FLEXXTECH ANNOUNCES ITS ROLL-UP AND ACQUISITION PLANS

CONTACT: Flexxtech Corporation
5777 West Century Blvd., Ste. 767
Los Angeles, CA 90045
Greg Mardock, President
310/342-0794
     or        
Media Contact,
Luminary Ventures
Larry Donizetti, CEO
727/934-6761 (media)

( BW)(CA-FLEXXTECH)(FLXC) Flexxtech Announces its Roll-up and Acquisition Plans May Exceed Its 2001 Projections; Current State of Economy Presents Opportunities for Flexxtech

     LOS ANGELES--(BUSINESS WIRE)--April 3, 2001--Flexxtech Corp. (the "Company") (OTC: FLXC) continues with its roll-up plan in the circuit board business and the acquisition of profitable synergistic businesses.
    In contrast, the Company has formed a separate plan to aggressively seek out troubled, work-out, or turnaround situations in the electronic and circuit board business and it believes that given the current economic situation the Company has many opportunities that it can benefit from.
    The Company has been in contact with a number of companies that will add substantially to its current business. According to the Company it is "cherry-picking" only those situations that enable substantial upside potential.
    The Company's annual report is anticipated to become available on April 16. The Company will post record sales for the year 2000 and expects the trend to continue with record sales and earnings for 2001.
    The Company recently announced it signed a Letter of Intent to acquire Electronic Drilling Control Inc. ("EDC"), and its wholly-owned subsidiary, Ozone Systems, of Dallas.
    Under the terms of the LOI, EDC, a $13 million concern, is expected to sell 90% of its common stock to the Company. Due to timing constraints, the LOI has been extended for a closing to occur on Monday, April 16. EDC was founded in 1976 and has a customer list that includes IBM/Multek, Litton Interconnect, Tyco and Hadco/Sanmina. EDC also supplies material to such companies as Dupont.

    About Flexxtech Corp.

    Flexxtech Corp.'s investment objective is to build a $3 billion holding company in the next three years by acquiring, developing, operating, and investing primarily in growth technology companies. The Company is leveraging its acquisitions by focusing its roll-up strategy in highly profitable, yet fragmented businesses, including but not limited to, the printed circuit board industry.
    The company's strategy supports and also promotes opportunities for investment in undervalued situations and synergistic business relationships among the companies in which it has investments.
    Flexxtech, through its wholly-owned subsidiary Flexxtech Holdings Inc., currently owns 100% of Mardock Inc.; 80% of Primavera Corp., the parent company of North Texas Circuit Board Co. Inc.; 82% of OpiTV.com; 100% of Flexx Capital Partners Inc.; and other investments. Additional information on Flexxtech can be viewed at its web site at: www.flexxtech.com.

    This release contains 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. Those statements include the intent, belief or current expectations of the company and its management team. Prospective investors are cautioned that any such forward looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many that are not in management's control. Some of these factors include the ability of the company to raise sufficient capital, attract qualified management, attract new customers and effectively compete against similar companies.