Exhibit 99.08

DataMEG Corp. Announces Collaborative Licensing Agreement Between Data
Connection and Its Wholly Owned Subsidiary, North Electric Company,
Inc.

THURSDAY, MARCH 21, 2002 12:34 PM
 - BusinessWire

RALEIGH, N.C. & LONDON, Mar 21, 2002 (BUSINESS WIRE) -- Data
Connection Limited (DCL), the world's leading provider of carrier-
class communications protocol source code, and North Electric Company,
Inc. (NECI), a ground-breaking provider of Test-OSS solutions for
next-generation carrier networks, today announced a cross-licensing
agreement. The terms of the agreement, which were not disclosed in
detail, give NECI access to DCL's MPLS and OSPF protocol software
suites, (DC-MPLS and DC-OSPF) and allow DCL to use NECI's monitoring
and test applications.

"We are very pleased to have reached this agreement with DCL," said
Rex Hester, Chairman and CEO of DataMEG Corp. "We have chosen DCL's
software for its comprehensive support of new and emerging
communications standards. Their protocol software gives us a scalable
and resilient base on which to build our exciting new Test-OSS
solutions. In an environment where speed-to-market is crucial, DCL's
very high quality code and extremely responsive support make all the
difference."

Ben Miller, General Manager of ATM, MPLS and IP Routing at DCL added,
"The clear and easy-to-use visual presentation of complicated network
information is essential to the carrier operations personnel. NECI
have some innovative solutions to this problem and innovative plans
for problem solving solutions for major carrier networks. Their
products will provide us with tools that will be of great value in
demonstrating what can be done with our protocol code."

DataMEG Corp. (OTCBB:DTMG) is a technology development company focused
on new technologies, software applications and products primarily
serving the communications 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 MPLS
based IP and optical transport networks. NECI's innovative products
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.

Data Connection Limited (DCL) is the leading independent developer and
supplier of MPLS, IP Routing, LMP, SIP, MGCP/Megaco, SCTP, ATM,
Conferencing, Unified Messaging, Directory and SNA portable products.
Customers include Calient, CIENA, Cisco, COLT Telecom, Fujitsu,
Hewlett-Packard, Hitachi, IBM Corp., Lucent, Microsoft, Nortel
Networks, Santera, Sonus, Sycamore, SBC, SGI, Sun, and Verizon. It's
MetaSwitch division develops and manufactures a carrier-class, next
generation Class 5 switch for telecommunications service providers,
data Connection is headquartered in London UK, with US offices in
Reston, VA and Alameda, CA.

It was founded in 1981 and is privately held. During each of the past
20 years its profits have exceeded 20 percent of revenue. Last year's
sales exceeded $35m of which 90% were outside of the UK, mostly in the
US. The company received its second Queen's award for outstanding
export performance in 1999. For more information on DCL please visit
www.dataconnection.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 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. & NECI
                   Public Relations: Carla Erickson, 919/341-6002
                   or
                   Data Connection
                   Toby Eccles, 20-8366-1177