Project Phoenix

There will be a kick-off meeting held on Wednesday July 26 at 10:00 am to
kick-off Project Phoenix. I will e-mail the location of the meeting and the
phone number that can be used to access the meeting if you are unable to
attend. At this meeting we will hand out the information that we have to date
and begin our planning on the due diligence for this possible acquisition.
EOTT is under a confidentiality agreement regarding this project and I would
appreciate it if everyone could keep this meeting as confidential as possible.

This is a very exciting possiblity, and could be very accreative to our cash
flow. If you have any questions, please leave me a phone mail or e-mail. I am
on vacation but, I am checking both several times a day and will respond as
soon as I get your inquiry.

Thanks

Joe