                                                                      EXHIBIT 99

CENUCO TO ACQUIRE OMNIPOINT, LLC FOR $22.5 MILLION

BOCA RATON, FL - October 25, 2004

Cenuco, Inc. (AMEX: ICU) today announced it has entered into an agreement to
acquire Omnipoint Marketing LLC, a leading provider of technology based
advertising and media solutions. Under the terms of the agreement, the purchase
price will be $22.5 million, and will be a combination of cash and common stock.
The transaction, which is subject to shareholder and regulatory approvals, is
expected to close in December of 2004.

Cenuco expects to generate approximately $23 million in revenue, with
profitability, over the next 12 months.

After the closing of the transaction the Omnipoint business will operate as a
separate division of Cenuco. Key Omnipoint management personnel will join
Cenuco. Adam Mittelberg, formerly with Naviant and Seisent will become President
of the new Advertising and Media Solutions division. "We expect to immediately
implement a new cellular advertising offering to our present and future clients.
By utilizing Cenuco's core technology for delivering video and audio onto cell
phones, we believe we can create a new innovative standard in today's
advertising industry. In addition, we expect other immediate cross selling
opportunities for the combined entity," stated Adam Mittelberg.

Through this transaction, Cenuco's new Advertising and Media Solutions division
will utilize the Company's wireless technology to create a new advertising
platform delivering streaming video and audio marketing messages directly to
hand held cellular devices. Omnipoint currently specializes in results oriented
advertising and online marketing solutions and has established strong customer
relationships with American Express, Dell, Hewlett Packard, Nokia, American
Airlines, Sprint, Saturn, Staples, Adelphia, New York Times, Charter
Communications, Cox Communications, Comcast, Pep Boys, Neiman Marcus, Enterprise
Car Rental, to name a few.

Robert Picow, Chairman of Cenuco, commented, "We are truly excited to integrate
the two companies' strengths into a diversified global cellular application and
technology company while capitalizing on the maturing cellular data
infrastructure worldwide. The combined company will also be able to market
Cenuco's entire consumer and commercial product lines."

About Cenuco

Cenuco, Inc. develops wireless solutions for transmitting live streaming video
to PDAs and cell phones. The Company's technology has applications in a variety
of markets, including security, education, real estate, insurance, government
and retail market segments. Cenuco's wireless video monitoring solutions are the
primary focus of its business and allow users to view real-time streaming video
of security cameras at their home or place of business from anywhere they
receive a cellular connection, regardless of the carrier or user's location. The
Company's products address the fast-growing security, surveillance and Homeland
Security markets, and some of its monitoring products have been listed on the
Federal General Services Administration (GSA) schedule. Please visit
www.cenuco.com for additional information.

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About the Acquisition

In connection with the proposed acquisition, the Company will file a proxy
statement with the Securities and Exchange Commission. INVESTORS AND SECURITY
HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE,
BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders
may obtain a free copy of the proxy statement (when available) and other
documents filed by the Company at the Securities and Exchange Commission's web
site at http://www.sec.gov . The proxy statement and such other documents may
also be obtained for free from the Company by directing such request to the
Company, Attention: Steven Bettinger, Chief Executive Officer and President,
Cenuco, Inc., 6421 Congress Avenue, Suite 201, Boca Raton, FL 33487, Telephone:
561-997-2602.

The Company and its directors, executive officers and other members of its
management and employees may be deemed to be participants in the solicitation of
proxies from its shareholders in connection with the proposed acquisition.
Information concerning the interests of Company's participants in the
solicitation is set forth in the Company's proxy statements and Annual Reports
on Form 10-KSB, previously filed with the Securities and Exchange Commission,
and in the proxy statement relating to the acquisition when it becomes
available.

Certain statements contained herein may constitute forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, 21E of the
Exchange Act of 1934 and/or the Private Securities Litigation Reform Act of
1995. Such statements include, without limitation, statements regarding business
plans, future regulatory environment and approval and, the Company's ability to
comply with the rules and policies of independent regulatory agencies. Although
the Company believes the statements contained herein to be accurate as of the
date they were made, it can give no assurance that such expectations will prove
to be correct. The Company undertakes no obligation to update these
forward-looking statements.

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