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Microcap & Penny Stocks : UPGD 'Smart Card' potential $2.4 Billion World Wide -- Ignore unavailable to you. Want to Upgrade?

To: Jeff D who wrote (141)	1/25/2000 10:44:00 PM
From: Intrepid1	Respond to of 203

Jeff, here is an interesting news item relating to one of the directors of UPGD - Ron Erickson. (I bought some shares of this company this morning @$.75cdn just on the basis that Mr. Erickson had gone on the board. Ron Erickson appointed to Board of Fedora Fedora Industries Inc FED Shares issued 1,139,087 Jan 24 close $0.66 Mon 24 Jan 2000 News Release Mr. David Houston reports Fedora Industries has appointed Ron Erickson to the board of directors. Mr. Erickson is currently the chairman of the board of eCharge, a global leader in text generation convenient and secure on-line payments. eCharge is headquartered in Seattle with offices in Vancouver, London and Tokyo. Prior to joining eCharge, Mr. Erickson was the chairman, vice-chairman, president and chief executive officer of Egghead Software Inc. He was the co-founder, chairman and CEO of GlobalTel Inc., an international provider of telecommunications services. He was the co-founder of Microrim Inc., a relational database development and systems integration company and was also the chairman and chief financial officer of NBI Inc., a software development and systems integration company. Mr. Erickson. has also served as a director and investor in a number of other technology companies. Currently, Mr. Erickson sits on the board of directors of Upgrade International Corp. (OTCBB: UPGD), a hardware and software information technology company, Freei.net, a free Internet service provider, IBNet, a business-to-business Internet company and Newsgrade.com, an Internet financial information company. "I have two passions, cycling and and building businesses," stated Mr. Erickson, "Airbomb allows me to actively engage in, and enjoy, both of them. I like the challenge of being instrumental in a company's rapid growth." Mr. Erickson has worked extensively with the U.S. investment banking community and has been directly involved in the financing and listing of numerous companies on the Nasdaq exchange. He is a principal and partner in Meydenbauer Capital, his own venture capital fund. He is active in community affairs and charitable organizations, having sat on the board of the Seattle Kingdome and the advisory board of the University of California, at Davis Law School, He served in Washington, D.C., as a White House staff member as well as in New York with the Rockefeller Commission on Critical Choices. Mr. Erickson holds a JD (juris doctor) from the University of California, an MA from the University of Wyoming, and an BA from Central Washington University. Admitted to practice law in Washington state and the District of Columbia, he did so from 1975 until the late 1980s. David Houston stated that: "Mr. Erickson is a cycling enthusiast and understands our business opportunity. Mr. Erickson joining Airbomb's board is a tremendous endorsement of Airbomb and its business model. His knowledge and understanding of e-commerce will be invaluable in guiding us through the continued and rapid growth of Airbomb.com." (c) Copyright 2000 Canjex Publishing Ltd.

To: Jeff D who wrote (141)	2/1/2000 12:08:00 AM
From: Intrepid1	Respond to of 203

$4.4 million financing... Upgrade International Corp. Completes $4.4 Million Financing Business Wire - January 31, 2000 22:13 SEATTLE--(BUSINESS WIRE)--Jan. 31, 2000--Upgrade International Corp. (OTCBB:UPGD) is pleased to announce that is has completed a private placement of restricted Common Stock at $44 per share pursuant to Regulation S to Newton Investment Management Limited. The placement resulted in a total of 100,000 shares being issued to a single investor belonging to the Newton Investment Management group. This brings the current number of outstanding shares of Common Stock to a total of 19,053,620 (does not include impact of options). Gross proceeds were $4,400,000. Since July 1998, Newton Investment Management Limited is a 75%-owned subsidiary of Mellon Bank Corporation (NYSE:MEL). "Upgrade is pleased that an investor such as Newton Investment Management Limited has recognised the UltraCard technology. Moreover, we believe Newton will provide strategic insight in the further development and commercialization of Upgrade's affiliated Companies, UltraCard Inc., Efornet Inc., and Centurion Technologies Inc.," stated Daniel Bland, President of Upgrade International Corp. Upgrade has applied the proceeds to working capital. Upgrade International Corp., through it ownership interest in UltraCard Inc., is engaged in the development and commercialization of a patented, revolutionary data storage technology. UltraCard applies conventional hard drive storage technology onto the surface of the standard magnetic stripe card and the integrated circuit chip card (smart card). This will provide numerous potential industrial users with a combination of high level security and up to 5 million (5MB) of data storage at the lowest cost in the industry. By comparison existing magnetic stripe and smart card technologies have 256 bytes and 16k of storage capacity respectively. On Behalf of the Board of Directors, Daniel Bland, President This News Release may contain forward-looking statements relating to future results, performance, plans, events or other matters. Such statements involve numerous risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to development of the Company's products and services and markets for such products and services, the timing and level of customer orders, competitive products and services and pricing, changes in economic conditions and the markets for the Company's products and services and other risks and uncertainties. Actual results, performance and events may differ materially. Readers are cautioned not to place undo reliance on these forward-looking statements which speak only of the date of this News Releases. The Company undertakes no obligation to release revisions to these forward-looking statements to reflect events or circumstances after the date of this News Release. CONTACT: Upgrade International Corp. Daniel Bland, 206/903-3116 Fax, 206/903-3117