To: ChrisJP who wrote (9053 ) 12/12/2000 5:16:12 PM From: Wayne Rumball Respond to of 11130 ESYG - that would be wonderful if WTPE did that. Hoping to sell the last of ESYG at 2.75 so I can add a 110 bagger to my 100 bagger story collection....PENN YAN, N.Y., Dec 12, 2000 (BUSINESS WIRE) -- Water Petroleum Environmental and Technologies Company (WTPE-OTCBB) announced today that its stockholders approved an amendment to its Certificate of Incorporation changing the name of the Company from Water Petroleum and Environmental Technologies Company to Skygivers, Inc. and increasing the number of authorized shares of Common Stock. The Company will now proceed with its previously announced stock split in which each outstanding share of stock prior to the split will be split into 48.214457 shares subsequent to the split. The amendment was approved by the affirmative vote of a majority of the outstanding shares. The Company is in the process of obtaining a new stock ticker symbol to reflect the name Skygivers and will announce the new symbol once it is obtained. Skygivers is a company dedicated to empowering non-profit organizations through technology. Skygivers enables non-profit organizations and businesses to share the financial and communication advantages of the Internet by becoming part of a true digital equity network. Skygivers provides satellite technology, national ISPs, Internet appliances and innovative web site software to give every non-profit organization and business its own exclusive piece of the Internet. FORWARD-LOOKING STATEMENTS Statements contained in this Press Release that are not purely historical are, and should be deemed, "forward-looking" statements within the meaning of the "safe-harbor" provisions of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding our expectations, hopes, beliefs, intentions or strategies regarding the future. Statements which use the words "expects", "will", "may", "anticipates", "believes", "intends" and "seeks" are, and should be deemed forward looking statements. These forward-looking statements are based on information available to us on the date hereof, and we assume no obligation to update any such forward looking statement. It is critical to note that our actual results may differ materially from those in such forward-looking statements. CONTACT: Skygivers, Inc., Penn Yan Carol Fitzgerald, 315/536-9967 cfitz@eznet.net