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News Release

FOR IMMEDIATE RELEASE:

NET and Petro-Canada add public Internet access to key truck stop locations
across Canada. Global VideoNET™ public access Internet terminals are being
installed in Petro-Canada locations across Canada.

Rothesay, NB February 24, 2000 - National Electronic Technologies Corp (CDN symbol: NATV.u) the leading manufacturer and software developer of public access Internet terminals and public Internet software solutions today announce they have signed an agreement with Petro-Canada, Canada's leading petroleum retailer, to install Global VideoNET™ public Internet access terminals into truck stops and petroleum locations owned and/or managed by Petro-Canada.

"Net is very pleased to have the opportunity to work with one of Canada's leading petroleum companies in an effort to provide more valued services to their customers across the country" said Al Chiasson, Chairman/CEO of NET. "Petro-Canada has always been a leader in innovative technologies and Global VideoNET™ will definitely enhance those services at Petro-Canada locations."

Global VideoNET™ public access Internet terminals are a pay per use Internet access device that provides valuable communications and entertainment applications including web browsing, sending and receiving of email, unique Video Mail, up to the minute news, weather, sports and stock quotes, exciting touch screen games along with the world's leading interactive Internet services of America Online.

Petro-Canada will be installing Global VideoNET™ into major truck stop locations in Eastern, Western and Central Canada.

"Global VideoNET™ has been developed to allow everyone to have access to valuable Internet services at these petroleum locations," said Brad MacPherson, President of NET. "We are excited to be working closely with Petro-Canada in this initiative in providing public Internet access to business travelers and truck drivers alike who depend on communications tools like the Internet to make their living."

All Global VideoNET™ terminals are connected via NET's Global VideoNET™ Information Services (GVIS) network. Being connected to the GVIS network allows all terminals to be remotely monitored for revenue, usage, marketing data, etc. from a remote desktop or lap top computer. This enables the machine owner to track there revenues and provide minimum down time by alerting field service personnel if a terminal goes out of service for any reason.

"Petro-Canada is pleased to be taking part in this 12 month test of Global VideoNET™ terminals in some of our select locations across Canada to add more driver services" says Alan Watkins Petro-Canada's Manager of Petro Pass. "Petro-Canada is continually researching new and innovative services that we can offer our valued customers and we believe that public Internet access will prove to be an exciting addition to our services."

NET plans to install public access Internet terminals across North America in a variety of locations including truck stops, airports, hotels, shopping malls, convention centers, etc. It is NET's goal to have 3000 units installed in public locations before the end of 2000 to provide these valuable Internet services.

 

About Petro-Canada (http://www.petro-canada.ca)

Petro-Canada is one of Canada's largest oil and gas companies, operating in both the upstream and downstream sectors of the industry. With a coast to coast network of close to 1700 retail outlets, Petro-Canada and its more than 4500 employees are committed to giving back to the community in the areas of environmental sustainability, education and the arts.

Petro-Canada's common and variable voting shares trade on Canadian stock exchanges under the symbol PCA, and its variable voting shares on the New York Exchange under the symbol PCZ.

About National Electronic Technologies Corp. (http://www.globalvideonet.com)

National Electronic Technologies (NET) is headquartered in Rothesay, NB Canada, with marketing offices in Toronto, ON and Louisville, KY. NET is the leading manufacturer and software developer of Global VideoNET™ public Internet access terminals and other public access solutions. NET has deployed terminals throughout Canada and the United States into truck stops, hotels, airports, shopping malls, etc. At this time NET is the only licensed kiosk partner of America Online. NET shares trade on the Canadian Dealer Network under the symbol: NATV.u

CONTACTS:

Brad MacPherson, President Alan Watkins
National Electronic Technologies Corp. Petro-Canada
http://www.globalvideonet.com http://www.petro-canada.ca
brad@natel.ca watkins@petro-canada.ca

 

 

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