Ekwan-X Completes First Phase of Nevada Project


TORONTO, Jan. 21, 2005 (PRIMEZONE) -- Ekwan-X, Inc. (Pink Sheets:EKWX) is very pleased to announce that it has completed the first phase of its data acquisition program.. The results of its review in Nevada have shown several promising areas and have been selected for further investigation. Further follow-up with reviews of known satellite and airborne data will commence shortly. This review and analysis will allow Ekwan-X to select specific sites for ground truthing.

Ekwan-X, Inc. is a mineral exploration company using hyperspectral imaging technology. Ekwan-X will concentrate its resources to fully exploit the highly mineralized areas in Nevada, New Mexico, and Arizona. The state of Nevada has been chosen for Ekwan-X's first large-scale mineral exploration program.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.

On behalf of the board of Ekwan-X, Inc.



            

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