Secretaire Industries Inc. Signs LOI with Free-Market News Network to Effect a Business Combination.

VANCOUVER, British Columbia -- Secretaire Industries Inc. (Pink Sheets:SCYI) and Free-Market News Network, Corp. are pleased to jointly announce the commencement of formal negotiations to effect a business combination.

The proposed combination may be effected in one of several different ways, including an asset acquisition, merger of Free-Market News Network, Corp. (FMNN) and Secretaire Industries, or a share-exchange whereby Secretaire purchases the shares of FMNN from its shareholders in exchange for shares of Secretaire. Both parties will jointly determine the optimum structure for the transaction in order to best satisfy tax planning, regulatory and other considerations, including mutually agreed upon performance based milestones.

"We are excited about the potential to acquire a fast-growing and dynamic company that appears to be well positioned to benefit from the major societal shift from traditional media outlets to alternative 'net providers," commented Randy Schuler, President of Secretaire.

Mr. Schuler continued, "FMNN is a leading provider of social, political and financial news and information, albeit presented from a free market oriented point of view. We believe the positive growth of such free market thinking is likely to continue, with resultant business benefits."

The closing of the transaction is to be completed on a best efforts basis by both parties within the following parameters:

* notice of completion of substantial due diligence and board approval by both parties by September 30, 2007;

* execution of Transaction Agreement by September 30, 2007;

* receipt of all required shareholder approvals from FMNN by October 15, 2007; and

* closing of Transaction by October 31, 2007.

Both parties agree to work diligently during this period but recognize that regulatory and other market delays may require adjustments to this timetable.

FMNN CEO, Jim MacKenzie stated, "We have a very loyal base of shareholders who have patiently supported our growth as a private enterprise. If not for their support, FMNN wouldn't have been able to accomplish its fairly continual audience growth. FMNN recently averaged over 20 million hits a month."

Mr. MacKenzie continued, "We are optimistic that with the completion of today's proposed deal, FMNN will benefit by being able to access the public markets for additional capital investment purposes leading to increased growth."

About FMNN

In the early 21st century, a groundswell of support for the benefits of private enterprise is evident in numerous websites and blogs on the 'Net. Free-Market News Network, Corp. - offering socio-political, economic and investment coverage from a free-market viewpoint - is itself an independent media solution, an Internet-grown, free-market alternative to mainstream media complexes. The key to FMNN's success, thus far, lies in a commitment to peering behind Big Media mainstream reports to provide more accurate news and analysis in areas of politics, sociology, business and finance.

On Behalf of the Board of Secretaire Industries Inc.

Randy Schuler - President

On behalf of the Board of Free-Market News Network, Corp.:

Jim MacKenzie - CEO

Phone: [phone]

www.FMNN.com

Disclaimer This release contains forward-looking statements that are based on the beliefs of Secretaire Industries Inc. management and reflect Secretaire Industries Inc. current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. When used in this release, the words "estimate, "project," "believe," "anticipate," "intend," "expect," "plan," "predict," "may," "should," "will," "can," the negative of these words, or such other variations thereon, or comparable terminology, are all intended to identify forward-looking statements. Such statements reflect the current views of Secretaire Industries Inc. with respect to future events based on currently available information and are subject to numerous assumptions, risks and uncertainties, including, but not limited to, risks and uncertainties pertaining to, changes in economic conditions and other risks, uncertainties and factors, which may cause the actual results, performance, or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.