Sealant Solutions, Inc. Announces the Appointment of Cary Parrish as President and CFO

    MIDDLEBORO, Mass.--Aug. 30, 2001--The company is pleased to announce that it has appointed Mr. Cary Parish CPA,MBA,BBA as president and chief financial officer of Sealant Solutions, Inc. (OTCBB:SSLU).
    Mr. Michael Fasci shall continue to serve as Chairman and CEO.
    When asked about this recent move Mr. Fasci stated: "The addition of Mr. Parish to the company's management team was the next logical step in solidifying the day to day operations of our growing company. Cary's joining the Sealant Solution team significantly enhances not only our ability to market and develop the work we have, but his background and talents will also allow us to take advantage of other opportunities as well."
    CARY PARRISH, CPA, MBA, BBA has served as Chief Executive Officer and President, Chief Financial Officer and Vice President, and Comptroller for various companies in the transportation and electronics industry. Mr. Parrish is a certified public accountant with a master's of business administration degree (MBA) accentuating business management systems. Mr. Parrish's career began as a comptroller with Arthur Anderson, one of the Big Six accounting firms in the United States. From 1981 to 1991, Mr. Parrish left Arthur Anderson to begin his entrepreneurial career in the truck stop and petroleum industry. As Chief Financial Officer and Vice President, Mr. Parrish expanded the business from one location to four locations obtaining major contracts with Citgo and British Petroleum. In 1991, Mr. Parrish became Chief Executive Officer and President of Smalley Transportation, Inc. ("Smalley"). By 1998, Mr. Parrish augmented Smalley from $1M to over $40M in just eight years.
    In 1998, Mr. Parrish was appointed by the United States Federal Bankruptcy Court as trustee to manage a Toyota Dealership with 5 stores valued at $140M. Upon liquidation, Mr. Parrish was appointed to oversee GES Distributors and Digital Products Corporation ("DPC"). Mr. Parrish was the Chief Operating Officer and Comptroller for DPC and one of the primary reasons for DPC's financial success from bankruptcy to profitability. Mr. Parrish is currently a board member of the AICPA.
    Throughout his career, Mr. Parrish has been involved with both private and publicly traded corporations in assisting to raise funds through private placements, interacting with investment firms, and is capable of presenting and demonstrating various products and services to the investment community.

    Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.