Northstar Electronics Subsidiary Wins New US Government Orders

Business Wire, Nov 29, 2000

Business Editors

VANCOUVER, B.C.--(BUSINESS WIRE)--Nov. 29, 2000

Northstar Electronics, Inc. (OTCBB:NEIK) announced that its subsidiary, Northstar Technical Inc., recently received orders for its NETMIND underwater wireless communication system from NOAA (US National Oceanic and Atmospheric Administration) and from the US Department of the Interior National Parks Service.

The NOAA orders were a continuation of orders placed previously in 1999.

Over the past few months, Northstar Technical has expanded its NETMIND market with sales to New Zealand and Korea. Customer reaction has been extremely positive and bodes well for future sales in these highly active areas.

Northstar's recent marketing efforts have included exhibiting at FISH EXPO in Providence, Rhode Island, FISH EXPO in Seattle, Washington, and Marine 2000 in St. John's, Newfoundland. Northstar received substantially heightened customer interest for its superior NETMIND system, fueled by increasing international product recognition and global demand.

Commenting on the order, Wilson Russell, President and CEO of Northstar Electronics, remarked, "We are thrilled about furthering our relationship with NOAA. We feel that a repeat order from such a respected US government agency speaks highly of our product. We're quite excited about the interest and opportunities generated by our presence at recent trade shows, and look forward to the continued growth of NETMIND sales in this marketplace."

About Northstar Electronics, Inc.

Northstar Electronics, Inc. is the parent company of both Northstar Network Ltd., a defense and aerospace contractor specializing in advanced electronics manufacturing, fiber optics, microelectronics design, software development and systems integration, and Northstar Technical Inc., a developer of wireless communication systems for underwater applications and a manufacturer of submarine control consoles under contract to Lockheed Martin.

Note: Included in this release are forward looking statements within the meaning of Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and is subject to the safe harbor created by those sections. Although the Company believes the expectations reflected in such forward looking statements are reasonable, it can give no assurance that such expectations reflected in such forward looking statements will prove correct. The Company's actual results could differ materially from those anticipated in the forward looking statements as a result of certain internal and external factors.