Nasdaq Changes Status of Nx Networks, Inc. and Requests Additional Information from Company

Washington, D.C.—The Nasdaq Stock Market^® announced today that the trading halt status in Nx Networks, Inc., (NASDAQ: NXWX) was changed to "additional information requested" from the company. Trading in the company had been halted on 10/31/01 at 11:42 a.m. Eastern Time for News Pending at a last sale price of .20. Trading will remain halted until Nx Networks, Inc. has fully satisfied Nasdaq's request for additional information.

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