ColorMax Technologies Inc. Names Edward R. McLaughlin, Jr. as Director of Investor and Public Relations.

TUSTIN, Calif.--(BUSINESS WIRE)--Nov. 24, 1999--

ColorMax Technologies Inc. (OTC BB:USEE), Wednesday announced that Edward R. McLaughlin, Jr. has joined the company as the Director of Investor and Public Relations.

McLaughlin brings with him 13 years of experience in investment banking and securities, real estate acquisition and financing, as well as international project funding. He has held several SEC/NASD Securities licenses, including Registered Options Principal and has been involved in a number of highly successful private placements and initial public offerings.

With his diverse background and international investment relationships, McLaughlin will be a key figure in linking the investment community and brokerage firms to the company as well as assisting in the marketing of the company and its products worldwide.

ColorMax(R) Technologies Inc. is a company that specializes in colorblind enhancement and corrective lenses produced with proprietary breakthrough optical technologies. Approximately 8.0% of males and 0.5% of females are colorblind which is equivalent to 12 million colorblind people in the United States and 250 million colorblind people around the world. The United States alone represents a $5 billion market.

This release contains forward-looking statements with respect to the results of operations and business of ColorMax(R) Technologies Inc. that involves risks and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports. The company intends that such statements about the company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "safe harbors" provision of the Private Securities Litigation Reform Act of 1995.