applications serving the needs of the financial services
industry, individual and institutional investors, corporate
information markets, consumer websites and government and
association markets. Headquartered in Alexandria, VA, Comtex can
be found on the Web at http://www.comtexnews.net.

Please Note:  Except for the historical information contained
herein, this press release contains forward-looking statements
within the meaning of Section 21E of the Securities and Exchange
Act of 1934, as amended, that involve a number of risks and
uncertainties. These forward-looking statements may be identified
by reference to a future period by use of forward-looking
terminology such as "anticipate," "expect," "could," "intend,"
"may" and other words of a similar nature. These statements
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 risks
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.
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