Altrex Inc. announces 10:1 Forward Split.

Business Editors

SPOKANE, Wash.--(BUSINESS WIRE)--Aug. 14, 2000

Altrex, Incorporated (OTCBB:ALXI) announced, effective today, that the common shares of Altrex with be split on a 10:1 forward basis whereby 1 old share of Altrex will now be equivalent to 10 new shares.

Altrex will be issuing the additional share certificates to all shareholders of record at the close of business August 14, 2000 to evidence the new shares. The forward split was approved by the Altrex Board of Directors on August 7th, 2000.

Special Note Regarding Forward-Looking Information

This press release (as well as information included in oral statements or other written statements made or to be made by Altrex, Inc.) contains statements that constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements that express or involve discussions with respect to predictions, business strategy, budgets, development opportunities or projects, the expected timing of transactions or other expectations, beliefs, plans, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of known and unknown risks and uncertainties which could cause actual results or events to differ materially from those anticipated by the Company.