Andromeda Announces Closing of Belcom Purchase.

WELLAND, Ontario -- Albert Iannantuono, President & CEO of Andromeda Media Capital Corporation Limited (OTCBB:ADMPF.PK) announced today that the company has completed its due diligence and closed the purchase of Belcom Canada Inc., a private network consulting and project management firm

The Company made the announcement to purchase Belcom in April 2004 but delayed the closing until the company and the board of directors had completed its due diligence on the firm. Belcom brings a team of over 30 programmers, networking specialists and senior project managers. Dennis Sherbakov, owner and majority shareholder of Belcom, has joined Andromeda and e-commatrix.com (R) inc. as the Vice President of Technology. Mr. Sherbakov will oversee all aspects of client project development and execution from a technology perspective.

Since the announcement of the acquisition, Mr. Sherbakov and Belcom have been employed as contractors for the Company and have been involved in several high profile projects.

"Belcom and Andromeda have worked closely together for the past year while the purchase was being finalized and during this time the two companies have created a powerful development team that will ensure the ongoing success of e-commatrix," said Iannantuono. "The wealth of knowledge and experience we have gained through Belcom has enabled us to deliver on our promise of improved services to our clients."

Upon completion of its due diligence, the Company was successful in renegotiating financial terms of the transaction and reports that it has acquired all of the shares of Belcom Systems Canada Inc. and will operate Belcom as a wholly owned subsidiary with effect from October 1, 2004. On February 18, 2005 Andromeda issued to the shareholders of Belcom, a total of 750,000 common shares in the Company issued at $0.4646 per share and has agreed to pay $150,000 over the next three years, for a total purchase price of $502,200. As a result of this transaction, the shareholders of Belcom will hold 16.22% of the issued and outstanding common shares of Andromeda. Dennis Sherbakov, former president of Belcom, now holds 10.81% of the issued and outstanding common shares of Andromeda.

Andromeda, through its wholly owned subsidiary, e-commatrix.com(R) inc., is focused on providing breakthrough eBusiness and eCommerce proprietary products and services. These products are introduced to market through an international network of licensed partners as complimentary product lines to their existing solutions, and under a progressive revenue-sharing model.

Issued and outstanding capitalization as at February 28, 2004 - 4,623,434 common shares. No stock exchanges have reviewed or accepted responsibility for the adequacy or accuracy of the content of this press release.

Certain statements contained herein constitute forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business and financing, business trends, and future operating revenues and expenses. Statements regarding the aforementioned are based on several assumptions and are not to be considered fact. Although Andromeda Media Capital Corporation Limited and e-commatrix.com(R) inc. believe that the statements are reasonable, it can give no assurances that such expectation will prove to be correct. Investors are cautioned that any forward-looking statements made by Andromeda Media Capital Corporation Limited or e-commatrix.com(R) inc. contain no guarantee of future performance and that actual results may differ materially from those set forth in the forward-looking statements. For additional information see the reports filed by the company in its securities filings with applicable securities regulators (currently available at www.sedar.com). Unless otherwise required by applicable securities laws, Andromeda disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Andromeda Media Capital Corporation Limited (OTC Bulletin Board:ADMPF)