                                                                    EXHIBIT 99.1

CENUCO (R)

COMPANY CONTACT:                        PORTER, LE VAY & ROSE, INC.

Steve M. Bettinger, President           Vincent Daniels, VP - Investor Relations
561-997-2602                            Margarerit Drgos, VP - Media Relations
                                        Jeff Myhre, VP - Editorial
                                        212-564-4700


                  CENUCO COMPLETES SALE OF EDUCATION SUBSIDIARY

        COMPANY TO FOCUS ON GROWTH OF WIRELESS VIDEO MONITORING BUSINESS

BOCA RATON, FL, October 5, 2004 - Cenuco, Inc. (AMEX: ICU) today announced it
has completed the sale of its online education and distance learning business as
part of the Company's strategy of focusing exclusively on its rapidly growing
wireless video monitoring business. All assets and operations relating to
Cenuco's education business have been purchased by an educational specialty firm
focusing on a broad array of educational oriented businesses. The transaction is
combination of cash and notes valued at $1 million with proceeds going into
Cenuco's general operating funds.

Cenuco's wireless video monitoring applications for residential, small business
operations and enterprise solutions allow users to view their family members,
homes, offices, businesses or other important site locations live, on their cell
phone, wireless handheld device or internet connected computer, from anywhere in
the world. In this wireless segment, Cenuco provides cellular carriers, internet
service providers, resellers, and distributors a host of wireless video
streaming products which generate an increase in subscriber adoption of wireless
data services, as well as broadband internet services. The business model
provides additional recurring monthly service revenue models for carriers, ISPs,
resellers and distributors. The Company is currently in deployment negotiations
and/or testing relationships with a number of international and national
cellular carriers, retail chains, major distribution providers, resellers, and
potential technology licensees on a global basis.

Cenuco has already developed partnerships and affiliates including Intel
Corporation, Microsoft Corporation and Qualcomm. The Company has also agreed to
distribution terms with Cellstar, Infosonics, FCI Associates, and other
integrated distribution companies.

Cenuco is debt free with more than $6 million in cash including the proceeds
from the sale of the education subsidiary. The Company expects strong revenue
growth and a positive free cash-flow position during fiscal 2005, as cellular
based remote viewing products achieve increased market acceptance and wider
distribution.

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Steven Bettinger, President and CEO, commented, "We are pleased to have
successfully completed the divestiture of our education subsidiary. Our
educational assets have found an excellent home, allowing Cenuco to focus on our
core wireless remote video monitoring business. Wireless data services are
expected to grow 50% this year reaching $5.5 billion by 2009. 22 million
Americans will access mobile video content via cellular devices, with over 31
million utilizing video messaging. Cellular video services are expected to
account for almost 15% of all wireless data related revenues across the
industry, with Cenuco uniquely positioned to be a service provider to all
parties."

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.


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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