Ablaze Technologies Announces Authorization of Share Repurchase

  
    
  
  
    
      Ablaze Technologies, Inc. (OTC:ABZT), a results oriented internet 
      marketing company, announced today that its board of directors has 
      authorized the repurchase of up to 5 million shares of its common stock.
    
    
      The shares repurchased will become treasury shares, and may be used in 
      the future for general corporate purposes, including share issuance 
      requirements in the context of an acquisition or exchange.
    
    
      As of October 27, 2004, the company had 77,550,000 outstanding shares, 
      and its balance of cash and marketable securities was approximately $1.2 
      million.
    
    
      Any share repurchases may be made, from time to time, in the open 
      market, through negotiated block trades or otherwise. Depending on 
      market conditions and other factors, these repurchases may be commenced 
      or suspended at any time, or from time to time, without prior notice.
    
    
      Ablaze Technologies, Inc. through its OTC Services unit, operates an 
      online investment news network, as well as provides non-invasive, 
      web-based marketing services primarily to other public companies, 
      assisting in brand marketing and investor relations initiatives for 
      those clients. The Company typically receives cash and/or marketable 
      securities as fee income for its marketing and consulting services.
    
    
      For more information about Ablaze Technologies, or to review our 
      complete financial statements and disclosures for the most recent 
      quarter, please visit our homepage at www.AblazeTech.com 
      or on www.Pinksheets.com. You 
      may also want to visit our business presentation pages at www.ProTrading.com. 
      To access FREE Level II Quote Montage, just request a regular quote on 
      Pinksheets.com for ABZT or visit this URL: http://www.pinksheets.com/quote/quote.jsp?symbol=abzt.
    
    
      Certain statements in this news release may contain forward-looking 
      information within the meaning of Rule 175 under the Securities Act of 
      1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are 
      subject to the safe harbor created by those rules. All statements, other 
      than statements of fact, included in this release, including, without 
      limitation, statements regarding potential future plans and objectives 
      of the company, are forward-looking statements that involve risks and 
      uncertainties. There can be no assurance that such statements will prove 
      to be accurate and actual results and future events could differ 
      materially from those anticipated in such statements. Technical 
      complications that may arise could prevent the prompt implementation of 
      any strategically significant plan(s) outlined above. The company 
      cautions that these forward-looking statements are further qualified by 
      other factors. The company undertakes no obligation to publicly update 
      or revise any statements in this release, whether as a result of new 
      information, future events or otherwise.
    
  
Ablaze Technologies, Inc. (OTC:ABZT), a results oriented internet
marketing company, announced today that its board of directors has
authorized the repurchase of up to 5 million shares of its common
stock.

   The shares repurchased will become treasury shares, and may be
used in the future for general corporate purposes, including share
issuance requirements in the context of an acquisition or exchange.

   As of October 27, 2004, the company had 77,550,000 outstanding
shares, and its balance of cash and marketable securities was
approximately $1.2 million.

   Any share repurchases may be made, from time to time, in the open
market, through negotiated block trades or otherwise. Depending on
market conditions and other factors, these repurchases may be
commenced or suspended at any time, or from time to time, without
prior notice.

   Ablaze Technologies, Inc. through its OTC Services unit, operates
an online investment news network, as well as provides non-invasive,
web-based marketing services primarily to other public companies,
assisting in brand marketing and investor relations initiatives for
those clients. The Company typically receives cash and/or marketable
securities as fee income for its marketing and consulting services.

   For more information about Ablaze Technologies, or to review our
complete financial statements and disclosures for the most recent
quarter, please visit our homepage at www.AblazeTech.com or on
www.Pinksheets.com. You may also want to visit our business
presentation pages at www.ProTrading.com. To access FREE Level II
Quote Montage, just request a regular quote on Pinksheets.com for ABZT
or visit this URL:
http://www.pinksheets.com/quote/quote.jsp?symbol=abzt.

   Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act
of 1934, and are subject to the safe harbor created by those rules.
All statements, other than statements of fact, included in this
release, including, without limitation, statements regarding potential
future plans and objectives of the company, are forward-looking
statements that involve risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those
anticipated in such statements. Technical complications that may arise
could prevent the prompt implementation of any strategically
significant plan(s) outlined above. The company cautions that these
forward-looking statements are further qualified by other factors. The
company undertakes no obligation to publicly update or revise any
statements in this release, whether as a result of new information,
future events or otherwise.