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To: SwampDogg who wrote (2181)	11/22/1999 10:16:00 AM
From: keith massey	Respond to of 5053

NOVEMBER 22, 1999 Jordex Signs Letter of Intent to Acquire Enviromation TORONTO, ONTARIO--Jordex Resources Inc. (Jordex) announced today that it has entered into a letter of intent to acquire 100% of Enviromation, Inc. ("Enviromation"). Enviromation is a private company based in Syracuse, New York which is in the business of designing, manufacturing, installing and servicing control systems for water treatment facilities for commercial, industrial, state and municipal customers. Enviromation generates conventional and computer aided engineering drawings and manuals for customers in accordance with specified design criteria. Enviromation was founded in 1992 in order to meet the increasing demand for monitoring and processing control information for water systems in municipal and industrial sectors in throughout the country. Based on the unaudited results for the nine month period ended September 30, 1999, Enviromation reported revenue and net income before taxes of US$2.2 million and US$280,000, respectively. Revenue for the year ended December 31, 1999 is projected to be approximately US$3.3 million. Enviromation is in a growth industry that is highly fragmented. Jordex believes that the acquisition of Enviromation will serve as a base from which additional growth can be achieved, both in the United States as well as the Canadian markets. Jordex intends to expand Enviromation's markets by expanding it distribution channels, including utilizing the power of marketing over the Internet. In addition, Jordex intends to develop on-going revenue streams by selling off-site monitoring services and providing connections and communications over the Internet. Brian Hinchcliffe, Chairman, stated, "We are pleased that we were able to reach an agreement to acquire Enviromation. It offers us the opportunity to grow the business through its existing channels of trade and to utilize our knowledge of Internet marketing to expand its marketing initiatives." The acquisition of Enviromation is subject to Jordex being satisfied with its due diligence review and receipt of all requisite approvals, including the approval of the Toronto Stock Exchange. ON BEHALF OF THE BOARD OF DIRECTORS Brian A. Hinchcliffe, Chairman & CEO FOR FURTHER INFORMATION PLEASE CONTACT: Jordex Resources Inc. Jim Graham Vice President Investor Relations 1-800-675-1749 or (516) 922-6404 Website: www.jordex.com Email: jimgraham@jordex.com Copyright 1999, Reuters News Service Companies or Securities discussed in this article: Symbol Name TSE:JDX Jordex Resources Inc. Market data is provided by Quote.com, Inc. By using this service, you agree to the terms of the User Agreement. Investor Resources Briefing.com Quotes/News/Charts Stock Watch Stock Order Option Order Mutual Fund Order Current Orders Account Balances Account History Account Maintenance Portfolio Manager

To: SwampDogg who wrote (2181)	11/22/1999 10:16:00 AM
From: keith massey	Read Replies (1) \| Respond to of 5053

NOVEMBER 22, 1999 Jordex Signs Letter of Intent to Acquire Enviromation TORONTO, ONTARIO--Jordex Resources Inc. (Jordex) announced today that it has entered into a letter of intent to acquire 100% of Enviromation, Inc. ("Enviromation"). Enviromation is a private company based in Syracuse, New York which is in the business of designing, manufacturing, installing and servicing control systems for water treatment facilities for commercial, industrial, state and municipal customers. Enviromation generates conventional and computer aided engineering drawings and manuals for customers in accordance with specified design criteria. Enviromation was founded in 1992 in order to meet the increasing demand for monitoring and processing control information for water systems in municipal and industrial sectors in throughout the country. Based on the unaudited results for the nine month period ended September 30, 1999, Enviromation reported revenue and net income before taxes of US$2.2 million and US$280,000, respectively. Revenue for the year ended December 31, 1999 is projected to be approximately US$3.3 million. Enviromation is in a growth industry that is highly fragmented. Jordex believes that the acquisition of Enviromation will serve as a base from which additional growth can be achieved, both in the United States as well as the Canadian markets. Jordex intends to expand Enviromation's markets by expanding it distribution channels, including utilizing the power of marketing over the Internet. In addition, Jordex intends to develop on-going revenue streams by selling off-site monitoring services and providing connections and communications over the Internet. Brian Hinchcliffe, Chairman, stated, "We are pleased that we were able to reach an agreement to acquire Enviromation. It offers us the opportunity to grow the business through its existing channels of trade and to utilize our knowledge of Internet marketing to expand its marketing initiatives." The acquisition of Enviromation is subject to Jordex being satisfied with its due diligence review and receipt of all requisite approvals, including the approval of the Toronto Stock Exchange. ON BEHALF OF THE BOARD OF DIRECTORS Brian A. Hinchcliffe, Chairman & CEO FOR FURTHER INFORMATION PLEASE CONTACT: Jordex Resources Inc. Jim Graham Vice President Investor Relations 1-800-675-1749 or (516) 922-6404 Website: www.jordex.com Email: jimgraham@jordex.com Copyright 1999, Reuters News Service Companies or Securities discussed in this article: Symbol Name TSE:JDX Jordex Resources Inc. Market data is provided by Quote.com, Inc. By using this service, you agree to the terms of the User Agreement. Investor Resources Briefing.com Quotes/News/Charts Stock Watch Stock Order Option Order Mutual Fund Order Current Orders Account Balances Account History Account Maintenance Portfolio Manager

To: SwampDogg who wrote (2181)	11/22/1999 10:16:00 AM
From: Scripts	Read Replies (1) \| Respond to of 5053

Here it is FOR: JORDEX RESOURCES INC. TSE SYMBOL: JDX NOVEMBER 22, 1999 Jordex Signs Letter of Intent to Acquire Enviromation TORONTO, ONTARIO--Jordex Resources Inc. (Jordex) announced today that it has entered into a letter of intent to acquire 100% of Enviromation, Inc. ("Enviromation"). Enviromation is a private company based in Syracuse, New York which is in the business of designing, manufacturing, installing and servicing control systems for water treatment facilities for commercial, industrial, state and municipal customers. Enviromation generates conventional and computer aided engineering drawings and manuals for customers in accordance with specified design criteria. Enviromation was founded in 1992 in order to meet the increasing demand for monitoring and processing control information for water systems in municipal and industrial sectors in throughout the country. Based on the unaudited results for the nine month period ended September 30, 1999, Enviromation reported revenue and net income before taxes of US$2.2 million and US$280,000, respectively. Revenue for the year ended December 31, 1999 is projected to be approximately US$3.3 million. Enviromation is in a growth industry that is highly fragmented. Jordex believes that the acquisition of Enviromation will serve as a base from which additional growth can be achieved, both in the United States as well as the Canadian markets. Jordex intends to expand Enviromation's markets by expanding it distribution channels, including utilizing the power of marketing over the Internet. In addition, Jordex intends to develop on-going revenue streams by selling off-site monitoring services and providing connections and communications over the Internet. Brian Hinchcliffe, Chairman, stated, "We are pleased that we were able to reach an agreement to acquire Enviromation. It offers us the opportunity to grow the business through its existing channels of trade and to utilize our knowledge of Internet marketing to expand its marketing initiatives." The acquisition of Enviromation is subject to Jordex being satisfied with its due diligence review and receipt of all requisite approvals, including the approval of the Toronto Stock Exchange. ON BEHALF OF THE BOARD OF DIRECTORS Brian A. Hinchcliffe, Chairman & CEO