Editor's Note

The Neptune Society (otcbb: NTUN).

Headquartered in Burbank, CA., The Neptune Society Inc. is one of North America's largest cremation specialists, and is the only publicly traded company dealing solely in cremation services. The Neptune Society, operating for nearly three decades with locations in California, Florida, New York, Washington, Iowa, Oregon and Arizona has provided thousands of cremation services and currently has close to 60,000 active contracts and nearly $40 million in trust in its unique Pre-Need program. The Neptune Society's goal is to provide a simple, dignified and economic alternative to the traditional funeral burial service system. 
 

Breaking News

The Neptune Society Receives Approval on Its Form 211.
Company Now Listed on the OTC Bulletin Board.

The Neptune Society Inc. is one of North America's largest cremation specialists, and is the only publicly traded company with a business strategy that focuses solely on providing cremation services. The Company believes its competitive strategy coupled with a selective acquisition and expansion program will enable the Company to establish itself as a leader in the cremation service industry and maximize shareholder value. Neptune's plan is to become the largest and most trusted name in the cremation service industry. During the last 12 months, the Company completed three strategic acquisition/mergers in Washington, Oregon and Iowa and opened one new office in the Seattle, Washington area, resulting in a market presence serving approximately five million people in Washington, Oregon and Iowa. As a result of these acquisitions, the Neptune Society now has a market presence in seven different states, including California, Florida and New York. The Neptune Society is currently planning two additional ``start-up'' locations, which are anticipated to be opened this year. The targeted market areas have a total population in excess of another two and one half million people. In addition, the Company is examining four new states as possible locations for ``start-up'' locations during 2002. The Company believes that continued growth and development of The Neptune Society brand name will assist the Company in achieving its goal of becoming the largest provider of cremation services in the United States.

An added benefit to the Portland, Oregon transaction is that The Apogee Companies, Inc. has become a major shareholder in the Neptune Society. Roy P. Disney (of the Disney family), and Apogee's Chairman said, ``We will miss having CMC as one of our Apogee Companies, but we are looking forward to becoming part of a much bigger effort with our new friends down the street at Neptune.''

Marco Markin, President and CEO of the Neptune Society, said, ``I am happy that the Neptune Society is now a full reporting company with the Securities and Exchange Commission, and more importantly with the growth that Neptune has achieved over the last 18 months. Market share in Washington, Oregon and Iowa has surpassed our expectations and we foresee continued growth in these states.'' 

For further information regarding Neptune Society contact:
Gary R. Loffredo, Director (800) 535-7935
www.neptunesociety.com

Headquartered in Burbank, CA., The Neptune Society Inc. is one of North America's largest cremation specialists, and is the only publicly traded company dealing solely in cremation services. The Neptune Society, operating for nearly three decades with locations in California, Florida, New York, Washington, Iowa, Oregon and Arizona has provided thousands of cremation services and currently has close to 60,000 active contracts and nearly $40 million in trust in its unique Pre-Need program. The Neptune Society's goal is to provide a simple, dignified and economic alternative to the traditional funeral burial service system.

Disclaimer: This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Readers/Investors are cautioned that the forward-looking statements are inherently uncertain, including statements related to the Company's business strategy, success of its acquisitions, its ability to implement its current business and growth strategies, the ability to implement acquisitions and start up offices into its existing operations, its ability to obtain sufficient financing to fund its proposed growth, the Company's ability to develop its brand name and effectively market its services and the Company's expectations for future success. Actual performance and results of operations may differ materially from those projected or suggested. The forward-looking statements contained herein represent the Company's judgment as of the date of this release, and the Company cautions the reader not to place undue reliance on such statements. These forward-looking statements should not be reprinted, reiterated nor considered an inducement for investment. 

SOURCE: The Neptune Society 

Related links, Due Diligence & Financials:

The Neptune Society Corporate Home Page

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Disclaimer & Safe Harbor Statement:

SafeHarbor:
This fact sheet contains “forward-looking statements” within the meaning of Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of the 1934.  These forward-looking statements can be identified by the use of forward-looking terminology such as “may”, “could”, “expected to” and “believes.”  Actual events or  performance involve risks and uncertainties that could differ materially from those anticipated in such forward-looking statements. Factors that could cause actual results to differ materially from those projected in forward-looking statements include competition, themanagement of our growth and the ability to deliver new products to market on time.  Such forward-looking statements are subject to other risks and uncertainties, which are detailed in the Company’s filings with the Securities and Exchange Commission. 

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