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EXHIBIT 99.1



|For Release              | Contact                      
|------------------------ | -----------------------------
|Friday, October 20, 2000 | Paul R.
        Streiber     
|3:30 PM CT               | Ascendant
        Solutions  
|                         | 214.348.7200
        ext. 298
|                         | ir@ascendantsolutions.com    



ASCENDANT SOLUTIONS COMPLETES FORMAL NAME
CHANGE
AND RE-INCORPORATION--------------------------------------------------Shareholders Pass Three Proposals

GARLAND, Texas, Oct. 20  Ascendant Solutions, Inc.
(Nasdaq: ASDS), a provider of comprehensive system solutions for
online and traditional merchants, officially changed its name and
state of incorporation effective today. The name change and
re-incorporation (from Texas to Delaware) were accomplished by
merging ASD Systems, Inc. into Ascendant Solutions, Inc., a
Delaware corporation and wholly owned subsidiary. The ticker
symbol for the company, "ASDS," does not change.

The Board of Directors of ASD Systems approved the name change
and merger on August 17, 2000, and shareholders voted their
approval yesterday at a Special Meeting of Shareholders in
Addison, Texas.

"We are pleased that our shareholders voted to recognize
our new name and direction," said David E. Bowe, president
and CEO of Ascendant Solutions. "The name Ascendant
Solutions reflects our commitment to providing a higher level of
service to our clients and customer care to their
customers."

<PAGE>

ASCENDANT SOLUTIONS COMPLETES FORMAL NAME CHANGE
AND RE-INCORPORATION

Each issued and outstanding
share of common stock of ASD Systems, Inc. was automatically
converted into one share of common stock of Ascendant Solutions,
Inc. Shareholders should retain their existing stock
certificates, as an exchange of certificates is not required.

At the Special Meeting,
shareholders also approved amending the 1999 Long-Term Incentive
Plan to increase the maximum number of shares underlying stock
options that may be issued to an individual during any one-year
period and ratifying the grant of stock options to certain senior
executive officers of the company.

Separately, Ascendant Solutions
announced that Rick Troberman, executive vice president of sales
and marketing has decided to retire after convalescing from a
serious injury for several weeks. Andy Morrow, 48, vice president
for North American sales for the company, has been selected to
take over as head of sales ensuring a smooth transition. Morrow
will have responsibility for setting and executing Ascendant
Solutions overall sales strategy. Morrow, who joined
Ascendant Solutions last July, has approximately 20 years of
technology sales and consulting experience with such prominent
companies as IBM, Oracle Corporation, Baan Company and Yantra
Corporation.

Ascendant Solutions offers
comprehensive system solutions for online and traditional
merchants, including online and traditional retailers, catalogers
and manufacturers. Omnigy, Ascendant Solutions flagship
product, enables companies to focus on their core businesses and
is designed to provide their customers with the "Ultimate
Buying ExperienceSM." The Omnigy platform not
only speeds our clients time to market, but also gives them
the ability to outsource and integrate their commerce-related
operations, including customer relationship management (CRM),
order management, order processing and fulfillment management.
For more information about Ascendant Solutions, please visit
http://www.ascendantsolutions.com.

This release includes forward-looking statements including
statements. These statements are made under the "Safe
Harbor" provisions of the Private Securities Litigation
Reform Act of 1995 and involve risks and uncertainties that could
cause actual results to differ materially from those in the
forward- looking statements, including but not limited to, the
following: our ability to achieve or

<PAGE>

ASCENDANT SOLUTIONS COMPLETES FORMAL NAME CHANGE
AND RE-INCORPORATION

sustain profitability; our limited operating history; the
risks associated with the failure of our solutions to achieve
widespread market acceptance or meet specific client needs;
significant client concentration; the fact that our client
contracts are either short-term or terminable with minimal
notice; systems risks and uncertainties, including rapid
technological change and those related integration and
implementation of our solutions platform; the risks related to
the possible inability of our system to connect to and manage a
larger number of clients; business conditions in the software
industry generally; the impact of market competitors and their
product and service offerings; and such other factors that are
more fully detailed in our filings with the Securities and
Exchange Commission, including our Form 10-K for the fiscal year
ended December 31, 1999.

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