COUNTDOWN...Update on progress

ZPE ( zpe@pdq.net )
Fri, 25 Sep 1998 19:40:37 -0500

Greetings all!

I just wanted to bring everyone up to date on our progress. We have been
negotiating the terms of a Non-Disclosure Agreement (NDA) with a very
reputable 3rd party validation source which we located through our Aug 19th
announcement. The terms have now been agreed upon and we are scheduled to
meet together in a few days to sign the NDA and turn over disclosure
material for their full evaluation. Within a week or so after that, they
will make their decision. They have assured us that, if a positive
decision is made, they have investors waiting to hear from them when a very
promising technology is found, who will then provide the necessary funds to
begin an official research/development project to verify our claims
empirically to be immediately followed by the construction of a working
prototype. Upon positive evaluation, we will be negotiating the terms of
an intial working relationship that will last for the duration of the
research phase lasting until a working prototype is constructed. This
will, of course, be followed by efforts to isolate the first marketable
design.

Once this initial working (business) relationship has been agreed upon
(within 4 weeks), our "countdown" will (unfortunately) be put on hold. If
for some reason the new partnership which we will have developed with this
3rd party and its investors "breaks down" and is dissolved (which we
seriously are NOT expecting), then our "countdown" will be accelerated to
"ZERO" and full public disclosure of our discoveries will be made. If our
new partnership proceeds as expected, we will be working together pushing
very hard to make our F/E technology available to the world ASAP. Our
estimates are that it could happen within a couple of years (in the year
2000). What a way to start the new millinium!

Best Wishes,

ZPE
http://freeweb.pdq.net/zpe