| --PR Newswire--
Date: April 29, 2002
Subject: Pascual Elected President by FALTS Council
CFO and Co-Founder David Pascual was officially elected
to the Office of President by way of secret ballot.
The vote took place at the monthly FALTS meeting on
April 28, 2002. Although some members were absent, most
notably co-founder Brett Schmitz, quorum was reached
as outlined in official FALTS code, Section 13-2. Minutes
of the meeting can be obtained from Henry Travis. An
official copy of the minutes and voting results are
stored in the FALTS library at the Post Forest Complex.
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