BCB HOLDINGS INC. ANNOUNCES CHANGE OF AUDITOR.

WOODBRIDGE, Ontario--(BUSINESS WIRE)--Dec. 16, 1994--BCB HOLDINGS INC. (Alberta Stock Exchange: BIV)--Mr. Zev Hershtal, executive vice president, BCB Holdings Inc. announced today that as a result of the reverse-takeover of Torque Industries Inc. by the BCB Technology Group Inc., earlier this year, the auditor of Torque Industries Inc., now called BCB Holdings Inc. has been changed from KPMG Peat Marwick Thorne, Chartered Accountants, to Doane Raymond, Chartered Accountants.

He advised, "Doane Raymond is the same auditor as that used by The BCB Technology Group Inc. and this change was effected solely for economy of time and cost."

The BCB Technology Group Inc. a wholly owned subsidiary of BCB Holdings Inc., develops, manufactures and distributes products and systems in the computer-telephony and voice processing markets, based on its proprietary technology. These products and systems are in use today by the legal and medical professions as well as general business and government, including The House of Commons in Ottawa.

BCB is based in Woodbridge, Ontario with representatives in Tucson, Arizona, Davenport, Iowa and London, England.

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The Alberta Stock Exchange neither approves nor disapproves of

this statement.

CONTACT: Mr. Zev Hershtal, Executive Vice President

              tel: [phone]
              fax: [phone]

REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or