To: Joe Copia who wrote (24327 ) 3/22/2002 9:41:18 AM From: Joe Copia Read Replies (1) | Respond to of 25711 MTLC Signs LOI To Pruchase 90% Of The Shares Of SUGR Ridgeland, MS, MAR 22, 2002 (EventX/Knobias.com via COMTEX) -- Surg II Inc (OTCBB : SUGR) and Metalclad Corporation (Nasdaq SC: MTLC) announced today in a press release that MTLC and SUGR have entered into a letter of intent which proposes that MTLC purchase approximately 120,150,000 shares of SUGR common stock for $3,000,000. According to the release, if completed, the purchase would give MTLC a 90% interest in SUGR. SUGR shares were inactive in the trading session yesterday. MTLC shares closed higher in the session yesterday, on less volume than its 20-day average daily share volume. Date/Time of Daily Brief: 03-22-2002 09:06 ET Company: SUGR - Surg II Inc Stock Price @ Publication: $ 0.040 Volume @ Publication: 0 KNOBIAS DISCLAIMER: Knobias has received no compensation from the Company or Companies mentioned in this story. Knobias is not a registered broker-dealer, nor investment advisor, and does not endorse or recommend any securities mentioned. This story is provided for informational purposes only and is not intended for trading purposes. Knobias shall not be liable for any actions taken in reliance of any information provided herein. Republication or redistribution of Knobias content is expressly prohibited without prior written consent of Knobias.com, LLC. ABOUT KNOBIAS: Knobias is the first and largest information repository of Outside Market intelligence and covers thousands of publicly traded small & microcap companies. Knobias consolidates, analyzes and markets fundamental research data while providing real-time market monitoring and surveillance. Using proprietary surveillance, Knobias sifts through thousands of stocks daily reporting on breaking news and unusual trading. Daily Briefs are published in real-time to inform investors on the story "behind the story". For more information, or to receive these stories in real-time, visit:knobias.com CONTACT: Knobias.com, LLC 601-978-3399 601-978-3675 info@knobias.com www.knobias.com