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

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To: Lee Bush who started this subject5/16/2001 1:04:07 PM
From: dkgross   of 972
 
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First American Scientific Corp. - videomoviehouse.com launches
web <FASC.OB>

First American Scientific Corp. - videomoviehouse.com launches web site (FASC-OTC,BB) VANCOUVER, May 16 /PRNewswire/ - C.L. Kantonen, Chairman of FASC is pleased to announce that the beta test period is complete and that videomoviehouse.com web site has launched and is open for business to the public. "Initial response has all been incredible, with over 120,000 hits, 50 member sign-ups and sales of product all within the first few hours of operation," says Steve Gaspar, Project Manager. "We're looking forward to a profitable, self- sustaining operation providing leading edge technology and excellent service." VideoMovieHouse.com Inc is a wholly owned subsidiary of First American Scientific Corp.

Correction

We wish to advise our shareholders that our news release dated April 20, 2001 contained an error when it stated 90,000 tons of non-tire scrap rubber is expected to be processed. The figure should have read 90,000 lbs. per month from the Ontario market. The 90,000 tons should have referred to available supply in North America. We apologize for any confusion this may have caused.

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) FASC: (NASD Bulletin Board) Web Site: www.fasc.net SOURCE First American Scientific Corp. -0- 05/16/2001 /CONTACT: Call Corporate Communications toll free at 877-778-7101 or 800-561-8656/ -- VA054 -- 6890 05/16/2001 12:44 EDT prnewswire.com Copyright PR Newswire 2001. All rights reserved.





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