NEWS RELEASE

PERFECT FRY CORPORATION

PNM, Alberta Stock Exchange

For immediate release

PERFECT FRY RECEIVES SIGNIFICANT ATTENTION FROM LARGE FAST-FOOD CHAINS

Calgary, November 19, 1999 - Perfect Fryers continue to gain acceptance by large fast-food chains. Perfect Fry has just shipped units into the second geographic test location for a significant industry retailer of submarine sandwiches. Also, a second major retail chain has just received a Perfect Fryer which they requested for testing purposes. Along with these high profile retailers the Mandalay Bay Hotel in Las Vegas owns a Perfect Fryer and their executive chef accords it high praise for design and safety.

President & CEO Gary Calderwood said, "Our 1999 fiscal year has just ended with record sales. The year 2000 looks extremely promising considering the continuing developments with major retail chains and the recent interview conducted by the Wall Street Reporter Magazine."

Cindy Horne, Investor Relations:
Tel (403)255-7712
Fax (403) 255-1725
EMail: perfect@canuck.com