AN OFFICIAL COMMUNIQUE FROM MAGENTALANE MUSIC LTD.

FOR IMMEDIATE RELEASE

(August 19th, 2001)

It is with great pleasure that Klaatu announces the signing of a new Canadian licensing and distribution deal with Bullseye Records Of Canada, Inc. on August 16, 2001 - nearly 25 years to the day since the debut of Klaatu's "3:47 EST" LP.

This new licensing arrangement will allow Klaatu's catalogue to be available again to its continuing fanbase and dedicated followers; Klaatu has long sought to find an outlet in which to re-issue its studio albums as originally presented and Bullseye Records is set to fulfill that vision.

Beginning with the 25th Silver Anniversary Edition of "3:47 EST", on October 23, 2001, a program of restoration in the sound quality, packaging and artwork will commence.

Further re-issues of Klaatu's entire album catalogue will follow throughout 2002/2003 including a boxed set of the band's complete career covering 1973 through 1981.

We feel that this new set of CD interpretations of our musical output will be the definitive word on Klaatu.

Enjoy!

JOHN WOLOSCHUK
DEE LONG
TERRY DRAPER

AND

Jaimie Vernon, Bullseye Records,
http://www.bullseyecanada.com
2171 Avenue Rd., Ste. 200, Toronto, ON
M5M 4B4 (416) 482-3290