CD Warehouse, Inc. Announces Delisting From Nasdaq Market System

Apr 10, 2001, 01:00 ET from CD Warehouse, Inc.

    OKLAHOMA CITY, April 10 /PRNewswire/ -- CD Warehouse, Inc.
 (OTC Bulletin Board:   CDWI) today announced that it was informed at the close
 of business on April 9, 2001, by Nasdaq that, despite the Company's appeal,
 the Company common stock was delisted from Nasdaq Stock Market effective with
 the open of business on Tuesday, April 10, 2001.  The Company's common stock
 will be trading on the OTC Bulletin Board under the symbol "CDWI" effective
 April 10, 2001.
     CD Warehouse, Inc. franchises and operates retail music stores in
 37 states, the District of Columbia, England, France, Guatemala, Canada and
 Venezuela under the names "CD Warehouse", "Disc Go Round", "CD Exchange" and
 "Music Trader".  CD Warehouse stores buy, sell and trade pre-owned CDs, DVDs
 and games with their customers, as well as sell a full complement of new
 release CDs.  Company information is available at www.cdwi.com.
     Statements made in this press 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.  The Company's actual
 results may differ materially from the results anticipated in these forward-
 looking statements as a result of a variety of factors, including, but not
 limited to, future economic conditions, industry conditions, competitive
 pressures, and continuing ability to finance the company's operations, and
 those contained in the Company's periodic reports filed with the Securities
 and Exchange Commission.
 
 

SOURCE CD Warehouse, Inc.
    OKLAHOMA CITY, April 10 /PRNewswire/ -- CD Warehouse, Inc.
 (OTC Bulletin Board:   CDWI) today announced that it was informed at the close
 of business on April 9, 2001, by Nasdaq that, despite the Company's appeal,
 the Company common stock was delisted from Nasdaq Stock Market effective with
 the open of business on Tuesday, April 10, 2001.  The Company's common stock
 will be trading on the OTC Bulletin Board under the symbol "CDWI" effective
 April 10, 2001.
     CD Warehouse, Inc. franchises and operates retail music stores in
 37 states, the District of Columbia, England, France, Guatemala, Canada and
 Venezuela under the names "CD Warehouse", "Disc Go Round", "CD Exchange" and
 "Music Trader".  CD Warehouse stores buy, sell and trade pre-owned CDs, DVDs
 and games with their customers, as well as sell a full complement of new
 release CDs.  Company information is available at www.cdwi.com.
     Statements made in this press 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.  The Company's actual
 results may differ materially from the results anticipated in these forward-
 looking statements as a result of a variety of factors, including, but not
 limited to, future economic conditions, industry conditions, competitive
 pressures, and continuing ability to finance the company's operations, and
 those contained in the Company's periodic reports filed with the Securities
 and Exchange Commission.
 
 SOURCE  CD Warehouse, Inc.