Press Release

Some of the world’s best known organisations and some that are expected to soon attract wide attention be on display at NSX: Investing In Innovation 2002 at Newcastle City Hall on Friday 24 May 2002. · AusIndustry AusIndustry is the Commonwealth Government’s business unit designed to help Australian businesses become more innovative and internationally competitive. Through its offices across Australia, AusIndustry delivers around 30 products, worth about $2 billion, to some 8000 customers annually. The products are grouped under the four broad streams of Innovation, Venture Capital, General Industry Incentives, and Industry Specific Incentives. · Baker & McKenzie Baker & McKenzie is the world’s largest law firm with 64 offices in 35 countries, providing unparalleled specialist, multi-jurisdictional legal services. Globally and locally the Firm practices all forms of commercial law. The unique international partnership has formed a hub of expertise and resources to provide the scale and caliber of advice required by Governments, global corporations and clients in local markets. Baker & Mckenzie were proud to be the legal advisor to the NSX on their listing and to have had the privilege of working with them since 1999. · Baldwin Shelston & Waters Baldwin Shelston & Waters is law firm based in Sydney specializing in patent law and intellectual property. The firm works closely with TUNRA University of Newcastle · Cameron Stockbroking Cameron Stockbroking services are tailored to the needs of private individuals, whether patient investors or market traders and whatever the size of transactions. Their client base, while centred in Sydney and New South Wales, extends to all parts of Australia as well as overseas. Cameron Stockbroking also services a number of fund managers and institutions, especially as a result of relationships with smaller listed companies. Their corporate clients currently include building societies and small resource and industrial companies. · Cutcher and Neale Accountants Cutcher & Neale commenced business as Chartered Accountants in Newcastle in 1953. The business now boasts 5 Partners and 46 staff. The Firm maintains Specialist Teams to provide the diverse range of services demanded by its extensive customer base. Renowned for their high business ethics and integrity, Cutcher and Neale are at the forefront of the business advisory profession. Cutcher and Neale have gained recognition as a leading Firm of business advisers within the Hunter Valley, Central Coast and the North Coast. · Danka As one of the industry's largest independent distributors of office equipment, Danka is positioned to give you the convenience of a single supplier and dedicated service that most manufacturers and dealers cannot match. Unlike a manufacturer, Danka provides solutions that are suitable for your business from some of the world's best suppliers. Danka's manufacturer independence gives them the ability to supply the latest in office technology. · Desiin Desiin are network and software engineering consultants, who market IT solutions, undertake IT projects and provide consulting and contracting labour services to the IT&T industry. Desiin have offices located in the Hunter Valley of NSW where they work for customers across Australia and around the world. We deal in all aspects of the design, engineering, software development and systems integration of Internet and intranetworking environments for retail, commercial and industrial applications. · Fourth Wave Fourth Wave is a specialist consultancy based in the Hunter working with a range of businesses throughout Australia on the development and management of innovation. · Gold Management/BOSMIN Conveyors The Brilliant Gold Reef Project is an exploration and gold mining project at Charters Towers in North Queensland. It includes an innovative financing package which provides investors with a 100% tax deduction on entry. This is the first time an investment option has been offered to the Australian public. Bosmin have developed a new underground ore haulage system which offers a significant reduction in mine operating costs. The system incorporates a revolutionary Coaxial Pipe conveyor to transport rock from underground to the surface, along steep and variable roadways. · Hunter Economic Development Corporation/ Department of State and Regional Development Through the advice they provide and the initiatives they promote, the HEDC’s Mission is the develop and economic, commercial and social environment necessary to ensure the sustainable growth of the Hunter region. HEDC seeks to promote employment and sustainability; depth and diversity of skills, expertise and sustainability; regional autonomy and government efficiency; productivity and competitiveness, and national and international recognition. · Kooee After successfully launching into Newcastle and the Central Coast in October 2000. Kooee is delivering much needed competition to the traditional telecommunications providers in regional areas and is one of few telecommunications companies in Australia with a truly regional focus. Kooee's services include local, national and international telephony; mobile telephony; data networking; internet services; phone card services and other enhanced services. · Lawler Partners Lawler Partners is the largest regional accounting and business advisory practice in Australia with 10 principals and over 100 people, and were recently voted the leading regional firm by Business Review Weekly. Their Clients range from medium privately owned businesses to listed public companies, small to medium privately owned businesses and Government Organisations. · Macquarie Bank Macquarie Bank organises its activities into six operating Groups, specialising in defined product or market sectors. Technical expertise, strong risk management and an enterprising approach underlie all activities in all areas and have enabled them to achieve a consistent record of profit and growth, delivering significant benefits to clients and shareholders. Listed on the Australian Stock Exchange in 1996, Macquarie has maintained a return on equity (ROE) of better than 20 per cent and now ranks as one of Australia's top 25 companies with a total market value of $A7.2 billion. · National Rail National Rail Corporation Limited (NRC) was a public company whose shareholders were the Commonwealth, NSW and Victorian Governments. The company, combined with Freight Corp, was sold to National Rail Consortium Pty Ltd. The National Rail Consortium now provides significant large scale national transport and logistics experience to the combined Freight Corp/NRC operation, together with additional financial and managerial capability. · Newcastle City Council Newcastle City Council is the leading Local Government in the Hunter Region of New South Wales. The Council serves a population of 140, 000. Newcastle is a regional economic hub with a jobs base of 60 000. The economy is built around trade and manufacturing surrounding the Port of Newcastle and Newcastle Airport; Commerce and administration concentrated on the City Centre; Education and health services focusing on Newcastle University and John Hunter Hospital; and Tourism and leisure feeding off coastal landscape and beaches, historic harbour sites, arts, culture, dining and nightlife. · Pacific Capital Partners Founded in 1983, Pacific Capital Corporation Ltd, is a Sydney-based corporate advisory firm that has successfully assisted large and small businesses in Australia, New Zealand and overseas. Main activities include the raising of equity, debt and venture capital; managing CAPstart Private Equity Market, and Providing a full range of Corporate Advisory Services. · Pisces Marine Aquaculture Pisces Marine Aquaculture is a wholly Australian owned company that was incorporated in 1997 with a view to commercializing research into Snapper farming conducted by NSW Fisheries. A two-year trial involving research into fish breeding habits, aquaculture farming techniques and monitoring of environmental impacts, was completed in 2001 and is proceeding to full scale operations. The project will create substantial regional employment opportunities, and is an ecologically sustainable industry. · Polartechnics Polartechnics, founded in 1987, is in the final stages of commercialising revolutionary inventions for the detection of precancer and cancer. The inventions form a biophysical technology platform using opto-electronic measurements of human tissue interpreted through specially designed algorithms. The first product will be applied to the cervix and is called TruScan. It will detect precancer and cancer of the cervix in real time with a high level of accuracy. The company has a strategic alliance with Johnson and Johnson to launch TruScan in major markets. The second product, SolarScan, is a device for the detection of melanoma, a disease the incidence of which is growing rapidly. Further products that will be developed from the technological platform are for the detection of precancer and cancer of internal organs such as colon, bladder, stomach, oesophagus, mouth, bronchial tubes and the prostate. · Pritchard Stockbroking The Pritchard Financial Group Pty. Limited combines a firm of Certified Practising Accountants with a Stockbroking and Wealth Management house. They are a leading provider of accountancy, taxation, financial advisory, and wealth management services to private clients, small and medium sized businesses and professional practices. · Protrader Software Based in Western Australia, Pro Trader has built a unique share market software package. Pro Trader’s aim is to empower their members with the information needed to achieve financial independence by educating them to take control of their financial affairs. · Sparke Helmore Founded in 1882, Sparke Helmore is one of Australia’s longest established law firms. Our strong legal track record, combined with cutting edge information systems, allows Sparke Helmore to provide business, government and insurance clients with proactive and responsive legal services. The Firm is one of the fastest growing law firms in Australia, with offices in each capital city and two offices servicing the Hunter region. · SPT in association with NBN Soul Pattinson Telecommunications Pty Limited (SPT) is a licensed telecommunications carrier. SPT owns and operates a broadband telecommunications network between Sydney and Brisbane, with spurs into major regional centres of Northern NSW and South East Queensland. SPT is a wholly owned subsidiary of one of Australia's oldest publicly listed companies, Washington H Soul Pattinson and Company Limited. · The Stock Exchange of Newcastle Limited (NSX) The Stock Exchange of Newcastle Limited is Australia’s second official stock exchange approved under Corporations Law in Australia. The NSX has developed a unique set of Listing Rules to assist small, medium and regionally based business to list their securities on an approved Stock Exchange. · Solar Sailor Advanced Technology Watercraft designs and builds Hybrid Power Systems for the marine industry. Hybrid power systems represent the future of marine transport, combining available renewable energy sources, such as wind and solar power, with reliable traditional energy systems. This provides an economical power system that is comfortable, environmentally sensible and operationally efficient. A proof of concept and commercial representation of this technology is operating on Sydney Harbour. The technology is used on the Sydney Solar Sailor, a 21m low wash 100 passenger eco -tourism cruising vessel. · Venture Capital Venture Capital Partners Pty Limited is the manager of a venture capital fund specializing in investing in small to medium sized export businesses with high growth potential. They provide consulting services to the private and government sectors. Venture Capital is part of the ING Group, one of the largest financial services groups in the world. · Tonkin Scorer Menzies Tonkin Scorer Menzies deal in all listed securities traded on the Australian Stock Exchange (ASX) and Newcastle Stock Exchange (NSX). Tonkin Scorer Menzies give advice on all listed securities; provide real time price quotations and share investment advice for Super Funds. Their office is fully computerized and we have a reputation for outstanding service and efficiency. The firm prides itself on its reputation for honesty, integrity and independent advice. · Turnbull Hill The firm covers business and commercial law, civil litigation, commercial litigation, contested wills, criminal law, employment law, family law, deceased estates, probate and administrative, personal injury and property and sports law. In each area of the law, Turnbull Hill Lawyers has a specialist lawyer who is supported by a consultant, 19 lawyers, three law clerks, four conveyancing managers, administration account and marketing managers. · The University of Newcastle Research Associates (TUNRA) TUNRA was incorporated in 1969 as a company limited by guarantee, which provides a broadly based research and specialist education service to industry, commerce and the community. Research, consulting and testing services provided by TUNRA to industry and commerce are playing a significant role in the development of local and interstate companies, as well as a worldwide reputation in Engineering, Medicine and Scientific research. TUNRA acts as the link for the academic and professional staff of the University, who offer their services in a variety of specialist fields. · Westend Digital Productions Westend Digital Productions plans to establish a 3D digital animation studio in Sydney, to produce animated feature films and related derivative products, such as games, music, toys and mechandise, for distribution across a range of delivery channels. Westend Digital Productions believes it has created a unique opportunity to develop a market leadership position in this area. · Worldstocks World-Stocks.com is the website and trading engine of Worldstocks.com Securities Australia Pty Ltd a licensed Securities Dealer and Member of the Australian Stock Exchange Ltd. We are a world leader in automated order routing system and are opening our lightning fast trading engine to the investing public. Your trades are confirmed just as you placed them, via the web.