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BioFiltration Systems CEO Al Keyser Responds to Recent Bloomberg Article.


Business Editors

SARASOTA, Fla.--(BUSINESS WIRE)--Aug. 23, 2000

BioFiltration Systems, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BIFS BIFS Binary Format for Scenes
BIFS Built-in Functions (Arithmetic)
BIFS Biotechnology Information for Food Safety
BIFS Backoff Inter-Frame Space
) announced today that it has absolutely no involvement with Orville Baldridge, 55, of Casselberry, FL. This matter was resolved in early 1999.

Mr. Al Keyser, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of BioFiltration Systems, commented, "Unfortunately BioFiltration Systems did not do a background check on Mr. Baldridge when he approached our company to offer his services over two years Ago. However, upon experiencing Mr. Baldridge's unsatisfactory performance over an eight month period of time, I chose to immediately terminate the relationship, at that time, for the protection of Shareholders' interest. His affiliation with BioFiltration Systems, and all of its wholly owned subsidiaries Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, is non-existent at this time and has been for over one year."

As CEO of BioFiltration Systems Mr. Keyser owns more than 275 million shares of BioFiltration stock. Because SEC regulations mandate that no more than 1% of the entire amount of outstanding shares can be divested in any one quarter. Mr. Keyser sold his 1% quarterly allotment of shares of BioFiltration this past quarter, to invest directly in the further development of the SWOMI SWOMI Seamless Wireless Omnidirectional Mobile Internet  technologies and plans further sales of his quarterly allotments in the future. I am dedicated in keeping our company debt free" Mr. Keyser stated!

In regards to a recent Bloomberg article authored by Christopher Byron, Mr. Keyser continued, "It is a blatant lie that my wife and I dumped 6.6 million shares for $1.2 million dollars, The selling of stock information is reported to the SEC and published on the web site www.freeedgar.com." In reference to allegations made that BioFiltration Systems does not file audited financials with the SEC, the SEC rules changed in 1999 requiring all OTCBB stocks to file regular financial reports with them. The new regulation was phased in from July 1, 1999, through June 22, 2000. Those companies starting at the beginning of the alphabet alphabet [Gr. alpha-beta, like Eng. ABC], system of writing, theoretically having a one-for-one relation between character (or letter) and phoneme (see phonetics). Few alphabets have achieved the ideal exactness. , including BioFiltration Systems, were delisted first because they did not have sufficient time to meet the new requirements. BIFS is just one of thousands of companies moved to the pinks due solely to this action. At this time, BIFS is a fully reported company audited by Semago & Co, an SEC-compliant auditing firm, and posted for public review on www.FreeEdgar.com. As the site can confirm, BIFS' 10Qsb is current and was filed prior to Mr. Bryon's article. "If Mr. Christopher Byron had done his research properly, he would have discovered that BioFiltration Systems Inc on April 1st purchased an ISP (1) See in-system programmable.

(2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines.
 company called Beachaccess.net Inc. and several other companies that developed SWOMI that we believe to be the state of the art Wireless Broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1  technology. We believe that the SWOMI Technology is the driving force behind our stock price and not stock promotion and manipulation as Mr. Byron claims in his article. It is unfortunate that some reporters such as Mr. Byron use their first amendment rights and the power of the Internet to discredit TO DISCREDIT, practice, evidence. To deprive one of credit or confidence.
     2. In general, a party may discredit a witness called by the opposite party, who testifies against him, by proving that his character is such as not to entitle him to credit or
 legitimate companies such as ours."

Jay Knabb, the developer of SWOMI, commented, "I completely stand behind Mr. Keyser and continue to be excited by his financial and enthusiastic support of SWOMI. We remain focused on rolling out the SWOMI technology with the same business model and aggressive plan originally intended. As of now, we are ahead of schedule and are extremely excited about debuting the SWOMI technology at the DuPont Tradeshow in Myrtle Beach, SC, this month. We are also excited about the recent strategic alliances made over the past few months, and we look forward to pursuing additional national alliances."

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: The statements contained herein which are not historical are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward looking statements, including, but not limited to, the Company's ability to market its products and services and future customer acceptance for these products and services and other risks detailed from time to time in company documents furnished to investors.
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Publication:Business Wire
Date:Aug 23, 2000
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