Qorus.com Announces Management Changes.

Bridge Financing Secured; Additional Capital Expected

FAIRFAX, Va., April 18 /PRNewswire/ --

Qorus.com Inc. (OTC Bulletin Board: QRUS) today announced changes in its top management team and reported that a successful financing has been partially completed.

Elected to the positions of Chairman and Chief Executive Officer by Qorus.com's Board of Directors, James W. Blaisdell replaces Michael Sohn, who resigned his positions as Chairman and CEO, and who is consulting for Qorus.com until May 31, 2000. Mr. Blaisdell has also been elected to the additional position of President, replacing Richard Burton, who resigned from that position and is pursuing other opportunities in the telecommunications industry.

"Mike Sohn and Richard Burton guided the company at a critical time in its development," remarked Mr. Blaisdell. "During their tenure with Qorus.com, the company developed its product into a saleable form. Recently, however, Qorus.com has formulated a business strategy to carry the company beyond integrated messaging into other service areas, in some cases functioning as an application service provider. As such, the company has evolved to a point where new leadership is needed to make the most of the outstanding business potential Qorus now has. We wish Mike and Richard well in their new endeavors."

Prior to joining Qorus, Mr. Blaisdell was President and Chief Executive Officer of PSINet Canada. From 1997 to 1999, he served as Vice President of Global Marketing for Iridium LLC, based in Washington, D.C. Mr. Blaisdell's experience with USWEST included various senior level operations and marketing positions prior to 1992, after which he served as Executive Director for USWEST International until 1997, with responsibility for implementing joint ventures throughout Europe.

Bridge Financing Secured

Qorus.com also announced that it has secured bridge financing of $1.5 million, and expected to obtain an additional $8.5 million by the end of the second quarter. The $10 million financing will all be in the form of preferred stock issued to the Thurston Capital Group and other investors.

Commenting on the additional financing, Mr. Blaisdell remarked "Obtaining this additional financing is a key milestone in Qorus.com's progress. It will provide the means by which we expect to be successful in launching our new suite of products and continuing our push into new product areas."

About Qorus.com

Qorus.com, Inc. provides value-added, IP-based communication solutions that leverage the convergence of telecommunications and the Internet. The company's integrated messaging service consolidates and fully integrates e-mail, voice mail, paging, and fax into one versatile account that can be accessed and managed via any web browser or telephone, anywhere in the world, enabling the user to select the most convenient way to receive and respond to these messages. Qorus.com also provides e-commerce communications solutions and a variety of business-oriented electronic messaging services. The company's operations are based in Los Angeles, California, with executive offices in Fairfax, Virginia. For more information about Qorus.com, visit its web site at http://www.Qorus.com or e-mail Qorus.com at info@Qorus.com.

Certain statements contained in this document may be deemed to be forward-looking statements under federal securities laws, and Qorus.com intends that such forward-looking statements be subject to the safe-harbor created thereby. Such forward-looking statements include, but are not limited to (i) expectations of strategic benefits to be realized by Qorus.com as a result of the implementation of its business strategy, (ii) the success of the company in obtaining additional capital; and (iii) the success of the company as a result of obtaining bridge financing and additional capital. Qorus.com cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained herein. Such factors include but are not limited to, (a) the failure of Qorus.com successfully to execute the elements of its business strategy, (b) the company's failure to profitably utilize its financing; and other risks as detailed from time to time in Qorus.com's SEC reports, including Quarterly Reports on Form 10Q, Current Reports on Form 8-K, and Annual Reports on Form 10-K.