SOURCE: Cygnus eTransactions

October 10, 2005 09:00 ET

Cygnus to Leverage Advanced Printing Technology

ORLANDO, FL -- (MARKET WIRE) -- October 10, 2005 -- Cygnus eTransactions Group, Inc. (OTC: CYGT) today announced that it has exclusively licensed PocketMod™ (www.pocketmod.com), for ticketing, credentialing, and event management applications. PocketMod is a technology that enables the printing of highly customized media that may include credentials, itineraries, tickets and schedules. PocketMod, a simple application of origami origin, uses a customized print format that when folded, becomes a small, 8-page 'notebook' containing organized and formatted information relevant to the event. This print-at-home application may include personalization with customer name, ticket barcodes, advertising, associated pre-purchases, schedules, or permissions associated with an event.

"I am pleased that Cygnus recognized a unique value in my PocketMod application," said Chad Adams, inventor of PocketMod. "Cygnus customers will enjoy the compact presentation of a large amount of printed information, and use with print-at-home ticketing is an innovative use of my technology."

"PocketMod is a great fit for our new event management business segment," said Charles Stewart, president of Cygnus. "The initial feedback that we have had from event organizers and sponsors that have previewed the product has been pure excitement. Now event attendees, volunteers, VIP's and patrons can print out a complete manifest of their event experience inclusive of traceable permissions, yet it fits perfectly in a standard badge holder."

About Cygnus eTransactions Group, Inc. (Cygnus)

Cygnus provides ticketing, reservation and event management solutions on a fee per transaction basis for theme parks, attractions, live entertainment venues, sporting events and resorts. Cygnus serves as a technology partner for its customers, enabling sales through online stores, ticket offices, call centers, kiosks and ticket brokers. Cygnus provides a complete suite of complimentary products and services, including print-at-home ticketing, electronic will-call, event registration and credential distribution, access control, stored value cards, payment processing, management tools, real-time reporting and web analytics. More information is available at www.cygnus.com/pr

Forward-Looking Statements

Some of the statements contained in this news release constitute forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors, including changes in general economic, political and business conditions, actions of current and potential competitors, ability to attract new and retain existing customers, and other factors could cause actual results to differ materially from the Company's expectations and these forward-looking statements.

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