To: Bidder who wrote (62270 ) 9/7/2000 2:10:10 PM From: SSP Read Replies (2) | Respond to of 150070 CCAA Announces ERA has Completed Feasibility Study for the First Undersea Resort in Maui Business Editors OKLAHOMA CITY--(BUSINESS WIRE)--Sept. 7, 2000--Joseph Cala, Chairman and CEO of Cala Corporation (OTCBB: CCAA) today announced that Economic Research Associates (ERA) has completed the feasibility study with analysis and development programming for themed attractions for the first Undersea Resort location in the world in Maui, Hawaii. ERA Senior Vice President Clive Jones will stay active in leading the proposed location, tourism, entertainment and subaqua attractions through the grand opening. The Cala Undersea Resort of Maui will become one of the world's landmark attractions, especially among children and pro-environment tourism. Mr. Cala projects the Undersea Resort will bring over two million visitors per year. About Cala Corporation Cala Corporation is a developer of international hospitality businesses with a corporate emphasis on the ownership, operation and management of hotels, resorts and casinos. Cala Corporation is currently developing the Undersea Resort and Hotel project with proposed locations throughout the world. The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements are based upon assumptions that are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. This press release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. --30--djm/dx* CONTACT: Cala Corporation Joseph Cala, 405/235-4960 info@calacorporation.com