Exhibit 20



BELL TECHNOLOGY GROUP LTD. ANNOUNCES PROPOSED PRIVATE PLACEMENT
OF SENIOR NOTES AND WARRANTS



NEW YORK (BUSINESS WIRE), NEW YORK, MARCH 27, 1998 -- Bell Technology Group
(Nasdaq SmallCap:BELT, BELTW) announced today that it intends, subject to market
and other conditions, to raise up to $140 million in a private placement
pursuant to Rule 144A of high yield securities.

                  The securities to be offered will not be registered under the
Securities Act of 1933, as amended or applicable state securities laws, and will
not be offered or sold absent registration under the Securities Act of 1933 and
applicable state securities laws or available exemptions from registration
requirements.

                  Bell Technology Group Ltd. is an Internet service provider
engaged in the design, construction and provision of sophisticated
Internet-based solutions to large and medium size business enterprises. The
Company's services include: (i) high bandwidth dedicated Internet access, web
hosting and co-location facilities, (ii) value-added systems and network
integration, (iii) interactive development -- digital web design and web
implementation and 3-dimensional animation, and (iv) instructor-led corporate
training. The Company currently provides Internet services to over 450 clients
in New York city.

                  THIS PRESS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR
THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE
SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE
UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY
SUCH STATE.


Contact:
                  Bell Technology Group Ltd.
                  Marc H. Bell, CEO & President
                  (212) 334-8501
                  marc_bell(pound)belltech.com