Alpha Spacecom, Inc. Issues Message From the Chairman.

Business Editors/Technology Writers

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Feb. 26, 2002

Brian Brick, COO of Alpha Spacecom, Inc., issued the following statement on behalf of Hu XueDong, Chairman of the company:

"I am very pleased to announce the successful merger of Tridon Enterprises Incorporated (OTCBB:TEIM) and Alpha Spacecom Company Limited. As a means of showing the public the completion of the merger, the company name will be changed to Alpha Spacecom, Inc. effective March 2002.

"I would like to take this opportunity to give our shareholders a brief introduction of Alpha's background and business focus.

"Alpha Spacecom Company Limited (`ASC') was incorporated in Hong Kong in December of 1998. The company was founded with full anticipation of booming data communications and multimedia market in China and in the Asia Pacific Region.

"ASC is in the business of developing a Ka band communication satellite system that will provide wide bandwidth, high data throughput, low cost, and high efficiency broadcast and communications services to China and its neighboring Asia Pacific countries.

"At the present time, we are focused on the broadcasting/satellite business in China. Everybody knows that China is a large country with the largest television audience in the world with approximately 300 million viewers.

"Television viewing is also the primary home entertainment in China. The viewing habits, and viewing interests vary from region to region in China, as education level, demographics, nationalities, culture, dialects, languages, and tradition differ in different parts of the country.

"This has resulted in a segmented market that the traditional means of television broadcast does not adequately address. Our interactive and program-on-demand type system will address many of the needs of this segmented market. Our Alpha System platform provides high bandwidth, high data rate, low cost, and interactivity is highly desired.

"Recognizing this excellent opportunity, ASC has been working with the China State Administration of Radio, Film and Television (`SARFT') and the China Broadcasting Film Television Satellite Company Limited (`CBSat') for the past two years in an effort to develop a broadband Satellite-Pay-Per-View (`SPPV') system in order to satisfy the growing public need.

"CBSat is the only company authorized by SARFT to have the exclusive right to engage in the operations of the satellite transmission services for the broadcasting of films and television programs in China.

"Why the SPPV project is so promising: With China's entry into the World Trade Organization, it is projected that China's media market will gradually open up, which means more and more foreign media companies can enter into the China market. These media companies need a low cost and high capacity platform to bring their television programs to the Chinese viewers, and the SPPV system will be their only and most appropriate choice.

"ASC's business is not only limited to the SPPV system. Vice Minister Lu Xinkui of China's Ministry of Information Industry (MII), at the second IT Forum organized by China Computerworld, one of the largest IT media groups in the nation, asserted that, as broadband data becomes more important in the telecom market, driven by users' demand for more data at a faster speed, China's IT industry revenue is expected to double in the next four years to US$240 billion.

"According to the latest statistics released on December 3, 2001 by China Internet Network Information Center, China's internet bandwidth of international exit was up to 5724 MHz by the end of September, 2001, nearly twice a much as in the prior year.

"Management believes that our broadband satellite system will be able to satisfy this demand in a very cost-effective way compared to the terrestrial counterpart. The system will serve to provide extension and backup to the terrestrial means -- fixed and mobile -- as well as the `last mile' connectivity, thanks to its unique capability of reach and the inherent advantage of availability.

"Business cannot be successful without a good business partner.

"Pursuant to the terms of a Memorandum of Understanding, Lockheed Martin Commercial Space Systems is working with ASC to develop a system design and commercial proposal to meet ASC's requirements for the broadband satellite system. Under a turnkey contract, Lockheed will provide design, supply, installation and integration of the ground network and satellite(s), including launch vehicles for implementation of our system.

"In the meantime, management is focused on the formation of strategic partnerships with the key players in broadcasting/satellite/communication arenas in China, Hong Kong, and overseas. We believe we can deliver a very promising future to our shareholders."

Very truly, Hu XueDong, Chairman