PSI TECH PRESS RELEASE 10-09-2000
 

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<P align=left><FONT face="times,times new roman" size="4" color="black"><b>PSI TECH PRESS RELEASE REGARDING THEFT OF COMPANY PROPERTY</b></FONT></P>




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FOR IMMEDIATE RELEASE

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October 9, 2000

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To: The Remote Viewing Community

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From: Dane Spotts CEO, Joni Dourif, President

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RE: Theft of PSI TECH property

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The CEO and president of PSI TECH announced today they are filing a

lawsuit against Mr. Frederick M. Bonsall for theft and illegal conversion of

PSI TECH's confidential and proprietary remote viewing files along with other

personal property taken in the theft.

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On or about July 15, 2000 Frederick M. Bonsall, a former PSI TECH employee,

illegally entered the home of Ms. Joni Dourif, PSI TECH's President and

removed all of PSI TECH's project files. These files which constitute the

bulk of PSI TECH's remote viewing product from 1989 to present, contain

proprietary and confidential projects for which PSI TECH has invested

considerable man-hours to complete. This work product constitutes a major

asset of the company and the Board of Directors are resolved to do whatever

is necessary to seek their return and to punish all involved in this illegal

act.

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A lawsuit is in the process of being filed against Mr. Bonsall and his

affiliates to recover these proprietary files and as well other personal

property taken by Mr. Bonsall in the theft. PSI TECH intends to pursue all

legal remedies available including punitive damages. Anyone involved with Mr

Bonsall regarding the whereabouts and/or the distribution of this proprietary

data may be subject to future amended claims and also be liable for damages.

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Those who wish to provide information regarding this matter and/or the

illegal distribution of PSI TECH's proprietary data may do so by emailing to

the address provided below. PSI TECH is confident that the court will award

considerable damages for this outrageous act as well as punish those

involved to the full extent of the law.

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To respond please email: <a href="mailto:legal@psitech.net">legal@psitech.net</a>





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<font size=1 face="arial, helvetica">© 2000 PSI TECH, Inc. Permission to redistribute granted only if in complete and unaltered form. Technical Remote Viewing (TRV) and the PSI TECH logo are registered trademarks of PSI TECH

International, Inc.

Email webmaster@psitech.net with questions or comments about this site.


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Learning Annex demo session
 

Update: <a href="http://www.psitech.net/news/ap102700.htm">October 27, 2000 Associated Press article</a>