MR3 Systems, Inc. Further Bolsters Its Management Team by Adding Two Experienced Executives.

Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Dec. 23, 2003

MR3 Systems, Inc. (NQB:MRMR), announced today that the Company has added two experienced executives to its growing management team. Bradley Rotter, chief executive officer, commented, "I am pleased to welcome Joseph S. Jaswinski, senior vice president -- Environmental Remediation and Peter Odintsov, chief information officer and VP Operations to the MR3 management team. These special individuals represent important additions to the MR3 team who will be integral in the execution of our expansion plan."

Mr. Jaswinski is the owner of Environmental Management International LLC, a consulting firm in Fairfield, Conn. From January 1999 to July 2003 he was the senior vice president Operations for DMC Electronics Recycling Co., in Newfields, N.H. Prior to DMC, he served as vice president of Marketing for Global Investment Recovery, Inc., in Tampa, Fla. He also served as vice president of Operations for Recyclers Consulting Group Inc., in New Haven, Conn., where he developed and implemented environmentally compliant electronics recycling processes. Mr. Jawinski's comprehensive management experience has focused on international business development and market strategy. He will operate out of his office located in Paris, France.

Mr. Odintsov brings a decade of experience in Information Systems and Operations. He has extensive experience in modeling and database management while serving as a portfolio analyst for Allegiance Capital, in San Francisco where he administered a $40M loan portfolio and managed the interface with the Trustee and investor group. He also served as head of the Information Systems at Point West Capital Corporation, a San Francisco-based publicly traded venture capital firm from 1999 to 2003. Mr. Odintsov was a founder of Prominvest Consulting in Tomsk, Russia, where he conducted the feasibility studies and consulting services in conjunction with mergers and acquisitions for Russian companies. He has also worked as a consultant to many Russian businesses on foreign exporting and fundraising activities. Mr. Odintsov is a graduate of Polytechnic University in Tomsk, Russia, with a B.S. in Management Information Systems.

MR3 Technology Background

The MR3 Technology originated from research in microbiology on how microbial cells efficiently acquire their essential nutrient metals such as iron, calcium, copper, and zinc. MR3 Systems has synthesized the process of these cellular hydrometallurgical processing plants and has developed a Biomimetic (processes that mimic nature) approach that can be applied on a commercial scale. The Technology is deployed as a fully automated, modular metals reclamation system, which integrates specialized, proprietary media with a unique hydrometallurgical chemical process to selectively separate, extract, and purify individual targeted metals. The key aspect of the Technology is its unique affinity and selectivity for an individual target metal, even within multiple metal ion environments.

Corporate Profile

MR3 Systems, Inc. is a metals technology company. MR3 has defined its objective to provide systems that deliver the lowest total capital and operating costs of ownership, with the highest value added systems that separate and recover individual difficult/valuable metals and elements, one from another in continuous series.

MR3 Systems, Inc. is engaged in the industrial processing of mining ores and concentrates, industrial effluents, hazardous wastes and other complex metals sources into purified metals and specialty chemical products. MR3 Systems plans to license its Technology for use in mining, industry and environmental remediation. MR3 believes its Technology has a wide range of applications in numerous vertical markets.

Certain statements contained in this press release are forward-looking statements within the meaning of federal securities laws. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, some of which are beyond the Company's control. These include changes in the prevailing prices of the metals that we produce in addition to the unforeseen difficulties and uncertainties in the businesses in which we operate.