SOURCE: Amazing Technologies Corp.

April 14, 2005 13:12 ET

Amazing Technologies Corp. (AZTN) Announces the Addition of a Proven Finance Executive to Its Management Team

NEWPORT BEACH, CA -- (MARKET WIRE) -- April 14, 2005 -- Amazing Technologies Corp.(OTC: AZTN) is pleased to announce that the company has agreed to add Mr. Thomas G. Brown as Chief Financial Officer.

J. Bradley Hall, CEO of Amazing, commented, "This is quite a coup for Amazing and I'm extremely excited to be adding Tom to our team. He has enjoyed the direct experience of being involved in an $80mm roll up and successful exit, so he intimately understands our business model and opportunity."

Mr. Brown was CEO of a company formed to consolidate eight regional motor coach operators that had combined revenues of $80 million. As CEO, he coordinated due diligence, audit, valuations and ultimately an exit strategy. He also served as Managing Director of Ablum, Brown & Company (AB&C), a Chicago, Illinois-based investment banking firm was involved in over $700 million in LBO transactions. Last year, AB&C reviewed over 1,800 investment opportunities. Mr. Brown is a Chartered Financial Analyst (CFA) and has served on the board of directors and audit committees of a number of public companies.

Tom Brown commented: "Having been involved in operating and investing in companies, I have tremendous respect for what Brad and his team have accomplished in just a matter of months. I just knew I had to get involved. I'm excited to be given this opportunity to contribute my experience."

Hall concluded, "We are executing an ambitious plan to ramp to $100 million in revenue and $44 million in EBITDA over the next 24-36 months. I can't overstate the importance of having a proven veteran with experience in sourcing and structuring capital as well as the due diligence and valuation of investment opportunities. This is a good day for us and a great day for our stakeholders."

Amazing Technologies Corp. is start-up company that aims to be the leading supplier and integrator of Real-Time Solutions or Web-Based Services that can be dynamically identified, located, accessed, compiled and assembled in pre-specified configurations. The company has been launched to roll-up orphaned software and service providers that help transform organizations into real-time enterprises that are connected, integrated and always on.

Amazing is a trademark of Amazing Technologies Corp. and may be registered in certain jurisdictions. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes" or statements indicating certain actions "may," "could" or "might" occur.

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