Fenrir Logo Fenrir Industries, Inc.
Forced Entry Training & Equipment for Law Enforcement

CONTACT: Robert Muller     press_office@fenrir.com
(203) 977-0671 (voice & fax)
Post Office Box 2027
Stamford, Connecticut 06906

Press Release

Fenrir Industries, Inc. to offer 1,000,000 shares.

July 1, 2002      STAMFORD, CT     

Stamford, Connecticut-based Fenrir Industries, Inc. announces that a registration statement filed with the Securities and Exchange Commission in connection with the company’s proposed internet offering of 1,000,000 shares has been declared effective.

This registration statement has also been filed with and declared effective by the appropriate securities regulators of the States of California, Colorado, Connecticut, Delaware, Georgia, Illinois, Kentucky, Maine, Montana, Nevada, New York, West Virginia, Wisconsin and Wyoming.

The registration statement, filed under Regulation “A” of the Securities Act, covers the offering of the company’s common stock at $5.00 per share.

Copies of the Offering Circular and Subscription Agreement may be obtained from Fenrir Industries, Inc. directly or through the Company’s website at http://www.fenrir.com only by persons residing in those states where this offering has been qualified for sale.

Fenrir Industries, Inc., of Stamford, Connecticut, designs, develops, manufactures and internationally markets proprietary state-of-the-art equipment to law enforcement, fire, EMS and public safety agencies.

All of the 1,000,000 shares of Common Stock (the "Shares") hereby offered are being sold directly by Fenrir Industries, Inc. ("Fenrir” or the "Company"). Prior to this offering, there has been no public market for the Common Stock; therefore, the offering price has been determined by the Company.

This announcement is neither an offer to sell nor a solicitation of an offer to buy these securities. The offering is made only by means of the Offering Circular.

Fenrir Industries, Inc., is a developer, manufacturer and global supplier of law enforcement, public safety, and military equipment located in Stamford CT. Complete company and product information can be found at our web site at http://www.fenrir.com

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EDITOR:   Muller available for interviews.
Product photos, headshot available.
B-roll of In-Forcer Ballistic Ram available.

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