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FOR IMMEDIATE RELEASE

Contact: Kris Wilk / 905-608-9373 / info@reefnet.ca

Toronto, Canada -- September 27, 2004 -- ReefNet Inc. announces its new product line-up for DEMA Show 2004 today. Continuing its tradition of developing unique, innovative, and functional products for divers, ReefNet is pleased to annouce the following new and updated products:

"H₂YO" Noisemakers

ReefNet's newest product proves that "low-tech" can mean "high-value". The H₂YO Noisemaker is a smart, cheap alternative to tank bangers and other underwater communication devices which are often forgotten or which can malfunction. Shake H₂YO lightly to get the attention of your buddy, or strongly to get the attention of your entire dive group.

H₂YO Noisemakers are available with two distinct sound patterns, and in a variety of popular colours. The built-in stainless-steel eyebolt is sized to easily fasten to a diver's BC, making it impossible to forget. The sound of the H₂YO can be heard underwater at distances of 50 feet or more.

Suggested retail price is $12. Custom labels and colours are available.

"Fishes of the Caribbean" Software and DVD Video

"Fishes of the Caribbean" is ReefNet's flagship electronic reference for Caribbean reef fishes. Now in it's third edition, the product remains the most comprehensive field guide for the region:

- 665 species fully described
- 2500 colour photographs
- 1000 video clips
- 100 minutes of high-quality DVD video
- PLUS a variety of search tools, learning tools, and more

The new third edition is now available in three formats to suit a variety of users and budgets:

- $25 STANDARD DVD (100 minutes of video only)
For users without computers, or for those on a budget.

- $70 STANDARD CD (Software reference w/ photos and video clips)
For computer users without a DVD-ROM drive.

- $75 PREMIUM DVD (Complete software reference + DVD video)
The ultimate package, ideal for both beginners and experts.

All three versions will be on display at DEMA Show, and are available for immediate shipment. Visit booth #1243 for a personal demonstration!

Sensus Pro Data Recorder Updates

ReefNet has been listening to its users over the last two years, and is pleased to announce updated software for its Sensus Pro line of dive data recorders.

New software updates for Windows and Mac OS offer the following new features:

- Log statistics by dive, recorder, or for the entire dive library
- Resizable program window and dive profiles
- Optional dive profile display grid
- Ability to assign custom names to data recorders
- Buddy and Site lists to save time typing common data
- Additional data entry fields (gas mix, weather, ...)

These updates will be available for download in mid-October.

In addition, ReefNet will be previewing Sensus Pro Manager for Pocket PC! SP Manager for Pocket PC will have all the features of the desktop software and will be 100% compatible, making it easy to move files between handheld and desktop platforms.

Sensus Pro Manager is free for all users of ReefNet's Sensus Pro data recorders. The latest versions can always be downloaded from ReefNet's web site: www.reefnet.ca

About ReefNet

ReefNet has been engineering high-tech products for divers, scientists and marine enthusiasts since 1994. Although best known for its Sensus dive data recorders, ReefNet also publishes marine life field guides and manufactures dive accessories including communication devices and optical components. To learn more about ReefNet, visit reefnet.ca or call 1-888-819-REEF.

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If you'd like more information about this topic, or to schedule an interview, please call Kris Wilk at 905-608-9373 or e-mail info@reefnet.ca