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Natex Announces Dept of Energy Report On Powerball Fuel Pellets

16 November 1999

Natex Corporation Announces Department of Energy Report On Powerball Fuel Pellets

    SALT LAKE CITY, Nov. 16 -- Natex Corporation
(OTC Bulletin Board: NATX) through its joint venture partner Powerball
Technologies, is pleased to announce that a report as prepared by Energetics,
Inc. (OTC Bulletin Board: EJTX) for the Department of Energy Office of Power
Technologies Hydrogen Program is complete and ready for public release.
    The report shows that Powerball Technology can be competitive as a future
infrastructure fuel.  The report predicts that a future cost of powerballs can
be $1.56 per gallon of gasoline equivalent and perhaps much lower when
produced in high volume using efficient conversion technologies.
     Additionally, the DOE funded report points out that "the application of
the Powerball Technology in the chemical industry represents an attractive
option.  The estimated plant gate manufacturing cost of sodium metal via
Powerball Industries' thermochemical process could be as much as ten times
less than the current commodity price for sodium produced via electrolysis.
    The 56 page DOE funded report also points out that "The onboard equipment
for the powerball process is estimated at about $0.46/kg H2 compared to the
capital cost of a pressure vessel, $750, which equals about $0.88/kg of
hydrogen stored over the life of a vehicle."
    Powerballs can be produced from plentiful and clean natural gas energy.
The fuel pellets are easy to transport, store, and use and are ideal as an
energy carrier since they produce zero point-of-use emissions.  Each gallon of
powerball fuel pellets stores an impressive 17.8 KWH of energy in the form of
clean, environmentally friendly hydrogen.

    Powerball Technologies, LLC is a joint venture between Powerball
Industries and Natex Corporation.  Natex Stock trades over the Nasdaq (OTC BB)
exchange under the symbol NATX.  Powerball Technologies is focused on
innovative hydrogen distribution.  At the heart of their technology is the
proprietary hydride pellets(TM) which dramatically increase the storage
density and distribution efficiency for hydrogen through incremental and on-
demand production to portable fuel cell systems.

    Note: Any statements released by Natex that are forward looking are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1955.  Editors and investors are cautioned that forward-looking
statements invoke risk and uncertainties which may effect Natex's business
prospects and performances.  This includes economic, competitive,
governmental, technological and other factors.