Aquatic Cellulose Targets the Oil and Gas Industry.

Business Editors

VERNON, British Columbia--(BUSINESS WIRE)--Oct. 1, 2003

Aquatic Cellulose announced today the signing of a Memorandum of Understanding outlining details for the acquisition of Century Resources Inc, of Houston, Texas. The acquisition of Century will create an immediate cash flow for Aquatic Cellulose and is the first stage of an aggressive fund raising campaign that will involve further acquisitions in the oil and gas industry. Aquatic Cellulose intends to undergo a name change to more accurately reflect the progressive steps the company has taken to secure the Legacy technology as well as this exciting Oil & Gas opportunity. The name Legacy will become prominent when the corporations name is approved. During the transition phase the corporation intends to relocate head office operations to Houston, Texas, the energy capital of the US, a location central to the company operations, producing properties, and future interests.

A new Board of Directors is being formed with the necessary experience and proven successes, including the current president of Century Resources, Edward R. DeStefano who will become Chief Operations Officer and continue to direct the corporations' Oil & Gas activities.

Sheridan Westgarde, CEO of Aquatic Cellulose stated "We are excited about this acquisition, we feel it is extremely important to secure a solid, reliable revenue stream and with that in place we can grow the company into the world class corporation it deserves to be. We have had our eye on the oil and gas industry for sometime and have been making substantial progress in the offshore oil and gas industry with Legacy's marine robotics technology. Acquiring Century Resources will give us a fast-track into this industry, as well as solid cash flow and substantial grow potential. Our plans now, are to commence an aggressive marketing and fundraising campaign through the remainder of this year with additional acquisitions taking place in the New Year.

Ed DeStefano, the future Chief Operations Officer stated, "Century Resources has grown into an independent company, through strategic acquisitions and assembling successful exploration projects, with current daily production in excess of 100 BOPD and over 250 square mile of 3D seismic data with future prospect rights. We are now poised to emerge as a leading independent producing company via this merger with Aquatic, and most importantly, we will now have the ability to internally fund and exploit our unique project portfolio ensuring sustained growth. Our strength has always been the ability to identify and target quality assets and overlooked opportunities, and then to discretely acquire and develop these properties. Century utilizes the latest advanced technologies in 3D seismic reprocessing and interpretation and we have targeted substantial opportunities for the New Year. Our asset growth will be fueled by adding to our portfolio of proven producing oil and gas reserves through quality acquisitions. As Chief Operations Officer, I look forward to working with a strong directorship and technical advisors, all being keenly dedicated to the rapid growth of our company.

Gary Ackles stated, "We have been working hard at putting this together. The TIGER

LYNK(TM) technology will now have the full exposure to the oil and gas industry. Oil and gas has always been one of my passions. I have worked from the Beaufort Sea to the Mojave Desert in the petroleum and mining industry and I am excited to get back into the game, whether it is land or water based I look forward to assisting in directing this wonderful team of skilled individuals."

Westgarde further stated "Flexibility and commitment to the corporation on the part of major stake holders has allowed this MOU to emerge. This acquisition agreement successfully combines the common interests of all three major parties, namely Aquatic, Legacy and Century and furthermore is a milestone in our collective efforts to push the corporation and the technology forward.

This press release contains statements that constitute forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that may cause or contribute to such differences include, among other things, changes in business conditions and the economy in general, changes in governmental regulations, unforeseen litigation and other risk factors identified. The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this press release.

Aquatic further reminds all of the changed office location and contact information. The new office location is Suite 5, 2504 43 St. Vernon, B.C. Canada. V1T 6L1. The new telephone number is [phone] and fax [phone].

The NASD OTC has neither approved nor disapproved of the information contained herein.