Kronofusion Announces Director and Employee Stock Options

KRONOFUSION ANNOUNCES DIRECTOR AND EMPLOYEE STOCK OPTIONS

Thursday , March 21, 2002
(No.2002-03-04)
Contact:Aly B. Mawji -- ir@kronofusion.comTel. (604) 684-2181         

Vancouver, BC, Canada - (March 21, 2002) - Kronofusion Technologies Inc. (CDNX: KRO), an emerging provider of wireless and web-based remote access solutions, announces that it has granted, subject to all necessary regulatory and shareholder approvals, incentive stock options to directors, officers, employees and consultants of the Company to purchase in the aggregate 2,500,000 common shares in the capital stock of the Company. The options are exercisable on or before December 10, 2006, at a price of $0.60 per common share.

About Kronofusion
Kronofusion Technologies Inc. (CDNX: KRO) is an independent, full service provider of integrated wireless and web-based remote access solutions. Based in Vancouver BC, Kronofusion provides mobility solutions to wireless carriers and Internet solutions providers. Kronofusions flagship product is AccessPointTM, which allows mobile professionals to remotely access their desktop personal computers from any device with a web-browser. For further information on Kronofusion or AccessPointä, please visit www.kronofusion.com.

On behalf of the Board of Directors,

PRAVEEN VARSHNEY "

Praveen K. Varshney, Director