Nationwide Safe-T-Propane, Inc. Announces Acquisition of Additional Patent Rights, Increases Authorized Shares

    GERMANTOWN, Ohio--July 21, 2003--George W. Kuhn, President of Nationwide Safe-T-Propane, Inc. (Pink Sheets:NSFE), announced today the acquisition of the worldwide rights to certain current and future patents under licenses controlled by the majority shareholders George Kuhn and Ronald Fenton. The majority shareholders have also increased their position in the company from approximately 81% to 89% of the company's shares. To facilitate this, and future transactions, the company will increase its authorized shares from 100 Million to 300 Million shares. All shares issued for the patent rights will be restricted.
    The subject patents pertain to designs for a type of aluminum mesh safety packing for propane and other fuels where there is a high risk of accidental explosion from impact or other. The safety material has particular application in the propane fuel industry where accidental explosions from impact can be catastrophic, and such tanks are employed in a variety of applications.
    The patented design may well have broader application in the manufacture of automobile fuel tanks or the retrofitting of automobile tanks, as well as in other types of storage tanks containing liquid fuels, since the material is proven highly effective in explosion inhibition, diminishes fuel volume slightly, and adds minimal weight to the total weight of the fuel storage system it protects.
    Recent patents included in the transaction also cover a no-flake design. The company believes the no-flake design will give it an added advantage over competing products, which may have a tendency to foul critical fuel intake systems and filters.
    The company expects that products incorporating the patented designs will contribute to the company's future revenues.

    The Private Securities Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this Press Release (as well as information included in oral statements or other written statements made or to be made) contains statements that are forward-looking, such as those relating to consummation of transactions, anticipated future revenues and/or success of current product offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and accordingly, such results my differ materially from those expressed in any forward-looking statements.