Exhibit 99.06

DataMEG Corp. Announces Plan to Distribute Its CAS Communications,
Inc. Ownership to DTMG Shareholders

MONDAY, MARCH 18, 2002 12:54 PM
 - BusinessWire

CHARLOTTE, N.C., Mar 18, 2002 (BUSINESS WIRE) -- DataMEG Corp. (DTMG)
announced today that the shares of common stock of CAS Communications,
Inc. held by the Company will be distributed pro rata to the Company's
shareholders. The specific details for this stock distribution will be
announced as part of the Information Statement that will be made
available to Company shareholders prior to the distribution. The
effective date concerning shareholders of record who will be eligible
to receive the share distribution will be determined in the near
future.

The Company will distribute one (1) share of CAS Communications, Inc.
stock to shareholders of record, for every two (2) shares of DTMG
stock owned. The net result of the transaction will provide eligible
DTMG shareholders with equity ownership in both operating entities.
The transaction is subject to the majority approval (51%) of the
shareholders of DataMEG Corp.

Andrew Benson, President of DataMEG Corp. stated, "We believe this is
a very positive move for the Company and our shareholders. It will
allow CAS Communications, Inc. to focus on the CAS technology
development project, and allows DataMEG Corp. to focus on the success
of it's wholly owned subsidiary North Electric Company, Inc. (NECI).
DataMEG shareholders of record eligible to receive the share
distribution will continue to benefit from the business success of
both entities."

Mr. Benson continued, "CAS Communications, Inc. is in the process of
forming its own management team and has been involved in discussions
with representatives from Quantum Advanced Technologies, Inc. (QAT) to
determine what financial and engineering resources may be sourced and
utilized to further the CAS technology development project. Mr.
Anthony Boiardi, CEO of QAT, will be heading up the management
organization effort and has been involved in the initial financing
discussions and planning."

DataMEG Corp. will receive, from CAS Communications, Inc. and as part
of their formation agreement, annual royalties at 7% of gross
revenues, once product sales and revenues are established.

Rex Hester, Chairman and CEO of NECI stated, "We also see this as very
positive and anticipate additional DataMEG Corp. changes coming in the
next few weeks to strengthen and focus DataMEG Corp.'s management and
business strategy and have NECI and DataMEG CORP. sharing a single
business focus. This is an exciting time for DataMEG Corp. and we at
NECI are all pleased with the merger and the opportunities before us.
We look forward to the achievement of our strategic goals to the
benefit of DataMEG Corp. and its shareholders."

DataMEG Corp. (DTMG OTC:BB) is a development stage technology company
focused on developing new technologies, software applications and
products primarily serving the telecommunications sector. North
Electric Company, Inc. (NECI), a wholly owned subsidiary of DataMEG
Corp. is a next generation Test-OSS company focused on providing
solutions for monitoring, testing and fault isolation for next
generation IP and Optical transport networks. NECI's innovative
solutions enable communications providers to ensure optimal network
performance, to meet service level agreements through integrative
system solutions. Additional information about DataMEG Corp. and NECI
is available at www.Datameg.com and www.northelectriccompany.com

Except for the historical information contained herein, this press
release contains forward-looking statements within the meaning of
Section 21E of the Securities and Exchange Act of 1934, as amended
that involve a number of risks and uncertainties. These forward-
looking statements may be identified by reference to a future period
by use of forward-looking terminology such as "expect," "anticipate,"
"could," "would," "will," and "may" and other words of similar nature.
There are certain important factors and risks that could cause results
to differ materially from those anticipated by the statements herein.
Such factors and risks include the successful completion of the CAS
technology development, the successful completion of projects underway
at North Electric Company and the business conditions and growth in
related areas of telecommunications, wireless and digital transmission
areas, and in the economy in general. Competitive factors include the
rapid pace of alternative technology advancements and the Company's
ability to gain market acceptance of its evolving products. Other
risks may be detailed from time to time in our filings with the
Securities and Exchange Commission. Neither DataMEG Corp. nor its
subsidiaries undertake any obligation to update or revise any forward-
looking statements, whether as a result of new information, future
events or otherwise.

CONTACT:           DataMEG Corp.
                   Rich Kaiser, 757/306-6090