VITRIX Announces New Stock Trading Symbol

Apr 04, 2001, 01:00 ET from VITRIX, Inc.

    TEMPE, Ariz., April 4 /PRNewswire/ -- VITRIX, Inc.
 (OTC Bulletin Board:   VTTX) today announced that effective at the opening of
 the market on Thursday, April 5, 2001, the Company's stock symbol will change
 from "VTTX" to "VRXI."  This change results from the Company's 1-for-10
 reverse stock split, which became effective at 7:30 P.M. (EDT) on Wednesday,
 April 4, 2001.
     Contrary to a statement previously announced on April 2, shareholders of
 the Company in the near term will receive transmittal materials from the
 Company's transfer agent, American Stock Transfer and Trust Company,
 instructing shareholders on how to exchange stock certificates for
 post-reverse stock split shares.
 
     About VITRIX, Inc.:
     VITRIX, Inc., based in Tempe, Arizona, is a developer and provider of
 workforce management solutions for businesses of all sizes.  VITRIX products
 improve productivity by automating collection of time and attendance data,
 staff scheduling and management of labor resources.  For more information
 please visit the VITRIX Web site at http://www.vitrix.com.
 
     Certain information and comments contained in this press release may be
 forward-looking statements (within the meaning of Section 27A of the
 Securities Act of 1933 and Section 21E of the Securities Exchange Act of
 1934).  Factors set forth in the Company's Annual Report on Form 10-KSB for
 the fiscal year ended June 30, 2000, its subsequent Form 10-QSB filings
 together with other factors that appear in this press release or in the
 Company's other Securities and Exchange Commission filings could affect the
 Company's actual results and could cause the Company's actual results to
 differ materially from those expressed in any forward-looking statements made
 by, or on behalf of the Company, in this press release.
 
     For further information, please contact Kyri McDonough, Marketing of
 VITRIX, Inc., 480-967-5800, ext. 407l, kyrim@vitrix.com.
 
 

SOURCE VITRIX, Inc.
    TEMPE, Ariz., April 4 /PRNewswire/ -- VITRIX, Inc.
 (OTC Bulletin Board:   VTTX) today announced that effective at the opening of
 the market on Thursday, April 5, 2001, the Company's stock symbol will change
 from "VTTX" to "VRXI."  This change results from the Company's 1-for-10
 reverse stock split, which became effective at 7:30 P.M. (EDT) on Wednesday,
 April 4, 2001.
     Contrary to a statement previously announced on April 2, shareholders of
 the Company in the near term will receive transmittal materials from the
 Company's transfer agent, American Stock Transfer and Trust Company,
 instructing shareholders on how to exchange stock certificates for
 post-reverse stock split shares.
 
     About VITRIX, Inc.:
     VITRIX, Inc., based in Tempe, Arizona, is a developer and provider of
 workforce management solutions for businesses of all sizes.  VITRIX products
 improve productivity by automating collection of time and attendance data,
 staff scheduling and management of labor resources.  For more information
 please visit the VITRIX Web site at http://www.vitrix.com.
 
     Certain information and comments contained in this press release may be
 forward-looking statements (within the meaning of Section 27A of the
 Securities Act of 1933 and Section 21E of the Securities Exchange Act of
 1934).  Factors set forth in the Company's Annual Report on Form 10-KSB for
 the fiscal year ended June 30, 2000, its subsequent Form 10-QSB filings
 together with other factors that appear in this press release or in the
 Company's other Securities and Exchange Commission filings could affect the
 Company's actual results and could cause the Company's actual results to
 differ materially from those expressed in any forward-looking statements made
 by, or on behalf of the Company, in this press release.
 
     For further information, please contact Kyri McDonough, Marketing of
 VITRIX, Inc., 480-967-5800, ext. 407l, kyrim@vitrix.com.
 
 SOURCE  VITRIX, Inc.