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    March 2001

    Netcoast Communications launches GPS-Based monitoring system

    Los Angeles, March 19, Netcoast Communications Inc. has announced that it has officially introduced a new series of products for use in corrosion surveys on natural gas pipelines. The new product line includes a GPS-based Current Interrupter and a Rectifier Control and Monitoring System.

    Rectifiers are cabinet-mounted electrical devices that are placed in various locations on natural gas pipelines. The devices send a constant electric current into an anode, reducing corrosion in the pipeline and extending the pipeline's life.

    Under federal regulations, the gas transmission company must perform a "close interval corrosion survey," a process in which each rectifier on the tested gas line is turned on and off with precise timing while soil and pipeline potential measurements are taken. Additionally, the output of each rectifier must be measured and recorded on a scheduled basis.

    Jack Parsons, vice president of product development, stated: "During a typical corrosion survey, a field inspector must visit each rectifier to install and turn on a current interrupter for the day's testing. At the end of the day, the field inspector must return and turn off the current interrupter and remove it. "With our GPS-based Current Interrupter and Rectifier Control and Monitoring System all of this labor-intensive work can be done remotely. The potential savings in labor costs are enormous."

    James DiPrima, president of Netcoast, said: "We are introducing these products after nine months of field testing by several major gas transmission and distribution companies. The products have proved in the testing phase to be reliable and cost effective. Given that we have the potential to sell at least one of our products for each rectifier, and that on average there is one rectifier for each mile of gas pipeline, the market potential for our products is substantial.

    About Netcoast
    The current focus of Netcoast is the development of a turnkey solution for natural gas distribution customers. Netcoast has completed other prototype systems for testing and data reporting from remote sites using various communication channels. Netcoast Communications is a Los Angeles-based publicly traded company providing communication-oriented technology products to business.


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