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Gold/Mining/Energy : Captech CCU on ASE

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To: MICHEL GUIBERT who wrote ()5/23/1997 8:23:00 PM
From: MICHEL GUIBERT   of 11
 
CAPTECH - An Important Breakthrough

MONTREAL, QUEBEC--After two years of Research and Development and
laboratory testing followed by more than two months of conclusive
on site testing at the Fundy Cable (New-Brunswick) distribution
networks site, CAPTECH is proud to announce its first firm
contracts.

On the national market Gaspe

Cablo G. Inc., and important regional Cable distributor located in
Gaspe placed a first order for a complete real time headline
status monitoring system for the amount of $30,000 and the
possibility of total sales of $250,000 as the network will grow.

On the International market Korea

The Consortium including CAPTECH and the Toronto based company
TRIPLE CROWN ELECTRONICS just received two crucial orders for this
market:

SUNGMI, an Important Korean telecommunication equipment supplier
with a turnover of more than 175 Million dollars and DAE SUNG, a
Korean cable distributor, ordered two prototype real time
monitoring system units from CAPTECH.

There high-tech CAPTECH systems have been chosen to be submitted
to KOREAN TELECOM and KEPCO (Korean Electrical and Power Company),
companies that are mandated by the Korean government to Implement
the electronic highway of the year 2000.

These pilot projects of $60,000 may generate sales of 7 to 10
Million dollars for the next three years if the CAPTECH's system
will be selected for 4 or 5 sectors out of the 25 that are needed
for the info highway network.

Furthermore, CAPTECH is negotiating with Videotron for the
possible use of bi-directional communication systems on coaxlal
cables for large scale applications such as:

- A project of remote monitoring of electricity, gas and water
meters especially with Hydro-Quebec and its C.M.F. project

- A unique, highly reliable monitoring alarm system for its
Protectron subsidiary

- An upgrading of technology of the newly acquired CF Cable
Company which uses Triple Crown amplifiers.

Potential sales are more than 22 Million dollars for CAPTECH over
the next three years if they are chosen for these projects.

CAPTECH Inc. also competes to obtain and order from Hydro-Quebec
who is to modernize its network, known as the ORIEL project,
together with the consortium GERPO including S.M. Consultants,
Alcatel Cables, and GEC Alsthom.

It is also worth mentioning that Hydro-Ontario is showing the same
interest in the remote energy monitoring system.

CAPTECH is also part of a Consortium including Credotech, Gad Line
of Israel and Cablo G that offer projects in partnership with
Hydro-Quebec in order to answer Hydro-Quebec's requirements and
particularly its new CEO who favours linkage and commercialization
of new technologies with private companies.

Another company in Toronto, Rogers, approached CAPTECH for the
development of an endline unit that evaluates the quality of the
signal on the co-axial and fibre optic network. This interesting
project is yet at an early stage but could eventually include 100
000 units worth more than 15 million dollars over 3 or 4 years.

All these accomplishments give a clear indication of the company's
vitality and the dynamism and creativity of its employees as well
as the accuracy of the chosen technologies supplied by CAPTECH to
its large customers.

THE FUTURE

Software developed by CAPTECH is extremely flexible, advanced and
user friendly (Windows) and by investing large amounts into
Research and Development CAPTECH prepares the future to be able to
offer even more universally compatible programs with the Internet,
Ethernet and Cellular technologies etc. This is due to upgrades
and to S.N.M.P. communication protocols.

CAPTECH's ambition, based on large investments, is to offer to
small cable distributors the possibility obtaining remote support
and to benefit from a diagnosis and maintenance centre located in
its laboratories at a reasonable price.

Together with an operator, the diagnosis and maintenance centre
could also offer logistic support for operational management,
enabling small cable distributors to become more competitive and
profitable.

CAPTECH also created an original concept and intends, after having
obtained all the necessary patents, intellectual property rights
etc, to offer a unique anti-piracy and tariff a la carte control
system for the regular multi TV programming for cable
distributors.

This system will meet the cable distributors requirements to
compete with the telephone companies and teledistribution via
satellite.

Once more, CAPTECH represents the best Canadian alternative for
high-tech equipment suppliers for cable distributors in Canada and
the rest of the world.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

CAPTECH Communication Inc.
Hubert Dorris
President
(514) 979-3313
(514) 979-4124 (FAX)
or
CAPTECH Communication Inc.
Rene Lopez
Marketing and Strategic Business Development
(514) 979-3313
(514) 979-4124 (FAX)

NO REGULATORY AUTHORITY EITHER APPROVED OR DISAPPROVED THE CONTENT
OF THE PRESENT PRESS RELEASE

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