Energy Visions Inc. Announces Intention To Raise Cdn$357,500.

Business Editors

OTTAWA--(BUSINESS WIRE)--Feb. 13, 2002

Energy Visions Inc. ("EVI") (EVI.S/CDNX and OTCBB: EGYV) announced today its intention to raise up to Cdn$357,500 in a non-brokered private placement. The offering will consist of up to 650,000 units at a price of Cdn$0.55 per unit. Each unit is comprised of one common share and one common share purchase warrant. Each common share purchase warrant entitles the holder thereof to purchase one common share at the price of Cdn$0.75 for a period of 12 months from the closing date. Closing is expected to occur prior to the end of February 2002.

The common shares and the purchase warrants will be sold on a private placement basis in the Province of Ontario pursuant to certain exemptions from the registration and prospectus requirements of Ontario securities legislation. The closing of the private placement will be subject to CDNX regulatory approval. The net proceeds of the private placement are intended for general corporate purposes while EVI considers a proposal for a major acquisition.

EVI has approved in principle a proposal by Rabih Holdings Ltd. to acquire a controlling interest in Pure Energy Inc., which owns 100% of the issued and outstanding shares in Pure Energy Battery Inc., located in Amherst, Nova Scotia. The proposal is subject to approval from the NSBI (Nova Scotia Business Inc.) board on a debt-restructuring package as well as various regulatory agencies. The ability of EVI to complete the proposed transaction involves a number of risks and uncertainties and there is no assurance that the proposed transaction will be completed.

Statements in this release, other than statements of historical fact, may be regarded, in certain instances, as "forward looking statements" pursuant to Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934, respectively. "Forward looking statements" are based on expectations, estimates and projections at the time the statements are made that involve risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. There can be no assurance that such statements will ever prove to be accurate and readers should not place undue reliance on any such "forward looking statements" contained herein. Neither the Canadian Venture Exchange nor NASD OTC Bulletin Board have reviewed or accept responsibility for the adequacy or accuracy of this release.

For further information please contact Wayne Hartford at [phone] or EVI Head Office - Ottawa [phone] or. The company's website is at www.energyvi.com.