EXHIBIT 99.1

                                  NEWS RELEASE

FOR IMMEDIATE RELEASE

                    AZUREL, LTD. ANNOUNCES WARRANT EXTENSION

Fairfield, NJ July 26, 2002, Azurel, Ltd. (Bulletin Board Symbol AZUR and AZURW)
announced today that its public  warrants,  due to expire on July 29, 2002, will
be extended for three years.  The warrants new expiration date is July 29, 2005.
For further  information,  please call Mr. Edward  Adamcik,  VP Azurel,  Ltd. at
(973) 575-9500.

This press release may contain forward-looking  statements within the meaning of
Section 27A of the  Securities  Act of 1933, as amended,  and Section 21E of the
Securities Exchange Act of 1934, as amended, which reflect the Company's current
judgment on certain issues. Because such statements apply to future events, they
are subject to risks and  uncertainties  that could cause the actual  results to
differ  materially.  Important  factors which could cause the actual  results to
differ materially include, without limitation, the following: the ability of the
company to service its debt;  continued  significant losses by the company;  the
ability of the company to develop and market new products as technology evolves;
the  ability  of  the  company  to  meet  its  capital  requirements;  increased
competition in the video  communications  market;  the ability of the company to
maintain  current and develop future  relationships  with third party resellers,
manufacturers  and  suppliers;  the ability of the company to meet  governmental
regulations;  and the  ability of the  company to obtain and enforce its patents
and avoid infringing upon third parties' patents.  For a detailed  discussion of
these and other  cautionary  statements  and  factors  that could  cause  actual
results to differ from the Company's forward-looking statements, please refer to
the  Company's  reports  on Form 10-K and 10-Q on file with the  Securities  and
Exchange Commission. All trademarks are property of their respective holders.