DONAR ENTERPRISES, INC. ANNOUNCES GROWTH THROUGH ACQUISITION STRATEGY

DONAR ENTERPRISES PLANS TO COMMENCE ACQUISITION STRATEGY IN 30-DAYS

Philadelphia, PA (PRWEB) May 1, 2003 – Donar Enterprises, Inc. (OTC BB: DNRE), a provider of formatting and EDGAR® filing services for companies and individuals that desire to submit electronic filings to the U.S. Securities and Exchange Commission (SEC"), Thursday announced that it will commence a search for suitable acquisition candidates within its industry in the next 30-days.

We believe the current marketplace of established EDGAR filing service providers is highly fragmented, with literally dozens of such providers located throughout the country. As such, we believe that there is an opportunity for a publicly traded EDGAR filing service provider, such as ours, to acquire several, smaller and more established EDGAR filing service providers," said William Tay, president and CEO of Donar Enterprises, Inc.

Tay added, Ideally our candidates should generate between $100,000 and $1 million in annual revenues and be profitable. We expect to acquire companies which complement our position in the industry and which have a customer base that can be expanded."

We expect to make all of our acquisitions using our common stock for the purchase price, thus saving our cash for the expansion activities of the acquired companies."

Donar Enterprises, Inc. is engaged in the business of converting and filing registration statements, periodic reports and other forms of small to mid-sized public companies with the SEC electronically through EDGAR. EDGAR, the SEC's Electronic Data Gathering, Analysis, and Retrieval system, performs automated collection, validation, indexing, acceptance and forwarding of submissions by companies and others who are required by law to file forms with the SEC. Our goal is to become the source of choice for small and mid-sized, public companies for their EDGAR filings.

EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. Donar Enterprises, Inc. and its web sites are not affiliated with or approved by the U.S. Securities and Exchange Commission.

Forward-looking statements in this release are made pursuant to the safe harbor" provisions of the Private Securities Litigation Act of 1995.

Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the companys services, increased levels of competition for the company, lower barriers to entry, new products and technological changes, and other risks detailed from time to time in the companys periodic reports filed with the Securities and Exchange Commission.