GourmetMarket.com, Inc. (OTCBB:WINE) announced today that the Board of Directors has named Noel J. Guillama as Chairman and CEO, effective immediately. The Company also announced that C. Lawrence Rutstein will stay on as Vice Chairman. This is the Company’s first step in its previously announced new focus on interactive marketing.

Noel Guillama brings to the Company extensive experience in mergers and acquisitions and in building fast growing integrated organizations. He has been involved in various industries ranging from print media, broadcasting, cable, real estate, construction and healthcare. He has served as an officer and/or director in various public companies, and was previously Founder, Chairman and CEO of Metropolitan Health Networks, Inc. (OTCBB:MDPA). Under Guillama’s leadership Metropolitan grew from a startup to a company with $100 million in revenues in four years.

C. Lawrence Rutstein, Vice Chairman of GourmetMarket.com stated: “With our new focus on interactive marketing, we are very excited that an individual with Noel’s extensive business experience has joined us as CEO. We look forward to Noel’s continuing development of the company.”

Guillama said: “I am very pleased to be taking a leadership role with the Company, and look forward to the opportunity to further its growth. With the platform that has already been established, and the transactions that the Company currently has in process, we plan to build a leading interactive marketing company that will increase value for our existing shareholders.”

Forward Looking Statements

This release contains certain forward-looking statements regarding GourmetMarket.com, including statements about its operations, prospects and expectations about future financial results, including, but not limited to, future revenues and earnings. These forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially and are subject to change at any time. The Company’s actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Investors are cautioned that all forward-looking statements involve risk and uncertainties, including those risks and uncertainties detailed in the Company’s Annual Report on Form 10-KSB for the year ended December 31, 2000 filed with the SEC.