Morlex Acquires Ad Authority(R) to Form Ad Authority Group, Inc.

Apr 16, 2008, 01:00 ET from Morlex, Inc.

    SAN DIEGO, April 16 /PRNewswire-FirstCall/ -- Yesterday, Ad Authority,
 Inc.(R) (website http://www.adauthority.com), a leading innovator in direct
 to consumer internet marketing, announced its acquisition by Morlex, Inc.
 (OTC Bulletin Board:   MORX), an Internet-focused customer acquisition
 company that owns and markets newsletters and websites targeting the
 personal finance and trading marketplace.
 
     In connection with the acquisition, Morlex closed a total of $4,400,000
 in private placement of its common stock and convertible notes. Joseph
 Gunnar & Co. acted as the private placement agent in connection with the
 private placement of common stock.
 
     Ad Authority and Morlex wish to clarify that the consideration for the
 acquisition included $3.5 million in cash, 6.5 million shares of Morlex
 common stock and a $4.5 million secured note to Iakona, Inc., a company
 owned by Jason Kulpa, Ad Authority's CEO who became the CEO of Morlex
 following the acquisition.
 
     Ad Authority was represented by Andrew M. Apfelberg of Rutter Hobbs &
 Davidoff Incorporated, and Morlex was represented by Jane Greyf and Martin
 P. Russo of Nixon Peabody LLP in connection with the acquisition.
 
     About Ad Authority, Inc.
 
     Ad Authority(R) is a San Diego-based internet marketing firm that
 reaches millions of consumers through proprietary technology reaching 90%
 of Internet users through email, portals, SEO technologies, voice
 broadcasting and advertising network affiliations. LeadX, the company's
 proprietary lead management software, enables users to more effectively
 manage higher volumes of leads and maximize ROI and marketing efficiency.
 Ad Authority(R) was recently acquired by Morlex, Inc. (OTC Bulletin Board:  
 MORX) with plans to change its name to the Ad Authority Group. For more
 information about Ad Authority(R), please visit:
 http://www.AdAuthority.com.
 
     About Morlex, Inc.
 
     Morlex, Inc. (OTC Bulletin Board:   MORX) operates as an Internet-focused
 customer acquisition company that owns and markets newsletters and websites
 targeting the personal finance and trading marketplace. Morlex also
 specializes in Internet sales, pay-per-click, and Internet advertising
 through approximately 1,000 owned domains.
 
 
 

SOURCE Morlex, Inc.
    SAN DIEGO, April 16 /PRNewswire-FirstCall/ -- Yesterday, Ad Authority,
 Inc.(R) (website http://www.adauthority.com), a leading innovator in direct
 to consumer internet marketing, announced its acquisition by Morlex, Inc.
 (OTC Bulletin Board:   MORX), an Internet-focused customer acquisition
 company that owns and markets newsletters and websites targeting the
 personal finance and trading marketplace.
 
     In connection with the acquisition, Morlex closed a total of $4,400,000
 in private placement of its common stock and convertible notes. Joseph
 Gunnar & Co. acted as the private placement agent in connection with the
 private placement of common stock.
 
     Ad Authority and Morlex wish to clarify that the consideration for the
 acquisition included $3.5 million in cash, 6.5 million shares of Morlex
 common stock and a $4.5 million secured note to Iakona, Inc., a company
 owned by Jason Kulpa, Ad Authority's CEO who became the CEO of Morlex
 following the acquisition.
 
     Ad Authority was represented by Andrew M. Apfelberg of Rutter Hobbs &
 Davidoff Incorporated, and Morlex was represented by Jane Greyf and Martin
 P. Russo of Nixon Peabody LLP in connection with the acquisition.
 
     About Ad Authority, Inc.
 
     Ad Authority(R) is a San Diego-based internet marketing firm that
 reaches millions of consumers through proprietary technology reaching 90%
 of Internet users through email, portals, SEO technologies, voice
 broadcasting and advertising network affiliations. LeadX, the company's
 proprietary lead management software, enables users to more effectively
 manage higher volumes of leads and maximize ROI and marketing efficiency.
 Ad Authority(R) was recently acquired by Morlex, Inc. (OTC Bulletin Board:  
 MORX) with plans to change its name to the Ad Authority Group. For more
 information about Ad Authority(R), please visit:
 http://www.AdAuthority.com.
 
     About Morlex, Inc.
 
     Morlex, Inc. (OTC Bulletin Board:   MORX) operates as an Internet-focused
 customer acquisition company that owns and markets newsletters and websites
 targeting the personal finance and trading marketplace. Morlex also
 specializes in Internet sales, pay-per-click, and Internet advertising
 through approximately 1,000 owned domains.
 
 
 SOURCE Morlex, Inc.