MAGNITUDE RENEWS STRATEGIC ALLIANCE WITH AON TO EXPAND SALES OF MAGNITUDE'S ERGOMANAGER(tm)

Magnitude Information Systems, Inc., today announced the renewal and two-year extension of the strategic alliance with Aon to expand the marketing and sales of Magnitude's ErgoManager System.

Chester, New Jersey -- September 28, 2001 -- Magnitude Information Systems, Inc., (OTCBB:MAGY) today announced the renewal and two-year extension of the strategic alliance with Aon to expand the marketing and sales of Magnitude's ErgoManager System. Under the agreement, Magnitude will continue to tailor ErgoManager for Aon and provide direct support of the software to Aon's and its customers. Aon will market and sell the custom version of ErgoManager to other Aon subsidiaries, business units, and Fortune 1000-sized clients as a part of its risk management and insurance brokerage consulting services.

"The renewal and extension of this agreement with Aon, a worldwide leader in the insurance industry, clearly speaks for the quality, effectiveness, and need for Magnitude's ErgoManager," stated Steven D. Rudnik, CEO of Magnitude Information Systems, Inc. "We are very pleased to work with Aon and we're confident that Aon will help us significantly increase sales."

"Many companies are becoming acutely aware of the increased incidence of musculoskeletal injuries in their office environments. As a result, we're experiencing a marked increase in requests for assistance to help them assess and alleviate the problems," stated Sharon A. Falkenburg, Managing Director, National Risk Control, of Aon Risk Consultants -- Technical Services. "We're very excited about Magnitude's ErgoManager because it's a unique proven solution that can help our clients mitigate health risks, reduce costs, and measurably improve productivity. It also greatly strengthens our position as a risk management and insurance brokerage consultant providing solid client solutions for office environments."

About Magnitude Information Systems, Inc.
>   Magnitude is the largest producer of Ergonomic Productivity Software (EPS) in the world. The pioneer in the EPS market, Magnitude has created and patented the most advanced, and only proven, ergonomic productivity software available today. Through careful planning and execution, Magnitude has developed the products, business and marketplace at a cost of only US$ 10 million and more than 18 man-years 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.

>   Increases the accuracy of computer users, reducing staffing needs and increasing quality of output and productivity.

>   Reduces computer-related injuries for users, reducing the high cost of insurance premiums.

About Aon
Aon Corporation (www.aon.com) is a holding company that is comprised of a family of insurance brokerage, consulting and insurance underwriting subsidiaries. Aon's common stock is listed on the New York, Chicago, Frankfurt and London stock exchanges.

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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.