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Borealis Retains IP Firm Dated 16 December 1998

Borealis Technical Limited
Gibraltar
16th December 1998

BOREALIS RETAINS IP FIRM

Borealis Exploration Limited (CDN BSXC: BB: BOREF) has retained for itself and on behalf of subsidiary companies Borealis Technical Limited and Borealis Cool Manufacturing Limited and Borealis Power Manufacturing Limited a firm of international intellectual property Solicitors.

Borealis Exploration Limited has 4,984,000 shares outstanding.

For further information contact:

Chris Bourne,
Director,
Public Relations

Tel: +44 181 571 5216
Fax: +44 181 455 8701
email: pr@borealis.com
http://www.borealis.com

Disclaimer: The disclaimer can be found at http://www.borealis.com/ForwardLookingStatement.htm


Last Updated on Thursday, February 22, 2001.


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Forward-Looking Statement may be found at http://www.borealis.gi/fwdlook.shtml