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Re: Capt_Nemo post# 91924

Friday, 03/26/2004 5:43:03 AM

Friday, March 26, 2004 5:43:03 AM

Post# of 219267
VPTI - I HATE THESE POS companies. There were only about 18 mil free trading shares BEFORE this "great" annuncement. Now there will be 22,000,000 AFTER a 1:60 r\s...fckrs...

Voice Powered Technology International, Inc. Signs Merger Agreement with World Waste Technologies, Inc.
via COMTEX

March 25, 2004

ENCINO, Calif., Mar 25, 2004 (BUSINESS WIRE) --

Voice Powered Technology International, Inc. (OTCBB:VPTI.OB) today announced that an agreement was signed between World Waste Technologies, Inc. ('World Waste') and Voice Powered Technology International, Inc. ('VPTI') that provides for a merger between VPTI and World Waste in a stock for stock transaction. VPTI will effect a reverse split on a 1 for 60 basis prior to the closing of the merger. After completion of the merger, there will be approximately 22,200,000 shares outstanding, World Waste shareholders will own approximately 95 percent of the shares, and World Waste will be the ongoing operating entity.

World Waste, a San Diego, California company, is an early stage development company engaged in the waste recycling industry. World Waste currently has no revenues. World Waste holds an exclusive license to patented technology which, in experimental conditions, has processed small amounts of municipal solid waste to successfully reduce the waste's volume and yield cellulose fiber suitable for making certain low grade paper products.

The merger is subject to approval of certain conditions including regulatory approvals and the closing of the merger being completed by June 21, 2004 unless the parties agree to extend that date. One of the conditions to the closing of the merger is that World Waste must have a minimum of $1 million in cash and $2.7 million net worth. Upon completion of the merger, VPTI's name will be changed to World Waste Technologies, Inc., and it is anticipated that the trading symbol will also be changed. At this time, there is no assurance that this transaction will be completed or that World Waste will be able to effectuate its business plan or generate revenues or profits.

Upon closing of this transaction, the VPTI Board of Directors will resign and will be replaced by:

Thomas L. Collins, CEO; Steve Racoosin, President; Fred Lundberg, Senior Vice President, and John Pimentel. Mr. Collins, Mr. Racoosin, and Mr. Lundberg each have over 20 years of experience in their industry.

The contents of this press release are presented as a general overview of the company. It is intended only to contain general information regarding the company and its business and does not purport to provide complete disclosure or analysis of all matters which may be relevant to a decision to make an investment, including all risk factors or similar considerations. 'Forward-Looking Statements'as defined in the Private Securities Litigation Reform Act of 1995, may be included. While the information herein has been prepared by both the company and from sources believed to be reliable, no warranties are given, whether express or implied, as to the reliability, accuracy or completeness of the information, and no legal liability is to be assumed or to be implied against the company for any use or misuse of the information presented. Although the information is believed current as of the date herein, the information may be subject to change, amendment or supplementation, and the company does not expect, and assumes no obligation, to update or otherwise revise the information herein.

SOURCE: Voice Powered Technology International, Inc.

Jeff Wenker Public Relations Jeff Wenker, 206-755-7843 jeff@wenkerpr.com

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