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To OTC Journal Subscribers:

Friday we released our profile on Engineering Power Systems Group, Inc (OTC BB: EGPSF). The stock closed that day at $2.03. Since that time we have numerous questions from our subscribers about the Company, and we have had some technology problems relating to the new HTML format in which we are publishing our newsletter. Many of you may have received "phantom E-Mails" that were not intended to end up at your address and there were hyper links that did not work. We would like to thank our subscribers who brought these problems to our attention. We have discovered the source of the problems, and it has been corrected. Continue to inform us when there are technical difficulties. Since many of our subscribers did not receive this profile, we are reissuing it to our entire subscriber list. We apologize in advance if this inconveniences you in any way, but we have no way of knowing if you received it.

Also, this gives us the opportunity to clear up some of the questions we have had about this Company. First, Engineering Power (OTC BB: EGPSF) is a Canadian Company, which has its headquarters in Toronto, Ontario. The stock only began trading on the US OTC market in February of this year. There is very little of the normal information that you would expect to find on the Search Engines about this Company. The "F" on the end of the stock symbol signifies that it is a foreign issuer. The primary exchange is the Canadian version of the OTC market, where it trades under the symbol EPSX. We are taking steps to make sure that this information is available on our heavily trafficked search engines.

Engineering Power's (OTC BB: EGPSF) corporate web site will provide you with all the information you need. The address is http://www.epsx.com (click here to link).

There is one other important fact that, based on the questions we received, requires clarification. Engineering Power (OTC BB: EGPSF) will get the majority of the revenue flow from the building of the Power Barges. As a shareholder, this means that you will own a Company who's sales will go from $35 million to over $200 million in one year once the Joint Venture is financed. Engineering Power's (OTC BB: EGPSF) joint venture partner is CMS Energy (NYSE: CMS). The Company has over $10 billion in assets. We like our chances of seeing this project succeed.

Congratulations to our subscribers that stuck with Wordcraft Systems (OTC BB: WORC). We had a lot of questions when the stock drifted down to $.10. We believe that sophisticated short sellers prevented the stock from moving up with the last volume surge associated with the announcement of the SWIM contract. Traders allowed the stock to drift down to $.10 recently, but there was a strong rebound today on light volume. The stock closed at $.20, after trading as high as $.26. The short sellers must have been disappointed that no one panicked and sold at the bottom. The stock appears to be trading with little upside resistance now. It is our belief that Wordcraft Systems (OTC BB: WORC) needs to take two fundamental steps for this stock to trade extremely well.. First, they need to file their Form 10 with the SEC to become a full reporting Company. Second, they need to sign some contracts to sell the SWIM computer systems. Once both things are in place, the stock will probably yield excellent results for shareholders.

We believe that now is the time to be taking risk capital and committing it to micro cap stocks. This segment of the market has been slaughtered in the last two months. Many micro cap stocks in excellent small companies are trading at 10% of their previous highs. The editors of this newsletter know from their collective years of experience in the micro cap world, that the time to buy is when stocks are depressed. Engineering Power (OTC BB: EGPSF) was trading in the $4.50 range six months ago. This was before the Company announced a joint venture agreement to build the Power Barges with CMS Energy (NYSE: CMS). This project has an excellent chance of being launched. In the process, Engineering Power (OTC BB: EGPSF) will go from $7 million, to over $30 million, to over $200 million in sales in just 3 1/2 years. This is definitely a stock to own while it is down. For once, be a buyer when everyone is sitting on the side lines waiting for market conditions to improve. Fortune favors the bold.

The following is a Company that just might have a spectacular year in 1999, and hopefully will trade as well as Great White Marine (OTC BB: JAWS) (up nearly 60%), our September profile, did in the first week after we released it.

Now on to the reissue of our October Profile - Click Here

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 own stock in and have other financial dealings with the companies who appear in the publication. A company which should be considered an affiliate of OTC Journal.com has received the following compensation from Engineering Power Systems Group, Inc: 50,000 options with an exercise price of $1, and 100,000 options with an exercise price of $2. The affiliate company that received compensation from Engineering Power Systems Group, Inc has retained the OTC Journal.com newsletter to release this profile on behalf of Engineering Power. On the date of the release of this profile, none of the aforementioned options have been exercised. The affiliate Company may exercise the aforementioned options anytime at its sole discretion. The OTCJournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein.

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