LifeFX to Demonstrate its FaceXpress Software at MIT eLearning Symposium


NEWTON, Mass., May 14, 2002 (PRIMEZONE) -- MEDIA ADVISORY --



  WHO:    LifeFX, Inc. (OTCBB:LEFX), the leading developer of
          life-like digital people for the Internet, announced 
          today that it will be giving live demonstrations of 
          its FaceXpress software in the DemoZone at the 
          2002 MIT eLearning Symposium.

  WHAT:   The current demands for tighter fiscal management are
          forcing both corporations and educational institutions 
          to look for alternative means to reach their employees
          and students.  At the same time, the need for the personal
          touch remains a high priority.  During the symposium, the
          management of LifeFX will demonstrate the value 
          proposition offered by its FaceXpress Software. 

          The eLearning space is an ideal area to apply the
          FaceXpress software. The company has recently secured
          relationships with companies like The Coaching Staff and
          institutions of higher learning such as the Shepard Broad
          Law Center at Nova Southeastern University. 

  WHEN:   Saturday, May 18, 2002, 9:00 - 5:00 p.m.

  WHERE:   MIT eLearning Symposium
           MIT Tang Center
           MIT Sloan School
           2 Amherst St.
           Cambridge, MA

Web agencies, designers and developers can learn more and download a free trial of FaceXpress at www.lifefx.com. Those who download the trial will be registered for a monthly drawing of the LifeFX Software Bundle, which is a combination of the FaceXpress software and a Talent Book Stand-in valued at $3000. In addition, the company will be offering the LifeFX Software Bundle for an introductory price of $1995.

About LifeFX

LifeFX, Inc., a Safeguard Scientifics partner company, is the leading developer of extraordinary, life-like Stand-In(tm) Digital People for the Internet. LifeFX's FaceXpress(tm) software enables Web designers and developers to dramatically enhance new and existing Websites. FaceXpress(tm) makes sites more engaging and effective by conveniently managing the content, expressions and motions of Stand-Ins. For more information about LifeFX, and to download a free trial of the FaceXpress software, visit http://www.lifefx.com.

Statements made in this news release, other than those concerning historical information, should be considered 'forward-looking' and subject to various risks and uncertainties. Such 'forward-looking' statements are made based on management's belief as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. LifeFX Inc.'s future results may differ materially from the results anticipated in these 'forward-looking' statements because of a variety of factors, including the ability of the company to implement its business strategy; the ability of the company to achieve the intended benefits of this strategy; the ability of the company to complete development of its technology; the ability of the company to achieve success in forging strategic relationships; adoption of the technology by major consumer and commercial Web sites; the ability of the company to commercialize the technology before competitors; the ability of the company to retain key employees; and those factors identified in Lifef/x, Inc.'s annual report on Form 10-K for the fiscal year ended December 31, 2000, and its quarterly reports on Form 10-Q and subsequent reports filed with the Securities and Exchange Commission.



            

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