Trooper Technologies Appoints Eminent Economist David D. Hale As Chairman Of Advisory Board.

Business Editors

VANCOUVER, B.C.--(BUSINESS WIRE)--Jan. 11, 2001

Trooper Technologies Inc. (CDNX:TPP.) is pleased to announce today the appointment of David D. Hale, Global Chief Economist of Zurich Financial Services Group, as Chairman of the Company's Advisory Board.

It is the objective of the Company to establish a strong Advisory Board with members qualified on the basis of their experience and achievements in the global telecommunication and finance industries.

"We are proud that David Hale will chair the Advisory Board of Trooper Technologies," said Stanislaw Lis, president of Trooper Technologies. "Mr. Hale's industry leadership, pre-eminence as a leading global economist and his support of Trooper's business plan significantly augment the Company's overall expertise as we move into exciting technology sectors."

The role of the Advisory Board will be to provide an independent source of advice and data to the Board of Directors on existing and new business activities for Trooper, to provide guidance on the selection of strategic alliances, and to advance assistance and advice on major transactions, such as acquisitions, and business expansion strategies.

"David Hale will play an important role in assembling the Advisory Board, formalizing its mandate, and ensuring Trooper's exposure in the international financial sector", said Stanislaw Lis.

As Global Chief Economist of Zurich Financial Services Group based in Chicago, Illinois, Mr. Hale advised domestic and global fund management operations on the economic outlook and a wide range of public policy issues. He joined the group following its acquisition of Kemper Corporation, where he had served as Chief Economist for many years. Mr. Hale holds a B.Sc. degree in international economic affairs from the Georgetown University School of Foreign Service and a M.Sc. Degree in economics from the London School of Economics.

In addition, Mr. Hale serves as Chairman of the Board of China Online, L.L.C, a service provider for business and economic news about China. He is a member of the Academic Advisory Board of the Federal Reserve Bank of Chicago and the Hong Kong Monetary Authority as well as a variety of government and private sector economic policy research groups in Washington, Tokyo and Bonn. Mr. Hale has frequently testified before Congressional committees on domestic and international economic policy issues and done briefings for senior officials in the executive branch, including President Bush. Since 1990, he also has been a consultant to the U.S. Department of Defense on how changes in the global economy are affecting U.S. security relationships. Mr. Hale is a member of the national Association of Business Economists and the New York Society of Security Analysts. Mr. Hale writes on a broad range of economic subjects and his articles have appeared in the Wall Street Journal, the Far Eastern Economic Review, the Financial Times of London, the New York Times, The Nihon Kezai Shimbun, the Financial Analyst Journal, the Harvard Business Review, Foreign Policy and other publications.

In 1978, he was appointed a member of the Financial Accounting Standards Board Task Force on the Conceptual Framework (for accounting standards) because of articles he wrote on inflation accounting.

In September 1990, the New York Chapter of the National Association of Business Economists conferred upon Mr. Hale the William F. Butler Award. This award is conferred annually by the society upon a business economist who has made an outstanding contribution to the field. Other recipients have included Paul Volcker, Geoffrey Moore, Lawrence Klein, Alan Greenspan, and Otto Eckstein.

About Trooper Technologies

Trooper Technologies Inc. is an international company focused on developing its high technology business interests in Poland. Trooper has joint venture agreements with Stream Communications Ltd. to provide analog and digital cable industry networks and services in Poland and with PolVoice.com Ltd. to provide business-to-business Internet telephony services in Poland. Trooper also owns International Eco-Waste Systems S.A, which provides Poland with state-of-the-art rendering facilities. Established in 1995, Trooper Technologies is headquartered in Vancouver and Warsaw and is publicly traded on the Canadian Venture Exchange under the symbol TPP and on the Frankfurt Stock Exchange under the symbol TPJ.

On Behalf of the Board Stan Lis, President & CEO 

This news release has been prepared by management of the company who takes full responsibility for its contents. The canadian venture exchange neither approves nor disapproves of the contents of this news release. This news release may include forward-looking statements within the meaning of section 27a of the united states securities act of 1933, as amended, and section 21e of the united states securities and exchange act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the "safe harbor" provisions of the united states private securities litigation reform act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.