Torque Breakthrough by Borealis Chorus Motor.

GIBRALTAR--(BUSINESS WIRE)--Sept. 13, 1999--

Borealis Motor Manufacturing Limited, Gibraltar

Substantial improvements in torque have been announced by Borealis Motor Manufacturing Limited following beta tests of the company's new Chorus(TM) Motor Technology. In tests, the proprietary Borealis Chorus(TM) Motor has shown continuous torque at least 30% greater than comparable inverter-based AC motors, and a peak torque at least three times as high as such motors.

The Chorus(TM) Technology uses harmonic waveforms generated by AC inverter-based motors to produce significant improvements in performance. Chorus(TM) uses novel windings and electronic controllers to harness the harmonics, which in conventional motors can degrade performance and slow the motor.

"Over 60% of the electricity consumed by industry in the United States is used for Electric motors, and the annual global motor and drive market is in excess of $100 billion," says Borealis President Isaiah Cox. "A Chorus(TM) Motor will produce the same continuous torque as a conventional motor that is 30% larger, and the same peak torque as a conventional motor two to four times larger. The Chorus(TM) will be smaller, lighter, and much less expensive to build."

Full details including torque-speed curves and technical papers are available from the Borealis web site at http://www.borealis.com. The technology is proprietary, with patents pending. Potential applications for Chorus(TM) include fans and pumps, elevators, cranes, locomotives, and electric vehicles.

Borealis is currently seeking partners to license and distribute the Chorus(TM) Motor Technology.

Borealis has developed the multiphase Chorus(TM) Motor in partnership with Electro-Windings Ltd. at the Northern Center for Advanced Technology (NORCAT) in Sudbury, Ontario, Canada. NORCAT is a research facility with a wide range of industrial and governmental clients. Electro-Windings Ltd. is an electric motor company based in Sudbury.

The development of the Borealis Chorus(TM) Motor has also been supported by Canada's IRAP, the Industrial Research Assistance Program.

Borealis Motor Manufacturing Limited is a subsidiary of Borealis Exploration Limited (US NASD: BOREF; Canada OTC: BSXC). Borealis Exploration Limited has 5,000,000 shares outstanding.

For further information please contact:

Chris Bourne Director of Public Relations 

Tel: [phone] Fax: [phone] http://www.borealis.com email: [e-mail]

Disclaimer: The discussion of the Company's business and operations in this report includes in several instances forward-looking statements, which are based upon management's good faith assumptions relating to the financial, market, operating and other relevant environments that will exist and affect the Company's business and operations in the future. No assurance can be made that the assumptions upon which management based its forward-looking statements will prove to be correct, or that the Company's business and operations will not be affected in any substantial manner by other factors not currently foreseeable by management or beyond the Company's control. All forward-looking statements involve risks and uncertainty. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events including those described in this report, and such statements shall be deemed in the future to be modified in their entirety by the Company's public pronouncements, including those contained in all future reports and other documents filed by the Company with the relevant Securities Commissions. Borealis legal staff has determined that this press release is required to properly comport with our disclosure obligations under Canadian and Gibraltarian securities disclosure requirements.