Paula C. Hix Named President of Chroma Energy.

Business/Energy Editors

HOUSTON--(BUSINESS WIRE)--Nov. 6, 2002

Chroma Energy Inc., an energy exploration company specializing in proprietary pattern recognition and visualization technology, announced the promotion of Paula C. Hix to the position of president.

Hix was selected to lead Chroma's professional workforce that deploys the specialty technology as Chroma Energy expands its business ventures domestically and throughout the world. Since its inception in December 2000, the Company has accelerated the conversion of its patented and patent pending technology into numerous exploration and drilling ventures with industry partners.

About Chroma Energy President, Paula C. Hix:

Hix has been an active member of the energy industry for the past 29 years.

For the past six months, Paula has held the position at Chroma Energy of executive vice president - exploration. From 1999 until the recent divesture of all Enron Global Exploration & Production properties, Paula served as sr director of technology with implementation and management responsibility for geoscience, information and knowledge management technologies for India Operations, China Operations, New Ventures and divestiture efforts.

From 1993 to 1999, Paula was chief geophysicist for Enron Oil & Gas Company with responsibility for business objective focused geophysical programs, advanced technology application, technology transfer and staff development programs across seven domestic Divisions and various international projects.

Prior to 1993, Paula served in various project leader roles for the Shell Companies both domestically and as a member of Pecten International teams.

Paula is a graduate of South Dakota School of Mines & Technology. She is a member of SEG, AAPG, HGS and GSH.

Chroma Energy Inc. also announced today that Dr. Peter M. Duncan has elected to leave the company. The directors and employees of Chroma Energy appreciate Peter's contributions and wish him success in his future endeavors.

About Chroma Energy Inc.

Chroma Energy Inc. is an energy exploration company specializing in exploration and development projects. The company develops high quality prospects by applying its pattern recognition and pattern enabled visualization technology. ImageGenetics(TM) and ChromaPattern(TM) perform pattern analysis of massive amounts of seismic data by using the implicit geologic information, present but hidden in the underlying seismic data. ChromaVision(TM) is the only 3D geoscience visualization application with pattern recognition built into the 3D fabric of the application. This inherent 3D pattern recognition is developed through research performed by Chroma Energy and is only available with Chroma's proprietary methods that are protected by patents. Headquartered in Houston, Chroma Energy maintains its research and development in Boulder, Colo. For more information, visit www.chromaenergy.com.

This news release contains forward-looking statements that are based on current expectations subject to various risks and uncertainties that could cause the Chroma Energy's actual results to differ materially from those included in the forward-looking statements. Although the Chroma Energy believes its expectations are based on reasonable assumptions, it can give no assurance that these expectations will prove correct. Factors that could cause actual results to differ materially from those contained in forward-looking statements include, but are not limited to, those relating to the results of exploratory drilling activities, fluctuations in oil and natural gas prices, operating risks, regulatory and environmental matters, capital requirements, availability of drilling rigs, weather, and the general condition of the economy and its effect on the securities market. Investors are directed to consider such risks and other uncertainties.