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To: SSP who wrote (21004)	1/20/2000 12:37:00 PM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

SFU.V IMO this is going to be slow and steady, but eventually huge. That financing yesterday will be used with De Frietas Plastics, and they have some fantastic products. This site being built now. anchorcorp.com

To: SSP who wrote (21004)	1/20/2000 12:41:00 PM
From: myturn	Respond to of 150070

NSKY, congrats to all of the longs. I had a ton of shares in that one at one time, but got impatient. USHO, HCCA, ABRG are going up!!!! I loaded the boat the other day on AREE. It looks like it is getting ready to move. Great news today. Sorry, if it has already been posted. I spoke to the company last week. They anticipate more PRs in the coming weeks. I wasn't expecting this PR til next week. Arete Industries, Inc.'s Outdoor Products Subsidiary, Arete Outdoors, Retains Greg Lowe as a Product Design Consultant BOULDER, Colo., Jan. 20 /PRNewswire/ -- Arete Industries, Inc. (OTC Bulletin Board: AREE - news) announced today that its outdoor products subsidiary, Arete Outdoors, hired Mr. Greg Lowe to assist the company with patenting, pre-production and manufacturing of its proprietary outdoor products and lifestyle tools. Tom Raabe, CEO of Arete, stated ``Greg Lowe and his brother Mike Lowe, President of Arete Outdoors, both as world-class alpinists and as co-founders of Lowe Alpine Systems, LowePro, Wildernest Campers and numerous other ventures, became icons in the outdoor industry and are known as pioneers in designing leading edge outdoor products which remain industry standards many years later.' Mr. Lowe will team up again with his brother Mike to evaluate and critique products, develop prototypes, source manufacturing and test and evaluate product performance. (Photo: newscom.com ) Mike Lowe, President of Arete Outdoors, stated that ``Greg will be very instrumental in accelerating revenue from the wide range of proprietary outdoor products that we plan on introducing over the next year. I've worked with Greg in developing hundreds of products over the years and am excited to have his extensive skills and expertise on the Arete Outdoors product development team. Greg's ability to quickly refine new product designs for manufacturing will greatly expedite introduction of new products into the market over our proposed e-commerce web site. Greg Lowe has been a consulting designer in recent years for numerous outdoor companies including Lowe Alpine Systems, Lafuma, Trango USA, Fastex and others. He is currently working as consulting lead designer for Lowepro, the market leader in camera bags and accessories and Chimera, the market leader in professional photography lighting equipment. Greg holds numerous patents in outdoor equipment and light filtering devices. He was Dupont's Designer Of The Year for plastics products. His creativity extends to photography and film production where he has been an Emmy Award recipient and Academy Award nominee for his film work on such classic films as Outside the Arena, Free Climb, First Ascent, Fall Line, Ama Dablam and others. Greg's name is synonymous with the highest level of climbing in the 1960's and 70's, when he pioneered numerous extreme first ascents on rock and ice. Greg is still active in the mountain environment, in particular with the production of mountain adventure films. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties not known or disclosed herein that could cause actual results to differ materially from those expressed herein. For information contact: Erik Popkoff, President of Undiscovered Equities Research, Inc., 718-998-8124, epopkoff@pipeline.com. To Contact the Company, please visit the website at www.areteindustries.com, or e-mail the Company at contact@areteindustries.com.