This news was announced after market today. ALL information below is from the corporate press release:

Press Release

LAS VEGAS---April 2, 2001--ELAST Technologies, Inc., (OTCBB: ELTI) (www.elast.com) announced today that the Company has arranged several beta site installations of its Bio-Potential Instrument in prominent chiropractic offices. These installations will constitute the first significant ``real life'' use of ELAST's Bio-Potential Instrument and are planned to coincide with delivery of the initial units this Spring.

The Bio-Potential Instrument is ELAST Technologies' chiropractic outcome-measuring instrument and is designed to objectively measure vertebral subluxations and the normalizing effect of chiropractic spinal adjustments.

``The installation of the Bio-Potential Instrument in the offices of practicing chiropractors is very exciting for ELAST,'' says Thomas F. Krucker, President and CEO of ELAST Technologies, Inc. ``Although our demonstrations generated great interest and enthusiasm in the chiropractic community these planned installations represent the first formal application of our technologies' measurement capabilities to actual treatment.'' According to Mr. Krucker the beta sites were selected for their interest in the product's overall success as well as their demonstrated commitment to their patients.

ELAST Technologies also continues its work to perfect its allergy testing device, the Electronic Allergo Sensitivity Test or the ELAST Device(TM). The ELAST Device(TM) is a patented, non-invasive diagnostic tool that is being designed to accurately diagnose allergies, as well as food and chemical sensitivities, immediately without any of the pain or expense associated with currently employed allergy testing methods.

This news release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product development and consumer demand and acceptance, changes in technology, ability to raise capital, the availability of appropriate acquisition candidates and/or business partnerships, economic conditions, impact of competition and pricing, capacity and supply constraints or difficulties, government regulations and other risks. All such forward-looking statements, whether written or oral, and whether made by or on behalf of ELAST Technologies, Inc., are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking stat! em! ents. In addition, ELAST Technologies, Inc., disclaims any obligation to update any forward-looking statement to reflect events or circumstances after the date hereof.

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