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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: John Rowe who wrote (6295)4/16/2001 3:48:06 PM
From: CAYMAN   of 6467
 
Chairman Speaks Directly To Shareholders

Listed: OTC BB Trading Symbol: TTRIF

Monday April 16, 3:14 pm Eastern Time

PETALING JAYA, MALAYSIA, April 16 /PRNewswire/ - Thermo Tech(TM) Technologies Inc. (the ``Company'') is pleased to provide the following update of information to shareholders. This announcement is part of the Company's ongoing commitment to regular communication.

Today, Mr. Ismail Radi, Chairman and CEO, stated, ``I am aware that many shareholders believe and are concerned that, with the large number of shares outstanding, we are planning a rollback of shares. I wish to assure all shareholders that the Board and Management of Thermo Tech(TM) Technologies Inc. have no plan for such a rollback. I trust that this news release will assure shareholders and investors of my intention and commitment to Thermo Tech(TM) into a profitable company.

Thermo Tech(TM) Technologies Inc. is a leader in organic waste recycling. Thermo Tech(TM)'s patented thermophilic process is utilized in compact and environmentally friendly Thermo Master(TM) plants to convert biodegradable food waste into high protein animal feed and wastewater treatment sludges into fertilizer concentrate.

Certain statements contained herein are ``forward looking statements'' (as such term is defined in the Private Securities Litigation Reform Act of 1995) These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management. Because such ``forward looking statements'' are subject to risks and uncertainties, actual results may differ materially from those expressed or implied. Such ``forward looking statements'' include but are not limited to, competitive factors, general economic condition, customer relations, relationships with vendors, government supervision and regulation, product introductions and acceptance, technological changes in industry practices, and other factors discussed in filings made by the Company with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD OF DIRECTORS OF:
THERMO TECH(TM) TECHNOLOGIES INC.

"Ismail Mohammed Radi"
Per:
Ismail Mohammed Radi
Chairman

The terms Thermo Tech(TM) and Thermo Master(TM) are registered trademarks of Thermo Tech(TM) Technologies Inc. The term Thermo Master(TM) is licensed for use by Hamilton Bio Conversion Inc. and Richmond Bio Conversion Inc.
SOURCE: Thermo Tech(TM) Technologies Inc.

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