FOR IMMEDIATE RELEASE

November, 2000 -- We launch the eWatermark.com site. In order to prepare a new business that is about digital watermark.

11/29 - 12/1/2000 -- We exhibit to InternetWorld Japan. You can experience our product at the show.

For More Information Contact:

Kowa Company, Ltd.
1735 N. First St., Suite 200
San Jose, CA 95112-4530, USA.
Email: info@ewatermark.com