FF: E3O | OTCQX: ELSRD | TSX.V: ELI       Last: $0.23       Chg: -0.01       Vol: 2000
Forward Looking Statements

Statements in this website including information on all pages, maps, pictures, slideshows, and documents associated with Elissa Resources, including statements relating to the Company's future plans, objectives or expected results, constitute forward-looking statements. These statements reflect the current views and/or expectations of the Company with respect to: expectations concerning completion of the transactions contemplated under the LOI with Spectrum Optix, the potential applications of Spectrum's technologies, the timing and expenditures required to develop such technologies, including development of Spectrum's first prototype vertical, the ability of Spectrum to procure patent or other intellectual property protection for its technologies and to license or enforce such patents, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which Elissa or any of its partners may operate and are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations, including, among others, that: they may not have access to financing on acceptable terms or at all in order to exercise the options under any LOI; the parties may not receive all necessary regulatory approvals; the funding contemplated by the LOI may not be sufficient to substantially develop Spectrum's technologies or to fund the patent process in any or all jurisdictions of interest; Spectrum may fail to complete its first prototype vertical when expected or at all; the conditions to the options may not be otherwise satisfied; the companies may not complete all other necessary documentation; the patent process is lengthy and its outcome cannot be predicted in advance such that the filing of patent applications may not result in Spectrum being granted any patents when expected or at all; some aspects of the technology may not be eligible for patent protection; patent protection is limited to only the legal jurisdictions in which patent applications are filed and successfully prosecuted to issuance; third parties may seek to challenge any patents Spectrum or Elissa may receive or they may have difficulty licensing or enforcing intellectual property rights; and other risks inherent with the patent process, transactions of this type and development of new technologies or the business of Spectrum and/or Elissa. Such forward-looking statements should therefore be construed in light of such factors. Other than in accordance with its legal or regulatory obligations, the Companies are not under any obligation and the Companies expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Elissa Mineral Properties

Resources, Reserves and Mineral Property Descriptions

There are resource estimates and/or descriptions of mineral properties described in this website which may be included on multiple website pages, maps, pictures, slideshows, and documents associated with Elissa Resources which have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and use the terms "mineral reserves" and "mineral resources". Investors are cautioned of the difference between the terms "mineral resources" and "mineral reserves" as "mineral resources" do not have demonstrated economic viability like that of "mineral reserves".

Qualified Person

Mel Klohn, PGeo, Director, an NI 43-101 Qualified Person, supervised the preparation of and verified all technical information contained within this website pertaining to any of Elissa's mineral properties.

Forward-looking statements in relation to mineral properties are based on numerous assumptions and are subject to the risks and uncertainties inherent in Elissa's business, including risks inherent in exploration and development, and uncertainties in connection with anticipated commodity prices, growth of worldwide market demand, exploration capital requirements, length of asset life and availability of qualified personnel, among others. As a result, actual results may vary materially from those described in the forward-looking statements.