Financial

1. What is Toxin Alert's fiscal year?
The company's fiscal year ends on June 30.

2. When will Toxin Alert generate revenue from a Toxin Guard™ product?
The company expects to commercialize Toxin Guard™ in calendar 2002. Toxin Alert has concluded non-binding letters of intent with Pactiv Corporation of the US and Associated Brands of Canada (both leading packaging manufacturers) that contemplate the joint development and licensed marketing of a Toxin Guard™ product.

Toxin Alert has successfully completed commercial trials with Toxin Guard™ on high-speed printing presses at rates of 200 feet per minute. Stability tests on these runs show no degradation of signal strength - an early indication of a long shelf-life.

3. When will the company become cash-flow positive?
4th Quarter-2002 Toxin alert expects to realize revenue from the:

Ongoing sale of antibodies from the University of Guelph Bioreactor facility, which has the potential to be self-financing
Sale of reagents in conjunction with licensed production of Toxin Guard™ products
Licence fees from the use of Toxin Guard™ technology in commercial applications.

4. How does Toxin Alert manage its costs?
[virtual company]