Chell Group Corporation to Hold Conference Call Tomorrow to Discuss Quarterly Results and Investor Update


TORONTO, July 23, 2002 (PRIMEZONE) -- Chell Group Corporation (Nasdaq:CHEL), a technology holding company in business to acquire and grow undervalued technology companies, wishes to remind shareholders and members of the financial press and community that a conference call, to provide an update to investors and discuss quarterly results, will be held tomorrow, July 24.

The conference call will be held at 11:00 a.m. EST. Investors (North American callers) can access the call by dialing 1.800.482.5547. Overseas callers can access the call via 1.303.267.1000 and ask for the "Chell Investor Update" conference call. There will be a ten-day replay commencing 2 hours after the conference call termination at 1.888.211.2648. The main call will be recorded and will be streamed at: http://www.irconnect.com/primecast/02/chel2002.mhtml (Those interested in pre-registering for streaming may do so by visiting the aforementioned link prior to the call time.)

About Chell Group Corporation:

Chell Group Corporation is a technology holding company in business to acquire and grow undervalued technology companies. Chell Group's portfolio includes Logicorp, www.logicorp.ca; NTN Interactive Network Inc., www.ntnc.com; GalaVu Entertainment Network Inc., www.galavu.com; Engyro Inc. (investment subsidiary) www.engyro.com; and cDemo Inc. (investment subsidiary) www.cdemo.com. For more information on the Chell Group, visit www.chell.com.

Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Certain statements, which describe The Chell Group Corporation's intentions, expectations or predictions, are forward-looking and are subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors which could cause results or events to differ from current expectations include, among other things: the acceptance of Internet based application service providers in the consumer market; the impact of rapid technological and market change; general industry and market conditions and growth rates.



            

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