Carbite Golf Inc. announces name change.

VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 8, 1996--The Company name has changed from Consolidated QData Systems Inc. (VSE Symbol CQT) to CARBITE GOLF INC., (new VSE Symbol CAB).

The Company's transfer agent, Pacific Corporate Trust Company, will be forwarding a letter of transmittal to each shareholder, thereby allowing each shareholder to exchange their share certificates. One share of Carbite Golf Inc. will be issued for one share of Consolidated QData Systems Inc. surrendered. The Company also reserves 100,000 employee options at $1.25 for a one year period.

At the Company's last Annual General meeting, shareholder approval was granted to the Company for a consolidation of its shares on a 1.5 to 1 basis and for a name change. The Company has decided to proceed with the name change without the consolidation.

The Company wishes to announce that its private placement of 800,000 Units at $1.00 per Unit as announced in its Press Release of November 22, 1995, has been completed. Each unit is comprised of one common share and one non-transferable share purchase warrant. The warrant exercise price is $1.00 and it expires on October 31, 1996. The Company has applied a portion of the funds towards the fourth acquisition of shares of Carbite, Inc. The balance of the funds were used for working capital and funding the West Coast Classic.

By an agreement letter dated December 27, 1995, the Acquisition Agreement between the Company and Carbite, Inc., of September 21, 1994, has been modified to permit the Company to stage the final payment of $500,000 US Funds into two payments of $275,000 US Funds on January 3, 1996, and $225,000 US Funds on March 15, 1996. The payment of $275,000 US Funds was advanced on December 29, 1995, granting the Company 43.7 percent and upon payment of the $225,000 US Funds on March 15, 1996, the Company will own 50 percent of Carbite Inc.

The Company is pleased to announce that it has sold its 52 percent interest in the Hyundai Automobile Dealership in Abbotsford, B.C. In an agreement dated December 28, 1995, the two Joint Venture parties, Sandy Key Automotive and Q-Four Enterprises Ltd., will purchase the Company's Joint Venture interest for $100,000 CDN Dollars. The payment will be $25,000 CDN as to cash on January 22, 1996, and the balance of $75,000 CDN Dollars is to be paid to the Company based on the Business' present rate of net profit of 52 percent for each year up to December 31, 2000. If any balance remains after December 31, 2000, the parties have agreed that the unpaid balance shall be waived.

ON BEHALF OF THE BOARD

RONALD L. REIMER,

President and Director

Note: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy of this release.

CONTACT: CORPORATION X INC.

604/682-1991

604/682-4439 (Fax)

1-800-270-3024