Spectrum Arabieh Launches PIMA Water Supply Ship Construction Discussions With Robert A. King Inc.

Business Editors

BAKERSFIELD, Calif./HOUSTON--(BUSINESS WIRE)--Jan. 27, 2000

Spectrum Arabieh Inc. (OTCBB:SPUM) announces the opening of negotiations with Robert A. King Inc. (RAKI) to provide Owner Project Management (OPM), services for the construction of PIMA (Phototonic Ionization, Manipulation and Augmentation) water supply ships.

The company is also interested in taking an equity interest in Spectrum to help fund the project.

Spectrum Arabieh (www.spectrum-arabieh.com) offers the clean water solution for the world. Spectrum's breakthrough PIMA water treatment technology cost-effectively desalinates sea water. In addition to land-based plants, Spectrum plans to convert ocean tankers into mobile water supply ships with on-board PIMA treatment units.

Excellent for disaster relief and solving regional water shortages, PIMA ships can treat ocean water while in transit, arriving with drinking and sanitation water ready for use where needed.

Robert A. King (www.raking.com), a premier OPM firm providing services worldwide, has a confidentiality and non-disclosure agreement with Spectrum. The firm has professional experience with more than 300 clients, on more than 200 projects, in 45 countries. Projects worldwide total more than $28 billion (USD).

Potential net cost and schedule savings of 10 to 15 percent are generally achieved. They offer Spectrum expert value engineering, construction design, organizational development, offshore platform and plant operation services.

Both firms have an in-depth knowledge of conducting business in the Arabian Gulf, a target market that can greatly benefit from PIMA technology.

On January 26 to 28, Spectrum will showcase their corporate investment opportunity and PIMA desalination technology to the more than 10,000 investors, money managers and news media writers expected to attend the 22nd Annual Florida Money Show (www.intershow.com/moneyshow/flhome.htm) investment conference at the Walt Disney World Dolphin Hotel in Lake Buena Vista, Florida.

A special PIMA Water Treatment technology presentation will be made to more than 200 investment fund managers.

PIMA water treatment technology achieves laser light molecular modification to desalinate seawater. PIMA provides significant savings (50 percent lower construction costs and more than 60 percent less energy usage).

PIMA also offers tremendous environmental benefits by eliminating the toxic chemicals and heated, high brine solution ocean discharge from Reverse Osmosis desalination methods. Visit www.spectrum-arabieh.com for more information.

Forward-looking statements, if any, in this news release are made pursuant to the &uot;Safe Harbor&uot; provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks.