Edmonton, Canada - Equitech Corporation (the "Corporation"), a Capital Pool Company, announces that further to its press release of January 2, 2001, the Corporation is in the process of having the common shares of the Corporation posted for trading on the Canadian Venture Exchange. The Corporation intends to complete the listing of its common shares prior to the announcement of any Qualifying Transaction.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities of the corporation have not been and will not be registered under the U. S. Securities Act, 1933, as amended, and subject to certain exemptions may not be offered or sold in the United States or to U. S. persons. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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