Future Technologies, Inc. Changes Name to SE Global Equities Corp.; New Stock Trading Symbol SEGB

OTCBB: FTUT



Apr 20, 2001, 01:00 ET from Future Technologies, Inc.

    HOPKINS, MN, April 20 /PRNewswire/ - Future Technologies, Inc. reports
 that it will change its name to SE Global Equities Corp. effective April 23,
 2001. The Company's new NASD:OTCBB trading symbol will be SEGB (Cusip Number:
 78411U), beginning at market opening on Monday April 23, 2001. The change of
 name was approved by shareholders at the special meeting of shareholders held
 on April 11, 2001.
     The Company also announces that it has granted a total of 1,275,000 stock
 options pursuant to its stock option plan. The options, which do not qualify
 as incentive stock options under the Internal Revenue Code of 1986, were
 issued pursuant to a non-registered offering to offshore officers, directors
 and employees of the Company and its wholly-owned subsidiary, SE Global
 Equities Inc. One-third of the options so granted vest every six months, and
 all of the options will be fully vested at the end of 18 months. Each vested
 option is exercisable for a period of 5 years following the date of issue, at
 an exercise price of $2.00 per share. The options are non-transferable, and
 any shares issued upon exercise of the options may not be offered or sold in
 the United States absent registration or an applicable exemption from
 registration requirements.
 
     On Behalf of the Board of Directors
     of FUTURE TECHNOLOGIES, INC.
 
     "Toby Chu"
     ----------
     Toby Chu
     President & C.E.O.
 
 

SOURCE Future Technologies, Inc.
    HOPKINS, MN, April 20 /PRNewswire/ - Future Technologies, Inc. reports
 that it will change its name to SE Global Equities Corp. effective April 23,
 2001. The Company's new NASD:OTCBB trading symbol will be SEGB (Cusip Number:
 78411U), beginning at market opening on Monday April 23, 2001. The change of
 name was approved by shareholders at the special meeting of shareholders held
 on April 11, 2001.
     The Company also announces that it has granted a total of 1,275,000 stock
 options pursuant to its stock option plan. The options, which do not qualify
 as incentive stock options under the Internal Revenue Code of 1986, were
 issued pursuant to a non-registered offering to offshore officers, directors
 and employees of the Company and its wholly-owned subsidiary, SE Global
 Equities Inc. One-third of the options so granted vest every six months, and
 all of the options will be fully vested at the end of 18 months. Each vested
 option is exercisable for a period of 5 years following the date of issue, at
 an exercise price of $2.00 per share. The options are non-transferable, and
 any shares issued upon exercise of the options may not be offered or sold in
 the United States absent registration or an applicable exemption from
 registration requirements.
 
     On Behalf of the Board of Directors
     of FUTURE TECHNOLOGIES, INC.
 
     "Toby Chu"
     ----------
     Toby Chu
     President & C.E.O.
 
 SOURCE Future Technologies, Inc.