News Release

Vancouver – A B.C. man who ran a holistic medicine website has been banned by the British Columbia Securities Commission for illegally raising money from investors.

Michael John Dowling ran Holisticom.com Inc., a company that operated a website devoted to holistic medicine. From November 1999 to November 2000, the company distributed more than 1.9-million common shares to 96 investors – raising over $366,000US from 93 B.C. residents. The company sold the shares without a prospectus and without registration, violating the Securities Act.

Dowling has agreed to not act as a director or officer of any issuer company for five years and he is prohibited from engaging in investor relations activities for any company for two years.

Holisticom.com and Dowling are insolvent.

The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities and exchange contracts within the province. Copies of the settlement agreement can be viewed in the documents database of the Commission’s website www.bcsc.bc.ca or by contacting Andrew Poon, Media Relations, 604-899-6880.