MAGNITUDE INFORMATION RETAINS CONSULTING FOR STRATEGIC GROWTH AS ITS PUBLIC RELATIONS/CORPORATE DEVELOPMENT CONSULTANTS

Magnitude Information Systems announced today that it has retained Consulting For Strategic Growth, Ltd., (CFSG); a public relations company, to begin a campaign to both promote the company and increase shareholder value.

Chester, New Jersey -- May 21, 2001 -- Magnitude Information Systems, Inc., (OTCBB:MAGY) announced today that it has retained Consulting For Strategic Growth, Ltd., (CFSG); a public relations company, to begin a campaign to both promote the company and increase shareholder value.

Steven D. Rudnik, Chairman and CEO of Magnitude remarked, As we enter the ramp-up phase of our companys growth, we wanted to choose a company that could best present our story to Wall Street. We have found such a company in CFSG which has specialized in bringing undervalued, undiscovered companies such as ours to the leaders and decision makers on both Main Street and Wall Street."

About Magnitude Information Systems, Inc.
Magnitude Information Systems, Inc., a pioneer in the Ergonomic Productivity Software (EPS) market, has created the most advanced Ergonomics software that has been designed, developed, tested, and patented at a cost of US$10 million and more than 18 man-years of development effort. A research-driven software provider, the company delivers innovative, easy to use software solutions to the computerized marketplace that:
*   measurably and dramatically reduces computer-use injury risk factors, reducing both absenteeism in the workplace and the high cost of hiring and training temporary labor to replace existing injured skilled labor.

*   measurably and dramatically increases the accuracy of computer users, reducing staffing needs and increasing quality of output and productivity.

*   measurably and dramatically reduces computer-related injuries for users, reducing the high cost of insurance premiums.

About Consulting For Strategic Growth, Ltd.

Consulting for Strategic Growth, Ltd. (CFSG) was formed to take the position of Corporate Development Consultant within public and private companies. Working side by side with management, CFSG assists client companies with platforming" their story to the Wall Street community. This is accomplished through the use of executive summaries, corporate profiles, fact sheets, research reports, position papers, one-on-one and cluster group meetings, in addition to retail/institutional broker and money manager presentations to CFSGs database of quality volume investors.

For additional information, and/or to schedule meetings with management, please call CFSG at 800-625-2236.

Howard G. Siegel
Investor Relations
Magnitude Information Systems, Inc.
Tel: 888-434-3021, 941-954-2642
Fax: 941-907-0773
Website: www.magnitude.com

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This press release contains forward-looking statements that, if not verifiable historical fact, may be viewed as forward-looking statements that could predict future events or outcomes with respect to Magnitude Information Systems, Inc., and its business. The predictions embodied in these statements will involve risks and uncertainties and accordingly, Magnitude Information Systems actual results may differ significantly from the results discussed or implied in such forward-looking statements.