PRESS RELEASE

Released jointly by
HOUSTON ADVANCED RESEARCH CENTER AND CYROSPACE INC.
Contact:
Michael Cyrus, President, Cyrospace Inc
281-535-7077

FOR IMMEDIATE RELEASE

HARC licenses cutting-edge technology to wood products industry
in New Zealand and Australia

(August 6, 2003 - THE WOODLANDS, TX) HARCwood™, an engineered wood product developed by researchers at the Houston Advanced Research Center (HARC), was recognized with the top prize for Innovative Technology in the Wood Treatment Processing category at the 2003 Association of Woodworking and Furnishings Suppliers® (AWFS®) Fair held July 31 - August 3 at the Anaheim convention center.

HARC was one of 13 companies recognized in four categories -- innovative technology, ergonomics, productivity and safety -- at the 2003 AWFS® Fair Awards reception Saturday evening, August 2.

The Association of Woodworking and Furnishings Suppliers® (AWFS®) is the largest national trade association in the United States representing companies that supply the home and commercial wood and furnishings industries.

HARCwood™, recently licensed to Wilton Enterprises Limited of New Zealand, enhances the properties of medium density fiberboard (MDF) and offers a number of benefits, among them moisture resistance, increased durability, and good paint adherence. In addition, it has excellent fire retardant characteristics. Applications range from building materials to marine applications.

Cyrospace is the official commercialization agent for HARC. For licensing information, contact Michael Cyrus of Cyrospace Inc. at (281)535-7077.

About HARC:

Founded in 1982, HARC is a nonprofit organization based in The Woodlands, Texas, dedicated to improving human and ecosystem well-being through the application of sustainability science and principles of sustainable development. For more information, visit http://www.harc.edu