Claremont Announces Acquisition of Safe Cell Tab and Growth of Its Core Business Initiatives.

Business Editors/High-Tech Writers

VANCOUVER, Canada--(BUSINESS WIRE)--Dec. 12, 2003

Claremont Technologies Corp. (OTCBB:CTTG) (the "Company") announced that in August 2003, the Company completed the acquisition of Safe Cell Tab Inc., which became a wholly owned subsidiary of the Company.

With this change in control comes some strategic and exciting new shifts in the Company's current business model which specifically include the following three (3) new primary business initiatives, further described on the Company's corporate Web site www.claremont-technologies.com:

        i.  Sales, Marketing and Distribution of the Safe Cell Tab
            product which was designed to significantly reduce the
            biological effects of long-term exposure to
            Electromagnetic Frequencies (EMFs) from EMF-emitting
            devices such as mobile phones, laptops, pda's, etc.

        ii. Sales Marketing and Distribution of a uniquely
            differentiated cellular phone called MOBIUS(R). The
            MOBIUS(R) phone runs on 3xAA batteries, uses a pre-paid
            calling card and allows for collect calls to be placed
            even without use of the calling card!

        iii. Development, Sales, Marketing and Distribution of a new
            "mobile" Wireless-Fidelity ("Wi-Fi") Distributed Wide Area
            Network ("DWAN") system which amongst other things
            utilizes the proven hardware and software capabilities of
            a Wi-Fi system called BriLAN(R).

About Claremont: The Company's original business focus was focused solely on the wireless networking and communications industry. However, with the recent corporate acquisition of the Safe Cell Tab company, Claremont has now acquired a series of exciting new product offerings and related business initiatives which not only provide market entry into several new commercial markets but also bring new sales and sales revenues to the Company. Claremont also recently acquired sales and distribution rights to a unique battery operated mobile phone called MOBIUS(R) as well as a Master Distributor License to a wireless networking technology which enables true mobile network "roaming" across the multiple interconnected hot zones of a DWAN. Currently, Claremont is marketing and promoting the MOBIUS(R) phone through its e-commerce Web site and a select group of US retail channel markets. Claremont's Sr. Management Team believes that the combination of its new Wi-Fi, MOBIUS(R) and Safe Cell Tab product offerings not only provide the Company with a broader, more diverse sales and marketing platform but also a greater likelihood for success, growth and profitability. Contemporaneous with these efforts, the Company continues to seek out, evaluate and to integrate additional new products and services which are wholly complementary and synergistic with its current offerings.

Legal Notice Regarding Forward-Looking Statements

This press release contains "forward-looking statements," including forward-looking statements as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that the actual outcomes may differ materially from those contained in the forward-looking statements contained in this press release. Factors that could cause actual results to differ materially include, but are not limited to, risks and uncertainties such as unforeseen liabilities, market volatility or other unforeseen facts and circumstances which may make the parties unable to satisfy the conditions which would allow the Company to successfully implement its business model. Although Claremont believes that the plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Readers should refer to the risk disclosures outlined in Claremont's annual report of Form 10-KSB for the 2002 fiscal year and the Company's other periodic reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date hereof and the Company does not assume any obligation to update them or the reasons why actual results could differ materially from those projected.