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Consulier Engineering, Inc. Warns of Casualty Loss

10 April 2000

Consulier Engineering, Inc. Warns of Casualty Loss; Options Granted to Purchase Entertainment Systems Technology, Inc. Shares

    WEST PALM BEACH, Fla.--April 10, 2000--Ralph Butler, Chief Financial Officer, expects Consulier to take a one time charge of $1,092,586. The Company suffered extensive hurricane damage when Hurricane Irene made landfall in Miami, resulting in the destruction of a large portion of its inventory and damage to its equipment and physical plant. The Company's insurance claim has been rejected by the insurance company and the dispute is currently in Federal court. The Company expects to prevail and recover the entire loss.
    In a separate matter, Mr. Warren B. Mosler, Chairman and CEO of Consulier Engineering, Inc. today has granted Consulier the option to purchase 800,000 shares of Entertainment Systems Technology, Inc. ("EST") at $5.00 per share. This currently represents 10% of the 8 million outstanding shares of EST.
    Entertainment Systems Technology, Inc. of Huntington Beach, California www.entsystech.com is the owner of the Fun Pad(TM), www.funpad.com and is privately held and not publicly traded.
    Consulier Engineering, Inc.'s Common Stock trades on the over-the-counter market, NASDAQ symbol CSLR.