FOR IMMEDIATE RELEASE

Generous Minerva Stock Offer

Special Stock Offer to Our Website Visitors Only

November 1st, 2003 -- Minerva Industries will be offering limited numbers (20 million shares) of the common stock to the individual investor or institution. Based on current market cell-phone trends, and recent market prices of cell-phones, we expect about a minimum of 200 to 500 million dollars royalty incomes annually. And if we go to IPO, we can expect the QualComm Inc., Inter-Digital Comm.'s price range (symbol: QCOM = about $29 = $47 & IDCC: $20 - $27). Because our claim is not limited to CDMA, or WCDMA, it will cover CDMA, WCDMA, TDMA, GSM/GPRS, etc. all of cell or satellite phone handsets.

Our stock prices are as follows, and will be increased every quarter. This offer will expire automatically and without notice when 20 million shares have been sold.

January 2, 2004 to March 30, 2004 -- $1.00 per share
April 1, 2004 to June 30, 2004 -- $1.75 per share
July 1, 2004 to September 30, 2004 -- $3.00 per share
October 1, 2004 to December 30, 2004 -- $4.00 per share

We will only offer 20 million shares (4%) and there is no further offer for at least 2 years or before the IPO.