[0] ETPI Names New Company President.

Business/Entertainment Editors

HOUSTON--(BUSINESS WIRE)--March 9, 2001

Entertainment Technologies & Programs Inc. (OTCBB:ETPI) announced that George C. Woods has been named president of the company. Woods had joined ETPI in June of 2000 as the company's chief financial officer.

Previously, Woods was vice president of Finance for Fallright America, L.L.C, where he obtained capital for growth and provided monetization of existing shareholders equity. Prior to joining Fallright, Woods was a co-founder and principal of WJG Capital, L.L.C., a Houston-based company dedicated to identifying consolidation opportunities. WJG Capital funded Nationwide Staffing Inc., a consolidation company, and also assisted Nationwide with the simultaneous merger of eight Founding Companies and the filing of its initial public offering registration statement to be listed on the New York Stock Exchange. From 1987 to 1996, Woods held senior financial and accounting positions at Quality Tubing Inc., at which he was the chief financial officer and vice president of Finance and Administration. While employed at Quality Tubing, Woods served an integral role in planning, structuring and arranging equity financing. From 1982 to 1987, he was the corporate controller and treasurer of Paragon Industries (a subsidiary of the WEDGE Group Inc. which was a private company that developed consolidations in numerous industries). Woods is a graduate of the University of Texas with a BBA in finance and also holds an MBA from the University of Houston.

"I'm very excited about the opportunities that are presently before us. Considering the complex changes that the company has undergone in such a short period of time, we are pleased with the progress being demonstrated in our financials and are now ready to pursue strategic and accretive growth," said George Woods.

"George's vast experience involving financing and mergers and acquisitions will prove to be a real asset for the company and subsequently to our shareholders. The ETPI board of directors is thrilled that George has made this commitment to the company," stated Doug Butcher, ETPI's chief executive officer.

This release includes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risks and uncertainties that could cause actual results to differ materially from any future results encompassed with the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the company's Security and Exchange Commission filings.