Exhibit 99.1

Aegis Assessments, Inc. Signs Distribution Agreement with JAD Corp. of
America and Receives Initial $2.4 Million Purchase Order for SafetyNet
Radio Bridges

    SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 24, 2004--Aegis
Assessments, Inc. (OTCBB:AGSI) announced today that it has signed a
distribution agreement and received a $2.4 million initial purchase
order for SafetyNet(TM) Radio Bridge(TM) units from JAD Corporation of
America, headquartered in New York City. The company anticipates
shipping the first units in 60 days. JAD Corporation is the exclusive
distributor of the SafetyNet(TM) RadioBridge(TM) and will also be
distributing other products in the SafetyNet(TM) line.
    "New York City is committed to providing first responders with
radio interoperability, and the SafetyNet(TM) Radio Bridge(TM) is a
big part of the solution to this pressing problem, "said JAD
President/CEO Joseph A. Dussich. "After several months of negotiations
with Aegis' Chairman Eric Johnson and President Ken Edge, JAD
Corporation is very pleased to become the exclusive distributor of the
SafetyNet(TM) line of products. We are very excited and look forward
to a terrific partnership with Aegis," he said.
    "We are pleased with this initial order and our focus is on
increasing our sales and national deployment of our SafetyNet(TM) line
of products," said Aegis President Ken Edge. "We are positioned to
meet the growing demand for interoperable communications and wireless
life safety products," Mr. Edge added.
    Mr. Dussich, who also serves as a member of the Board of Directors
of the Associated Builders and Owners of Greater New York, Inc. and
Chairman of the High-Rise Safety Committee, invited Aegis to meet with
various emergency response decision makers from New York and the
tri-state area to demonstrate and discuss the capabilities of the
SafetyNet(TM) Radio Bridge(TM) during the week of the recent 9/11
Commission hearings in New York City. The SafetyNet(TM) Radio
Bridge(TM) interconnects incompatible radios and bridges them beyond
their normal capabilities to provide immediate radio interoperability
at an emergency site.
    The 9/11 Commission hearings focused on the inability of police
and firefighters to talk to each other and the problems with command
and control communications in New York City. Communications
difficulties have emerged as one of the leading problems that hindered
emergency rescuers after the terrorist attack. The media reported that
some firefighters were directed back into the North Tower before it
was about to fall at the same time other emergency workers were
evacuated.
    Jeffrey Dussich, JAD's senior account executive, has been
appointed by JAD to manage and oversee the roll out of SafetyNet(TM)
products, beginning in the New York City tri-state area. "The 9/11
Commission hearings last week illuminated the grave deficiencies in
emergency communications systems currently available to our first
responders and emphasized the need to improve communications between
our police and firefighters. We believe the SafetyNet(TM) line of
products will be the first step in enhancing the communication
capabilities of emergency response teams."

    About Aegis Assessments, Inc.

    Through the SafetyNet(TM) line of products, Aegis provides
wireless security solutions to public safety agencies and commercial
security companies for homeland security and life safety applications.
Integrating emergency and life safety systems available to the public
and private sectors is the new challenge in homeland security that the
company's products and technologies address.

    About JAD Corp. of America

    For over 35 years, JAD Corporation of America has been a preferred
vendor in the New York City tri-state area. A full service commercial
and residential building maintenance and supply company, JAD supplies
many of the largest residential and commercial buildings in the city
today. To allow for expansion and a central location for shipping to
the tri-state area, JAD relocated to College Point, Queens in 1977. As
part of this expansion, JAD constructed its current facility,
warehouse and headquarter office operations, totaling 100,000 square
feet. The main distribution center services more than 7,500 customers.

    "Safe Harbor Statement" under the Private Securities Litigation
Reform Act of 1995. This press release contains forward-looking
statements that involve risks and uncertainties. Statements in this
press release other than statements of historical fact are
forward-looking statements that are made pursuant to safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Actual results, events and performance could vary materially from
those contemplated by these forward-looking statements. These
statements involve known and unknown risks and uncertainties that may
cause the Company's actual results in future periods to differ
materially from results expressed or implied by forward-looking
statements. You should not place undue reliance on forward-looking
statements, because they involve these risks and uncertainties. You
should independently investigate and fully understand all risks before
making investment decisions.

    CONTACT: Aegis Assessments, Inc.
             Bob Williams, 480-778-9140 ext. 108
             bob@aegiscorporate.com
             www.aegiscorporate.com