(Latin American Announcement)
INTERNAL RELEASE

Latin American Power/Utility Application

November 9, 2001

Fusion Labs today announced the contractual agreement and initiation of a major commercialization project for a large Latin American electric power utility. This major joint effort was announced by Freddy Perozo, Fusion Labs Vice President for Latin American operations, "this milestone represents the first of several similar efforts we expect to be performing throughout Latin America over the next few years. The commercialization of power utility services and products is a worldwide trend driven by competitive pressures and closely fits the Fusion Labs core competencies."

The Fusion Labs efforts will initially extend beyond the needed commercialization effort and will include the direct support of several power utility customers requiring immediate assistance. The Fusion Labs staff has considerable experience in Latin American business support and has developed financial software packages and support for several large area banks. Fusion Labs Latin American services have also included specialized communications and IT operations assistance for large manufacturing and oil and gas firms