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Resin Systems Expects Rapid Sale of Initial Run of New NVS Hockey Shafts

23 March 2003

Resin Systems Inc has launched its innovative new composite material hockey shafts through its wholly owned subsidiary, NVS Hockey (""NVSH"").

Months of product and market research, design theory, product development, laboratory and field-testing, has culminated in a series of hockey shafts that NVSH firmly believes are vastly superior to recognized competitors. Initially, four models are being unveiled to the marketplace.

According to NVSH Technology Development Director and Vice President of Resin Systems Inc., David Slaback, ""Our first run of five thousand shafts will be completed by the end of March. We have orders in hand for approximately one thousand shafts. Based on other agreements, which are nearing completion, we expect the entire run will be sold in a matter of weeks to organizations based solely in Western Canada. Should our program ignite sales in lock-step with our expectations, we have the capability to produce upwards of fifteen thousand shafts a month.""

NVSH shafts combine patented innovative resin technology with a ""seamless engineering fiber placement technology"" to produce what NVSH believes is the most superior composite technology utilized in the Hockey Industry today. The NVSH shafts are cleaimed to have greatly improved cut resistance, impact resistance, and engineered whip (kick points) at comparable weights and flexion of Industry leaders.