Oil Optimization Inc. (TSX VENTURE:OOI) ("OOI" or the "Company") today reported
that, in view of the unusual market activity in the common shares of the
Company, the Investment Industry Regulatory Organization of Canada has contacted
the Company in accordance with its usual practice. While it ordinarily does not
comment on market activity or market rumours, OOI confirmed that it is not aware
of any material corporate developments, including without limitation, any
financing activities, which could account for the unusual trading activity.


Forward-Looking Statements

This news release may contain forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and
similar expressions are intended to identify forward-looking information or
statements. More particularly and without limitation, this news release contains
forward- looking statements and information concerning the expected activities
of Oil Optimization. The forward-looking statements and information are based on
certain key expectations and assumptions made by Oil Optimization. Although Oil
Optimization believes that the expectations and assumptions on which such
forward-looking statements and information are based are reasonable, undue
reliance should not be placed on the forward looking statements and information
because Oil Optimization can give no assurance that they will prove to be
correct. By its nature, such forward-looking information is subject to various
risks and uncertainties, which could cause the actual results and expectations
to differ materially from the anticipated results or expectations expressed.
Readers are cautioned not to place undue reliance on this forward-looking
information, which is given as of the date hereof, and to not use such
forward-looking information for anything other than its intended purpose. Oil
Optimization undertakes no obligation to update publicly or revise any
forward-looking information, whether as a result of new information, future
events or otherwise, except as required by law.


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