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From: sisterd@excite.com
Date: Sun Sep 24 2000 - 22:10:52 EST



Mile High PR Announces Investment Opinion on Carnegie International
Corporation OTCBB:CGYC

Carnegie International Corporation www.CARNEGIEI
NT.com is now more than ever focused on potential acquisitions, mergers,
joint ventures and partnerships. In order to create more profit opportunities
for CGYC, chairman David Gable recently retained Investec Ernst & Company of
New York City as a financial advisor and investment banker.
We believe that CGYC could realize an additional $4.5 million in profit in
the Midwest alone, and could achieve 20% in the market over the next year.
With a stock price of over $3.75 a share
CGYC is looking forward to the increase in revenues of about $15 million due
to the agreement its subsidiary Paramount International Telecom just signed
with RoomLinX to offer wireless, high speed internet access in hotel and
hospital rooms across North America.

Carnegie International Corporation (OTCBB: CGYC)
, (www.carnegieint.com) is an Internet
support and computer telephony holding company with specialization in
telecommunications products, services and distribution, and in E-Commerce and
EDI. Its primary wholly-owned subsidiaries include: RomNet Support Services,
Inc., an Internet, e-business and technical support services company, Profit
Through Telecommunications (Europe) Ltd. (PTT), a telecommunications software
company providing business solutions utilizing proprietary speech
recognition, touch tone and bar code responses to send and/or receive
information; ACC Telecom of Columbia, Maryland, a leading reseller of
equipment and business telephone systems from Comdial(TM), Lucent(R), SONY(R)
and Sprint(R); American Telephone & Computer, an Ameritech and Comdial dealer
based in Elmhurst, Illinois, in the Chicago suburbs; Voice Quest, Inc., of
Sarasota, Florida, a developer and provider of speech recognition and voice
mail technologies and products, Paramount International Telecommunications,
Inc., of Vista, California, which serves hotels and other businesses,
primarily in 0+/- call auditing and international one-plus sectors, and
Federation of Associated Health Systems, Inc., of San Antonio, Texas, which
serves more than 700 hospitals with telecommunications services, primarily in
0+/- call auditing and international one-plus sectors.

Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for
forward-looking statements. Certain information included in this Press
Release (as well as information in oral statements or other written
statements made or to be made by Carnegie International Corporation) contain
statements that are forward-looking, such as statements relating to the
future anticipated direction of the telecommunications industry, plans for
future expansion, various business development activities, planned capital
expenditures, future funding sources, anticipated sales growth, and potential
contracts. Such forward-looking information involves important risks and
uncertainties that could significantly affect anticipated results in the
future, and accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of Carnegie International
Corporation. These risks and uncertainties included, but are not limited to,
those relating to development and expansion activities, dependence on
existing management, financing activities, domestic and global economic
conditions, change in Federal or state laws, and market competition factors.

Mile High PR was developed solely for experienced, risk tolerant investors.
Subscribers to Mile High PR.com receive reports for select companies trading
on various markets. Sophisticated investors are also able to receive for
free, select, rare research reports and investor kits on up and coming
emerging companies while they are still not widely known.

About Mile High PR Inc.
Mile High PR introduces what in its opinion are undervalued companies to the
investment community. Mile High PR strives to locate companies with enormous
growth potential. Mile High PR is a full service public relations / Investor
relations firm.

All material herein was prepared by Mile High PR based upon information
supplied by the company or other sources believed to be reliable. The
information contained herein is not guaranteed by Mile High PR to be
accurate, and should not be considered to be all-inclusive. The companies
that are discussed in this opinion have not approved the statements made in
this opinion. This opinion contains forward-looking statements that involve
risks and uncertainties. A company's actual results could differ materially
from those described in any forward-looking statements or announcements
discussed herein. This material is for informational purposes only and should
not be construed as an offer or solicitation of an offer to buy or sell
securities. Mile High PR is not a licensed broker, broker dealer, market
marker, investment banker, investment advisor, analyst or underwriter. Please
consult a broker before purchasing or selling any securities viewed on HREF="www.carnegieint.com">www.CARNEGIEINT.com. Mile High PR has not yet
been compensated by third party shareholders on behalf of one or more of the
companies mentioned in this opinion. (300,000 CGYC ). Mile High PR intends to
sell its shares. Mile High PR may sell its shares for less than the target
price given in this opinion. Mile High PR's affiliates, officers, directors
and employees may also have bought or may buy the shares discussed in this
opinion and may profit in the event those shares rise in value. Mile High PR
will not advise as to when it decides to sell and does not and will not offer
any opinion as to when others should sell; each investor must make that
decision based on his or her judgment of the market.


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