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Haber Team to Visit Ghana and Introduce Environmentally Friendly Gold Extraction HGP Process; Demonstration of Technology in Africa Begins Worldwide Launch.

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BAYONNE, N.J.--(BUSINESS WIRE)--July 16, 2003

Haber, Inc. (OTC: HABE), a New Jersey-based company with proprietary technology for analytical instrumentation and the environmentally friendly processing of gold-bearing ores, announced today that a Haber Inc. team led by President and COO Albert B. Conti is scheduled to visit Ghana this month to introduce the Haber Gold Process (HGP) to the African continent.

"This is the beginning of our worldwide effort to introduce Haber and HGP to the gold mining community," Conti said.

The purpose of the trip is to conduct a real-time demonstration of HGP and to explore the interest of the various parties in the use of the technology throughout Africa. Haber's agent to Ghana, Kwame Apea, a well-known Ghanaian entrepreneur, has been coordinating all activities in the country, the second-largest gold producer on the continent, after South Africa.

Meetings have been scheduled with the King of the Ashanti Empire, the Ghanaian Minister of Mines, the Ghana Minister of Trade and Industry, the Ghana Chamber of Mines, and various other government and local officials. The Ghana Chamber of Mines, made up of a number of mining companies, will be among those invited to the demonstrations. Visits are also scheduled to a number of gold mining operations.

One of the demonstrations will compare the HGP and the cyanide gold retraction process in real time. The purpose will be to demonstrate the advantage of the environmentally friendly HGP relative to speed and toxicity. It is anticipated that a number of interested parties will be invited to visit the Haber, Inc, Pilot and Laboratory facilities in Florida for follow-up discussions and piloting specific ores of interest.

About Haber, Inc.

Haber, Inc. is a high technology process development company with proprietary technologies in extractive metallurgy and electrochemical separations. These technologies include the company's Haber Gold Process (HGP), a chemical system discovered by Norman Haber, the chairman of the company, for the hydrometallurgical extraction of gold from its ores. The Haber Gold Process is both non-toxic and more efficient than conventional solvents such as cyanide. This technology accelerates the gold extraction rate and may increase gold recovery from its ores by a substantial factor. The company's Electromolecular Propulsion (EMP) technology is an electrochemical process that enables the electrically controlled movement or positioning of a variety of different molecules. It is distinguished from the techniques of electrophoresis and chromatography by its wide variety of potential applications and the greater speed and control of the results. For more information, call Peter R. D'Angelo (781) 643-2727, or visit the company's Web site, http://www.haberscience.com.

Safe Harbor Statement

Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions. These statements are subject to uncertainties and risks including, but not limited to, economic conditions, the impact of competition and pricing, government regulation, and other risks. All forward-looking statements made by or on behalf of the Company are qualified. The Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
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Publication:Business Wire
Geographic Code:6GHAN
Date:Jul 16, 2003
Words:544
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