Elk River, MN. (August 3, 1999) -- SolarAttic, Inc announced today that it has filed an Offering Statement to raise up to $4.8 Million in capital through the sale of its common stock. A registration statement was filed with the SEC, Minnesota and New York. The Company plans to offer 30,000 shares minimum to 960,000 shares maximum of its common stock for sale directly to the public at $5.00 per share. Final Regulation-A Offering documents were filed with the SEC in reliance upon §230.252 (g) (1), which states: "If there is no delaying notation as permitted by paragraph (g) (2) of this section or suspension proceeding under §230.258, an offering statement is qualified without Commission action on the 20th calendar day after its filing." SolarAttic has talked with the SEC and now expects that its offering will become effective on August 18, 1999. The Company will post all Offering information on its Internet site on that date and expects to begin sales immediately thereafter.

Ed Palmer, SolarAttic's CEO stated: "We now expect that our new offering will become available to all investors in New York and Minnesota after August 18, 1999."

SolarAttic has developed a big piece of the solution to global warming by using all of the heat inside your attic. SolarAttic has discovered how to use this huge untapped heat resource for heating swimming pools, hot water and space. It’s low cost energy, almost free to use! SolarAttic patented this new heating technology. The company’s fourth patent allows this heating technology to be more efficient. In addition, SolarAttic’s technology can control attic ventilation eliminating ice-dams and roof vents. More information can be obtained by contacting Jim Stanley at (612) 441-3440 or by visiting the company’s Internet web site at http://www.solarattic.com.