COi Solutions, Inc. Signs Letter Of Intent To Acquire Assets Of Alternate Energy Corporation.

Business Editors & High Tech Writers

LAS VEGAS--(BUSINESS WIRE)--Nov. 20, 2002

COi Solutions, Inc. (OTC BB:COII) announced today that it has signed a Letter of Intent to acquire the assets and intellectual property of Alternate Energy Corporation (AEC). Incorporated in Nevada, AEC is a private company engaged in developing technologies for providing alternative energy sources.

This proposed acquisition is scheduled to be finalized by December 31, 2002. The agreement will be executed for a combination of cash and equity, which will enable COi to fulfill on a number of operational commitments. Completion of this transaction will bring a new Management Team and a new Board of Directors for the company.

"We believe this acquisition to be in the best interests of COi, its shareholders, and creditors" said Robert Jones, Chairman of the Board of Directors. "We believe that AEC brings proven innovative technologies, an enormous growth potential and the business plan to add great value to the company. COi will determine how best to address its e-healthcare strategy, going forward."

The transaction is subject to certain terms and conditions, including due diligence and approvals.

This release contains forward-looking statements. Forward-looking statements involve the known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from what is anticipated. Such statements include such words as expect and anticipate.