EGX Engex, Inc.

NEW YORK, Jan. 30, 2012 /PRNewswire/ -- The investment adviser to Engex, Inc., a registered closed-end management investment company (the "Fund"), has been advised that the market price of the Fund's stock has increased more than twenty percent.  The Fund's investment adviser is not aware of any circumstance that would cause the market price increase and is unable to offer any explanation for the price change.

Engex, Inc.

44 Wall Street, 2nd Floor

New York, NY  10005

212-495-4492

www.engexinc.com

SOURCE Engex, Inc.