To: Woz who wrote (6141 ) 10/3/2001 12:00:47 PM From: Woz Read Replies (1) | Respond to of 6180 Wednesday October 3, 11:31 am Eastern Time Press Release SOURCE: MSU Devices Inc. MSU Devices Announces New Canadian Distribution Agreements DALLAS--(BUSINESS WIRE)--Oct. 3, 2001--MSU Devices Inc. (OTC BB:MUCP - news) announced today the signing of two sales agency agreements for the Canadian market with Packet Communications Ltd. of Toronto, and InterSol Interactive Solutions of Halifax, Nova Scotia. Packet Communications and InterSol Interactive Solutions will represent MSU Devices to a list of exclusive customers with whom they have business relationships. Packet Communications, President and CEO, Mr. Ted Kerr said, ``Our clients in telecommunications, government and health care are looking for an Internet access device to access corporate and Internet information. The new MSU Devices V5 Internet access device is perfect for email and access to the Internet and the World Wide Web on enterprise Ethernet local area networks where the cost of a personal computer cannot be justified. The MSU Devices V5 Internet access device offers outstanding functionality for a price which is unrivaled in our industry to date.'' Mr. Joe Kanary, Managing Director, InterSol Interactive Solutions said, ``The new MSU Devices V5 Internet access device will greatly enhance InterSol's ability to assist our customers find cost-effective interactive solutions for accessing the Internet. We will sustain, enhance and expand our markets as well as the markets of our customers using this new and innovative Internet access device.'' ``Packet Communications and InterSol Interactive Solutions extend MSU Devices' reach to cover specific customer opportunities in Canada and to potentially penetrate new vertical markets,'' said Mr. Ray Dittrich, VP Sales of MSU Devices. Mr. Dittrich went on to say, ``Packet Communications has been a distributor of hardware solutions to the highly-valued telecommunications market for many years and InterSol Interactive Solutions has an extensive background in many of the markets MSU has identified to have high potential for its MSU Devices V5 Internet access device: education, training, banking, and gaming. We are pleased to start our new Canadian distribution strategy with Packet Communications and InterSol Interactive Solutions.'' About MSU Devices Inc. MSU Devices Inc. designs, manufactures, markets and sells affordable and intuitive Internet access devices that enable end-users to communicate simply and easily using e-mail and by browsing the World Wide Web via the Internet. The company expects to launch in the fourth calendar quarter of 2001, its new Internet access device, the MSU Devices V5. MSU Devices' subsidiary in Milton Keynes, UK was formed in 1991 and has designed Internet access devices distributed in six countries. The forthcoming MSU Devices V5 can output World Wide Web data and e-mail to a TV, computer monitor and flat panel LCD. With Java virtual machine support for displaying Java applets found on World Wide Web sites, MSU Devices V5 can also be programmed using Java programming tools. The MSU Devices V5 will be powered by National Semiconductor's Geode GX1 processor and the Windows CE operating system. The MSU Devices V5 is being designed to feature a full range of software and connectivity options and will come fully featured to be used as a set-top box, Internet access device and a thin client. All names referred to herein are trademarks and/or registered trademarks of their respective owners. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. These risks and uncertainties include, without limitation, our history of significant operating losses which together with an inability to raise capital could impact on our ability to continue as a going concern, our limited sales history, the acceptance of our product by consumers, dependence on third parties for the manufacture of our product, rapid technological change, the pressures of a competitive industry and other risks set forth in the Company's filings with the SEC. -------------------------------------------------------------------------------- Contact: MSU Devices Inc., Dallas Bruce Walter, 972/473-6916 dbwalter@msucorp.com