Montec's subsidiary signs an agreement with a major Fortune 100 company

    MONTREAL, July 18 /CNW Telbec/ - Montec Holdings Inc. (TSX-V: MTE)
("Montec"), a holding company focused on acquiring and developing a
diversified portfolio of high-growth technology companies, would like to
clarify the details of today's earlier press release announcing the signing of
an agreement, by it's subsidiary Datex Billing Services Inc. ("Datex").
    Datex' Management Services division has signed a two year agreement to
provide services to a major Fortune 100 company estimated to be worth
$4-$5 Million.

    Forward Looking Statements

    This press release contains forward-looking statements which reflect the
Company's current expectations regarding future events. The forward-looking
statements involve risks and uncertainties. Actual results could differ
materially from those projected herein. The Company disclaims any obligation
to update these forward-looking statements.

    The TSX Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    %SEDAR: 00020865E

For further information:

For further information: Myer Bentob, Chairman & CEO, Montec Holdings
Inc., (514) 630-7262,

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