Cenpro Technologies Signs Letter of Intent With G.A. Paravicini.

CALGARY, Alberta--(BUSINESS WIRE)--April 9, 1997--Cenpro (Alberta Stock Exchange: CHZ) CENPRO TECHNOLOGIES INC. (the "Corporation") is pleased to announce the signing of a letter agreement between the Corporation and G.A. Paravicini regarding a proposed Major Transaction.

Under the terms of the letter agreement, the Corporation has agreed to acquire all the issued and outstanding shares of Station 1 Marketing Group Inc., carrying on business as Safety West, ("Safety West"). Under the terms of the letter agreement, the Corporation has agreed to purchase the Safety West shares, for a total aggregate consideration of $410,000. The Corporation shall satisfy the $410,000 acquisition price of the Safety West shares by a cash payment of $50,000 and through the issuance of an aggregate of 1,200,000 common shares of the Corporation at a deemed value of $0.30 per share to the shareholders of Safety West.

Safety West is a distributor of personal protection equipment ("PPE") and consumable safety products ("CSP"). PPE and CSP products range from safety goggles and gloves, to first aid and protective safety wear used in the handling of hazardous materials. These product are sourced from manufacturers, jobbers, importers and wholesalers and are then distributed to industrial and commercial end users. In addition to its line of safety products, Safety West has designed and tailored some of its safety wear to the specific needs of its customers, however, the products, are made by the specialty manufacturers for the company. Safety West distributes more than 2,500 different products which are sourced from approximately 60 jobbers/wholesalers, manufacturers and importers.

Safety West currently employs seven persons, including the owner and general manager. Operations are conducted from a 6000 square foot office and warehouse complex located in the South East industrial area of Edmonton. Approximately 1000 fast moving items are held in inventory in various quantities on a regular basis, the balance of the products are brought in as required or as the seasons or customer needs dictate. Inventory is tracked by computer and management maintains tight control over its inventory to keep costs down and avoid obsolete products. Safety West has steadily broadened its product line and increased its customer base. The result has been continued growth in sales averaging in excess of 23 percent per annum.

The acquisition of the Safety West shares is an arm's length transaction. Upon completion of the acquisition, it is anticipated that Mr. Paravicini will become a director and officer of the Corporation.

Completion of the transaction contemplated by the letter agreement is subject to regulatory and shareholder approval. The acquisition of the Safety West shares should qualify as a "Major Transaction" under Policy 4.11 of the Alberta Securities Commission. Shareholders of the Corporation will be presented with the proposed transaction for approval by the "majority of the minority", within the meaning of Policy 4.11.

The common shares of the Corporation will trade through the facilities of The Alberta Stock Exchange under the stock symbol CHZ.

CONTACT: Cenpro Technologies Inc.

Bruno Dobler, 403/ 414-6854