FASC (First American Scientific Corp) Message Board

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Gold/Mining/Energy : FASC (First American Scientific Corp)

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To: Lee Bush who started this subject	3/14/2001 4:09:15 PM
From: dkgross	Read Replies (1) of 972

glad I didn't dump this for the tax loss :>) First American and Honeywell to explore potential to form a strategic alliance offering turnkey energy conservation solutions (FASC-OTC, BB) VANCOUVER, March 14 /PRNewswire/ - C.L. Kantonen, Chairman of FASC is pleased to announce that, after preliminary discussions and successful meetings in Toronto, FASC and Honeywell have decided to commence a formal 9 step process to assess the potential of the two companies forming a strategic alliance to include the KDS Micronex(TM) in Honeywell's product offering. Honeywell is a leader in the field of energy conservation with a 30 year track record providing turnkey, self funded performance based energy conservation solutions to industry. According to Honeywell, the addition of the Micronex product to Honeywell's product offering would be "strategically important" and they "are confident that Honeywell can be a value added partner in developing new markets and applications for the Micronex(TM)". The process, leading to the development of a Memorandum of Understanding, is to begin immediately. Certain information and statements included in this release constitute forward looking statements within the meaning of Federal Private Securities Litigation Reform Act of 1995 ON BEHALF OF THE BOARD OF DIRECTORS C.L. Kantonen (Chairman and President) FASC: (NASD Bulletin Board) Web Site: www.fasc.net SOURCE First American Scientific Corp. -0- 03/14/2001 /CONTACT: Call Corporate Communications toll free at 877-778-7101 or 800-561-8656 To request a free copy of this organization's annual report, please go to www.newswire.ca and click on reports@cnw./ (FASC) CO: First American Scientific Corp. ST: British Columbia IN: ENV SU: OTC -30- * end of story *

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