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SolPower Corporation Receives $2 Million Financing Commitment

8 January 1998

SolPower Corporation Receives $2 Million Financing Commitment, and is in Closing Stages of 3 License Sales Totaling $4.5 Million.

    SCOTTSDALE, Ariz., Jan. 8 -- Management is pleased to
announce that effective January 6, 1998 the Company's shares commenced trading
under its new name SOLPOWER CORPORATION and symbol SLPW (OTC Bulletin Board).
SOLPOWER CORPORATION (formerly Virtual Technologies, Inc.) is the exclusive
North American manufacturer and distributor of SOLTRON, an organic enzyme
based fuel enhancer that is leading the way to significantly improving clean
combustion of fossil fuels.
    The Company has received a commitment for all its present and future
financing requirements.  A private placement of $2 million has been negotiated
to fund the opening of the Company's manufacturing plant in Phoenix, AZ and
national product launch of SOLTRON.  The Company has divided its North
American manufacturing, distribution, marketing and sales rights to SOLTRON
into nine territories.  The sale of three licensed territories for $1.2, $1.5
and $1.8 million are in the closing stages.  Projected 1998 revenues from the
Company's corporate territory and the three licensed territories is estimated
at $24.6 million.

SOURCE  SolPower Corporation