FuelNation Inc. Announces Investor and Analyst Conference Call to Discuss Operating and Business Results

   Details Cash and Growth Strategies at Investors Conference Call June 20

    BOCA RATON, Fla., June 7 FuelNation Inc. (OTC Bulletin Board: FLNT) is a Florida-based developer and
provider of real-time e-commerce communications and energy services.
FuelNation's operations are conducted through its subsidiaries, affiliates and
alliances, which principally are engaged in advanced technology and services
solutions for the petroleum marketing industry.  The Company will hold an
investor and analyst conference call Wednesday, June 20, 2001, at 10:00 a.m.
EDT from Boca Raton, Florida where it will discuss its strategy, as well as
provide earnings guidance for the full year of 2001.  Further details of this
conference call will be located at the companies web page
http://www.fuelnation.com/
    Chris R. Salmonson, Chairman and Chief Executive Officer of FuelNation
Inc., said, "With our post-acquisition restructuring program and beta
installations well underway, we are now moving to the next level by
implementing our Rack to Retail (R2R)(SM) solution across the map.  FuelNation
has successfully managed Installations and proven its products at the Bahrain
National Oil Company, BP-AMOCO, Chevron, Citgo, Clark, Conoco, Marathon and
several unbranded sites.  FuelNation is identifying and securing new
opportunities for growth around the world.  While the current economic
environment is challenging, I have confidence in our strategy and in our
abilities to implement our operating and financial strategy."
    The conference call will be available to investors and analysts in real-
time, listen-only format on the Internet at http://www.fuelnation.com/ .  This
webcast will be repeated from June 20, 2001, at 12:00 p.m. EDT until June 27,
2001, at 11:59 p.m.  In addition, presentation material discussed on the
conference call will be posted on the "Investors" section of the company
website at http://www.fuelnation.com/.
    Regarding the investors' conference call, Salmonson said, "We will be
affirming our strategy is sound and that we have indeed done what we said we
were going to do.  We plan to advance to the next stage by securing fuel
management contracts with major oil companies and marketers currently
utilizing our systems.  We are now well positioned to capitalize on growth
opportunities in new markets, from new products, and by expanding our business
with existing customers.  Further, we will be reporting on our accomplishments
in the past year."
    Chief Financial Officer and Chief Operating Officer James Wilson said,
"Our short-term challenges are to remain focused on taking cost out of the
business, driving cash flow from operations, and making selective investments
in key technologies for our future growth and profitability.
    "Longer term, we are committed to our vision to remain the leader in
petroleum food chain tracking solutions, and our roadmap to achieve that
vision is comprised of five key elements: to lower costs and improve return on
net assets; to deliver products and services of the highest quality and
craftsmanship; to be a service provider to our customers; to be a responsive
leader in the industry; and to achieve profitable growth by making our
customers successful."

    Further information about FuelNation Inc., its financial results and other
information can be found at http://www.fuelnation.com/

    Please access the web site for your own perusal, at
http://www.fuelnation.com/  Sign up with a guest account to use our technology
live in one of our stores and feel the difference; this is what separates us
from all of the others.

    The statements in this press release that are not historical facts
constitute "forward-looking statements" that involve risks, uncertainties and
other facts which may cause actual results to be materially different from
those set forth in the forward-looking statements.  Such factors include but
are not limited to, the following general economic and business conditions:
competition; the ability to implement and the effectiveness of business
strategy and development plans; quality of management; business abilities and
judgment of personnel; availability of qualified personnel; labor and employee
benefit costs; and availability and cost of raw materials and supplies.  In
addition, the Company faces additional risks inherent in its business,
including: market acceptance of its technology, including its R2R technology;
the reliability of the company's technology in sustained and multiple
application scenarios; the ability to scale its operations to support growth;
the ability to attract necessary funding for its operations; and market
conditions in the fuel industry.  The Company will not undertake and
specifically declines any obligation to publicly release the result of any
revisions that may be made to any forward-looking statements to reflect events
or circumstances after the date of such statements or to reflect the
occurrence of anticipated or unanticipated events.

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