October 10, 1998

SPECIAL UPDATE REPORT

WORDCRAFT SYSTEMS, INC.

Subscribers, here is some important information on the current market conditions, and updates on press releases by both Great White Marine (OTC BB: JAWS) and Wordcraft Systems (OTC BB: WORC).

As always, please E-Mail any questions, concerns, or suggestions you have. We value the feedback we get from our subscribers, and we are constantly looking for ways to upgrade our service. We try to respond to every subscriber. If you wish to cancel your subscription, simply hit your reply E-Mail function and type the word "unsubscribe" into the subject line. We have had a server problem, and we are behind on deleting some subscribers, so we apologize in advance if you are receiving this correspondance against your wishes.

The market for small and micro cap stocks has been in a blood bath for the last several weeks. The Companies we follow don't have significant institutional participation. Generally, these stocks are more thinly traded than the larger names. Consequently, in horrendous market conditions, these types of stocks will drop precipitously without any real selling activity by individual shareholders, who tend to be longer-term holders. There is a small excess supply of stock, and no buyers. Therefore, the traders allow these stocks to drop as if they were in a vacuum. Once market conditions improve and bargain hunters come in with buy orders, these types of stocks tend to move up rapidly. Our point- don't be upset by the quote you see on your computer screen. Six months from now you may regret emotional decisions you may today. Follow the progress of the Companies you own and base your buying and selling decisions on fundamentals.

We generally don't make market forecasts. However, an ideal scenario would be to have the Dow Jones Industrials blow off to the 6500 to 7000 levels by the end of October and trade sideways on lighter volume for the remainder of the year. We believe that this will set us up for an outstanding year for investors in 1999.

Lately, we have been in discussions with Companies whose stocks are trading at ridiculously low prices. Just this last week we spoke with two small companies whose market value has dropped below the amount of cash they have in the bank. To that end, it looks as if we will be releasing our next profile on Friday evening, October 23rd, and we fully expect this stock to trade extremely well.

We felt like the market had sold off fairly well in August, so we released a profile on Great White Marine on the evening of Wednesday, September 2nd. The stock closed that day at $2.85 and traded up to $4.50 within three trading days for a substantial gain for our subscribers that acted quickly and locked in profits. Since that time the stock has pulled back, and may represent a great value at current levels.

Last week Great White Marine (OTC BB: JAWS) put out a press release concerning an enhancement of their relationship with Polaris. This can only mean more business. We remain confident that the Company will complete 1998 with over $.25 in earnings, making the stock very attractive under $2.50. To read the press release, go to http://www.great-white.com/ir/press6.html. On Friday, Wordcraft Systems (OTC BB: WORC) put out a press release which describes and enhancement of their relationship with San Diego Processing, which is the key to their future.

We have had numerous comments from our subscribers concerning what appears to be insider selling from Wordcraft Management. There has been some insider selling from senior management. However, if you read the current press release, you will note that Senior Management has taken the proceeds and reinvested the money in the form of loans to the Company in order to finance the roll out of the revolutionary "SWIM" product. This is really a strong vote of confidence from insiders.

The stock has not traded well in recent weeks. We believe that there is an illegal short seller creating an excess supply of stock. If this is the case, as a shareholder, the worst thing that you can do is sell your shares into any weakness in the stock. This is exactly what these short sellers want you to do. They are hoping that the drop in the stock will create fear in the minds of shareholders, resulting in selling at lower prices. Someday they will have to buy these shares back. The future of the Company and the value of your shares is tied to the future sales of "SWIM". Give the Company some time launch this revolutionary new product.

We will keep you updated on events that unfold, good or bad, for the Companies we have profiled. In the meantime, look for a very exciting profile release on a new Company on the evening of October 23rd.

DISCLAIMER

The OTCJournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may from time to time buy, sell, or own stock in and have other financial dealings with the companies who appear in the publications. The manag! ement of OTCJournal.com has received the following compensation for the dissemination of the WORC corporate critique: 200,000 shares of common stock, which it has sold. On the date of the release of this update a company which should be considered an affiliate of OTC Journal owns 50,000 options with a strike price of $.25. The management of OTCJournal.com has received the following compensation for the dissemination of the Great White Marine corporate profile: 50,000 shares of common stock. On the date of release of the profile, the management of OTC Journal owned no shares of Great White Marine. The OTCJournal.com critiques may contain forward-looking statements relating to the expected capabilities of the companies mentioned herein.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF OTCJOURNAL.com.