Blue Planet Research & Technology Inc Prepares OSCAR System for Sea Trials and Certification in 2005.

TOLEDO, Ohio -- Blue Planet Research & Technology Inc (Pink Sheets:BPLT) today announced its plans for sea trials and the certification of its Oil Separating Coalescing Air Refining System (OSCAR) to begin in early 2005.

The OSCAR System is best described as a compact shipboard liquid filtration system coupled with a high bandwidth telemetry system. Since the system can be monitored from any location on shore from any position at sea, it can facilitate enforcement of environmental regulations by providing water quality and quantity of effluent along with the vessel's position to a monitoring facility onshore. OSCAR is the subject of US Patent #6,444,119 B1 (Bilge Water Processing System with Remote Monitoring and Control).

"Currently, pumping polluted water overboard, which is illegal and extremely detrimental to the environment, is unfortunately more economical than the alternatives of cleaning the water prior to pumping overboard or holding the polluted water until in port to be processed in an environmentally safe manner. In an attempt to offer an economical yet environmentally responsible alternative, we have developed a novel oil separating, coalescing, air refining system that actually monitors and reports itself to regulatory and enforcement agencies," said Gil Mains Jr, CEO and developer of the OSCAR System. "The system was first presented at the 22nd United States Japan Cooperative Program in Natural Resources (US/UJNR) Marine Facility Panel and we believe that the system will not only significantly reduce an operator's environmental liability, it may also drive regulatory standards in the future. The Company plans to conduct rigorous testing of the system's capabilities at sea in early 2005, which will include independent certification of results by a well-known oceanographic institution."

Information regarding the OSCAR system is available on the company's website (www.blueplanetrt.com) or by contacting the company directly.

"SAFE HARBOR" STATEMENT UNDER PRIVATE SECURITIES LITIGATION REFORM ACT 1995

Statements made that are not historical or current facts are "forward-looking statements" made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements often can be identified by the use of terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "approximate" or "continue" of the negative thereof. The Company intends that such forward-looking statements be subject to the safe harbor for such statements. Investors are cautioned that all forward looking statements involve risks and uncertainty, including, without limitation, the ability of the Company to continue its expansion strategy, changes in the industry, labor and employee benefits, as well as general market conditions, competition, and pricing. Although the Company believes that the assumptions underlying the forward looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward looking statements included herein will prove to be accurate. In view of the significant uncertainties inherent in the forward looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statement or to reflect the occurrence of anticipated or unanticipated events.