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alterna appoints Vice President, Global Sales

CALGARY, January 17, 2002 - alterna™ Technologies Group Inc., the premier global provider of e-finance solutions, announced today that it has appointed A.O. 'J.R.' Clemons, Jr. as Vice President, Global Sales.

"J.R. brings a wealth of international business knowledge and technology sales expertise to the alterna team," said Mark Taylor, Chief Operating Officer. "He will play an important role in helping to make alterna a more customer-focused organization and bringing the message to the market that now, more than ever, global corporations and trading communities need our advanced Internet-based liquidity solutions to help them drive profitability, manage risk and lower costs."

J.R. has an extensive career in international business management and sales for technology companies. Prior to alterna, J.R. was Vice President, Sales with Consonus, the infrastructure provider of data centers and monitored applications. He has also served as Vice President, Worldwide Sales for ABC Technologies and as Senior Vice President, Sales and Strategic Relationships with CFI ProServices. Earlier in his career, J.R. worked in Taiwan while he was Mergers and Acquisitions Coordinator with Hualon Group (semiconductors). He has also held senior positions in operations, HR, corporate administration and legal with ISC Systems Corporation (turnkey financial software systems).

J.R. holds a law degree from Gonzaga University School of Law in Spokane, Washington and a B.A. in Economics from Washington State University.