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SMI Products, Inc., Announces Appointment of Merrill W. Moses to the Board

    SUGARLAND, Texas--Feb. 18, 2003--SMI Products, Inc. (OTCBB:SMIP) is pleased to announce that it has appointed Mr. Merrill W. Moses as a Director of the Company and has prepared the definitive agreements to finalize its planned merger with Nu Age Electric, Inc., a private Nevada corporation engaged in the marketing and sales of electric vehicles and products in North America.
    Nu Age has the exclusive rights for all NuPow'r Station dealerships in North America. The dealerships are licensed to perform sales and servicing of the electric vehicles and products.
    Mr. James Charuk, President of the Company stated, "We are very pleased to have Mr. Merrill join the Board and feel his experience will prove valuable. We are also encouraged with the progress of our proposed merger and the prospect of our Company getting into the electric vehicle market."

    Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are indicated by words such as "expect", "should", anticipate" and similar words indicating uncertainty in facts or figures. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of various factors, including the general economy, consumer demand and spending patterns, sales levels, distribution and competition trends and other market factors.