Fiber Optic Systems Technology, Inc.
TSX VENTURE : FOX

Fiber Optic Systems Technology, Inc.

September 01, 2005 12:17 ET

Fiber Optic Systems Technology Inc. Retains Leading Investor Relations Firm

TORONTO, ONTARIO--(CCNMatthews - Sept. 1, 2005) - Fiber Optic Systems Technology, Inc. (the "Company" or "FOX-TEK")(TSX VENTURE:FOX), a developer of patented fiber optic sensing products, today announced that it has retained The Equicom Group Inc. ("Equicom") to provide the Company with strategic investor relations and financial communications services.

Equicom provides strategic communications services to more than 70 Canadian public companies across a diverse range of industries. FOX-TEK will pay Equicom a monthly retainer fee of $6,000. The initial contract term is 12 months. The FOX-TEK team at Equicom is composed of Barry Hildred, Martti Kangas and Andreas Curkovic.

About Fiber Optic Systems Technology

Established in 2000, FOX-TEK has developed patented fiber optic sensing products that deliver a cost-effective solution for companies to continually monitor their critical infrastructure and detect and prevent high-consequence or catastrophic occurrences. The company's primary market is the global oil and gas industry, for the monitoring of pipelines and refineries. In addition to its monitoring systems, FOX-TEK delivers a full range of professional services to its customers, including engineering design services, training, supervision of on-site installation and turnkey fiber optic sensing systems. FOX-TEK is headquartered in Toronto, Ontario and is traded on the TSX Venture Exchange under the symbol "FOX".

About Equicom

The Equicom Group is Canada's leading Investor Relations consulting firm offering unparalleled expertise in developing and executing tailored, highly effective strategic communications programs to support our clients' success in achieving their capital markets objectives. Headquartered in Toronto, and supported by our Montreal satellite office, Equicom offers its clients a comprehensive suite of services including: investor relations, media relations, annual report production, multimedia and web design, web casting, live event management and corporate branding. The principals of Equicom are: Barry Hildred, President; Jason Hogan, Executive Vice President; Scott Kelly, Senior Vice President, Creative Services; and, Mike Polonsky, Senior Vice President. For further information, visitwww.equicomgroup.com.

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