PEAR's Resin Exceeds FAA Safety Standards

TORONTO -- PEAR Industries(R), a wholly-owned subsidiary of PEAR Technologies, Inc. (OTC BB:PEAR) announces that after 8 years of testing their PEAR(TM) 6365 (PolyEther Amide Resin) has been found to exceed FAA safety standards by 2:1 for use in aircraft insulation applications.

This represents a potential $2.4 billion marketplace for retrofitting insulation on existing aircraft. Under expected FAA regulations, new airline construction will also be required to use these materials, representing significant additional market potential.

PEAR's 6365 resin is resistant to fire, heat and stress, and is easy to form. It is heat resistant and gives off minimal toxic smoke: characteristics that put passengers at less risk during an emergency. An estimated 12,000 jets will need to be retrofitted to meet expected new FAA standards for insulation materials in the cockpit and passenger areas. In addition, these composite materials offer significant cost savings.

PEAR is currently working with North American and European aircraft manufacturers to develop additional applications for their PolyEther Amide Resin.

After 14 years and over $10 million in development costs, PEAR Industries offers the newest generation of advanced polymer resins that are superior replacements for traditional, and more costly materials like steel, aluminum and plastics. PEAR holds the exclusive worldwide rights to PolyEther Amide Resin, which was originally developed by Ashland Chemical for use in strategic defense applications. PEAR has taken this technology and created a low-cost, versatile, and superior alternative to traditional fabricating materials.

The statements contained in this release which are not historical facts contain forward-looking statements with respect to plans, projections or future performance of the company; the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of implementation and the scope and success of the program described here.