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EXHIBIT 99.1


NEWS RELEASE


FOR INFORMATION CONTACT:
David P. Tusa, Senior Vice President and Chief Financial Officer
210.302.0410
david.tusa@newcenturyequity.com
www.newcenturyequity.com


SEPTEMBER 5, 2001

                        NEW CENTURY EQUITY HOLDINGS CORP.
      ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION REGARDING POTENTIAL DELISTING

SAN ANTONIO, TX...NEW CENTURY EQUITY HOLDINGS CORP. (NASDAQ: NCEH) announced
today receipt of notice from The Nasdaq Stock Market, Inc. that the Company
has failed to maintain a minimum bid price of at least $1.00 over the prior 30
consecutive trading days as required by Nasdaq Marketplace Rules.  The Company
will be provided 90 days, or until December 3, 2001, to regain compliance with
the rules.  If New Century is unable to demonstrate compliance with the Nasdaq
rules by December 3, 2001, its common stock will be subject to delisting from
the Nasdaq National Market.  The Company is considering all appropriate
responses to Nasdaq regarding the possible delisting.

ABOUT NEW CENTURY EQUITY HOLDINGS CORP.
New Century Equity Holdings Corp. (Nasdaq: NCEH) is a holding company focused
on high growth, technology-based companies and investments.  The Company's
holdings include its wholly owned operation, FIData, Inc., and its investments
in CoreINTELLECT, Inc., Princeton eCom Corporation and Tanisys Technology,
Inc.  FIData (WWW.FIDATA.COM) provides instant online loan approval products
and services to the financial services industry. New Century Equity Holdings
Corp. (WWW.NEWCENTURYEQUITY.COM) is the lead investor in CoreINTELLECT
(WWW.COREINTELLECT.COM), a developer and marketer of Internet-based solutions
that acquire, filter and disseminate business-critical knowledge and
information, Princeton eCom (WWW.PRINCETONECOM.COM), a leading application
service provider for electronic and Internet bill presentment and payment
solutions and Tanisys Technology (WWW.TANISYS.COM), a developer and marketer
of semiconductor testing equipment.  New Century Equity Holdings Corp. is
headquartered in San Antonio, Texas.

CERTAIN STATEMENTS CONTAINED HEREIN ARE "FORWARD-LOOKING" STATEMENTS (AS SUCH
TERM IS DEFINED IN THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995).
BECAUSE SUCH STATEMENTS INCLUDE RISKS AND UNCERTAINTIES, ACTUAL RESULTS MAY
DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING
STATEMENTS. FACTORS THAT COULD CAUSE RESULTS TO DIFFER MATERIALLY FROM THOSE
EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING STATEMENTS INCLUDE, BUT ARE NOT
LIMITED TO, THOSE DISCUSSED IN FILINGS MADE BY THE COMPANY WITH THE SECURITIES
AND EXCHANGE COMMISSION.