ENPAR announces grant of stock options

TORONTO, Nov. 2 /CNW/ - The Company announces that it has agreed to grant 200,000 options to a consultant. The options are exercisable at a price of $0.23 for a period of up to five years. The grants are subject to acceptance by the TSX Venture Exchange.

    
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    

This news release contains forward-looking statements within the meaning of the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause ENPAR Technologies Inc. results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof.

SOURCE ENPAR TECHNOLOGIES INC.

For further information: For further information: Dr. Gene Shelp, President and CEO, Tel: (519) 836-6155, Fax: (519) 836-5683, E-mail: gshelp@enpar-tech.com, Web Site: www.enpar-tech.com

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ENPAR TECHNOLOGIES INC.

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