Aubryn International Inc. Announces Telecom Business; New Approach to Provide Future Growth

    UPLAND, Calif.--Jan. 23, 2001--Aubryn International Inc. (OCTBB:ARBN) Wednesday announced its plan to move the company's overall approach for 2001 and forward into the Telecom business.
    The initial focus will be toward the Zero plus end of the business, as capital requirements for this division are minimal initially and can develop large profits. The Franchise Auto Warranty Business, which the company developed for use within the Chinese market, will continue, but will become a minor part of the company's overall business model.
    The company's strong business contacts in various regions within the Telecom industry will provide a great opportunity for future growth.
    Aubryn's CEO, R. Bruce Harris, stated: "Changing our business approach to utilize our strong contacts in China and Mexico within the telecommunications industry, will strengthen the company's financials and ensure the development of that division. Aubryn's commitments for franchises within our Auto Warranty division will remain as an important part of our business.
    "The Auto Warranty division will be handled by our contract agents within China and our U.S. agent underwriters." He continued: "The company has made sure that operationally, the income flow will remain within the Aubryn umbrella, without requiring the need for a large employee base to monitor the activity.
    "The Zero plus business and the possible development of operating centers within Mexico and China will make for a profitable and strong growth potential for Aubryn. We believe that this strategic move will be extremely beneficial to the company and our shareholders."
    With the limited amount of capital needed initially and the ability to leverage their existing relationships, Aubryn is in a perfect position to penetrate the Telecom business. In addition, discussions have begun with the partners in China and Mexico, in reference to the activation process. That, along with minimal infrastructure changes, will enhance their ability to enter this market with a strong presence and knowledge in the industry that will provide confidence to both its shareholders and the market.

    This news release may contain forward-looking statements, which involve known and unknown risk, uncertainties or other factors that could cause actual results to materially differ from the results, performance, or expectations implied by these forward-looking statements. The issuer's expectations among other things are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, as well as other uncontrollable or unknown factors.