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Gold/Mining/Energy : Airbomb.com

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To: Garry who wrote (9)2/8/2000 3:30:00 PM
From: Garry  Read Replies (1) of 17
 
FYI - Latest news from V.FED

FEDORA INDUSTRIES INC.
(airbomb.com)

News Release Canadian Venture Exchange (CDNX) Symbol:
FED-V
February 8, 2000 Toll-free:
1-800-639-0544
Fax: 1-604-689-1722
Email: airbomb@senategroup.com
Website: www.airbomb.com
www.sunbomb.com

Airbomb.com to be the Featured Virtual Sporting Goods Store
On new Search Engine Fetchomatic.com

Fedora Industries Inc. (the "Company") (CDNX: FED-V)
announced today that Airbomb.com has signed a co-promotion
agreement with Fetchomatic.com that will result in Airbomb.com
becoming the sporting goods e-tailer in the
virtual town site being developed by Fetchomatic.com.

Visitors to the www.fetchomatic.com web-site experience a
unique graphic interface that allows them to move around a small
town containing a shopping district, town hall, café, factory and
university. Fetchomatic will now develop a sporting goods store
for Airbomb to include the company's mountain bike web-site
(www.airbomb.com) and sunglass website (www.sunbomb.com).

About Fetchomatic.com
www.fetchomatic.com is a new search engine and portal
designed to provide users with a unique graphic experience of a
virtual small town community with a setting reminiscent of the late
1950's. The site is the intellectual property of Forest Glade
International, Inc. (OTC/BB: FGII).

About Fedora Industries Inc.
Fedora Industries Inc. has acquired 100% of Sportslink Direct
Marketing Ltd. (also known as "Airbomb.com"). Fedora expects to
change its name to "Airbomb.com Marketing Ltd." after the
Company's shareholder meeting scheduled for February 16,
2000. Also at the meeting Fedora expects
shareholder approval to re-domicile the Company to Delaware.

About Airbomb.com.
Airbomb.com is an Internet retailer (www.airbomb.com) of
sporting goods, primarily bicycles and related parts and
accessories. The Company markets products acquired from a
variety of suppliers at discount prices. The Company also
distributes its own "airbomb" line of products, which are
products acquired at a significant discount from established
manufacturers and labeled with the company's "airbomb" private
label. The Company is also gaining market acceptance with
current co-branded products. The retail
market in the United States for bicycles and related parts and
accessories is approximately US $5.4 billion, and globally is US
$25 billion.

On behalf of the Board of Directors
David Houston
President

The Canadian Venture Exchange has not approved or
disapproved of this news release.
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