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Wave Power.Net Announces Completion of Reorganization Agreement with Emission Control Corp. and Syd Cooke

12 January 2001

Wave Power.Net Announces Completion of Reorganization Agreement with Emission Control Corp. and Syd Cooke

    POMPANO BEACH, Fla.--Jan. 12, 2001--Wave Power (OTCBB:WPDN) is pleased to announce the completion of the "Reorganization Agreement" with Emission Control Corp. and Syd Cooke, inventor and "creator" of the patented "Cracker" (Patents No. 5746188, No. 5515814, No. 5379728).
    The Cracker is a device that is added to an internal combustion engine to save fuel percentages and to add years of life to your car's engine. When installed to the internal combustion engine, the "Cracker" reduces the exhaust emissions to next to zero Carbon and next to zero "harmful" and "toxic" emissions.
    Wave Power (OTCBB:WPDN) is also pleased to announce the recent opening of our website, www.thecracker.net.

    Forward Looking Statements: Please be advised that our diesel Cracker is in research and development at the moment and WPDN will release Emission results after testing is completed. This press release may contain forward-looking statements that involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to conditions affecting the Emission laws, environmental laws, countries economy in general, company's ability to finance its planned marketing strategies and changes in regulation affecting the company's core business.