E-Power Announces New Corporate Offices

    HOUSTON--Aug. 24, 2001--E-Power International Inc. (Pink Sheets:EPWI), a diversified manufacturing, technology and service company, today announced that it has moved into its new corporate offices in Houston less than ten minutes from Houston's George Bush Intercontinental Airport. Locating at 15333 JFK Boulevard in Houston, Texas, provides a tremendous advantage and will better support our commitment to global sales, support and service. The Houston Intercontinental Business District offers close access to many benefits, including air connections to literally every part of the globe.
    "This move makes our efforts to connect with our business partners easier and allows us to expand when needed," said Mark McCollum, CEO. "I have extreme confidence in our new focus and look forward to the positive changes we are making to build value for our shareholders. This focus allows immediate advances in other areas of our overall approach to moving E-Power International into a leader's position in the GPS sector."
    The key officers at this time are Mark McCollum as chairman & CEO, Jim Rowton as CTO, and Rafael Garcia as CFO.

    ABOUT E-POWER INTERNATIONAL INC.

    E-Power International Inc., a diversified manufacturing, technology and service company, is an innovative world integrator of systems, an installer of safety systems, and a provider of worldwide mobile electronic security services with a reach that includes Asia, Australia, Europe, North America and South America. E-Power International has strong leadership positions in financial services by means of its ownership in professional employer organizations. The company's service offerings operate in more than 34 countries around the world. For more information on E-Power International please visit www.n2epower.com or call Mark McCollum at 281/219-3769.

    Statements contained in this release, which are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are "forward-looking" statements as contemplated by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected or implied in the forward-looking statements. There may be other factors not mentioned above that may cause actual results to differ materially from any forward-looking information.