TIMELY DISCLOSURE CANADA

All publicly trading companies in Canada must disclose as part of the regulatory requirements for listing with TSX-Venture (TSX-V) and the Toronto Stock Exchange (TSX). There are some 300,000 destination points.

FAIR DISCLOSURE USA

The following is a partial list of dissemination sites: Major Dailies-targeted to journalists interested in your story; Major Financial Web Sites; US Exchanges; US Brokerages; Yahoo; AnalystWire-600,000 Terminals of buy and sell-side institutions, analysts, portfolio managers, institutional & individual investors, brokers; Key Financial Databases; ADP Market Max; Bloomberg Financial Markets; Bridge Information Systems; Bridge/Telerate; FactSet Data Systems; First Call Notes; NewsEdge Corp.; Reuters Business Briefing; Securities and Treasuries; UFS Ltd. and many more. We reach over 4,000 databases, online services and financial portals reaching a worldwide audience. Some of these are:America Online, CompuServe, Prodigy, Excite Network, Infoseek, Lycos, Motley Fool, MSN Money Central, Netscape Netcenter and PC Quote. There are more than a million destination points.

TIMELY DISCLOSURE EUROPE

Targets all regulatory and media companies in Europe, the UK, and Scandanavian countries.

GERMANIC DISCLOSURE

Three dynamic trading nations, namely, Germany, Austria and Switzerland have a penchant for North American companies. We take your English new release, translate into German and disseminate to all Germanic media outlets as well as to a private list of opt-in sophisticated investors. A great package if you wish to attract Germanic investors or if you are looking to inform those who are connected with the Frankfurt Stock Exchange.

News Release Impressions (NRI)

Extend the exposure your news releases are in the public eye by a week or more. Some 30,000 or more digital clickable ads are placed on websites in the vertical markets in which you work. Click here for PowerPoint presentation

EDGAR

Documents of Material Change for US publicly traded companies are filed with EDGAR. As of October 23, 2000 new Fair Disclosure rules were initiated. The Fair Disclosure Rule is the result of the SEC's effort to level the playing field for all investors by requiring all U.S. public companies to fully disclose material data and relevant information that may influence investment decisions to all investors at the same time, not just selectively to analysts and insiders before events occur. Our flat fee service enables you to disseminate a specific number of filings. This effectively removes the variable cost of regulatory filings.

SEDAR

The Canadian Securities Association requires filings of at least 8 documents per year. These documents include the Annual, Quarterlies, Notice of Meeting & Record Date, Management Discussion & Analysis, and Management Proxy Materials. These do not necessarily have to go through the Timely Disclosure route. However, all Timely Disclosure Announcements must show up on SEDAR. SEDAR fees vary between $45-75 apiece with $150 for an annual report. This means the average 8 SEDAR filings would cost you in the neighborhood of $600. EBS has a flat annual fee for an unlimited number of filings.