Investors

RECENT PRICE: $ .22

SELL TARGET: $ 1.25

INVESTOR ALERT: ERHC enters into joint-venture license agreement
with SCHLUMBERGER LTD (NYSE: SLB, $60) and BAKER HUGHES, INC.
(NYSE: BHI, $40) for seismic data on some of the richest offshore
oil blocks in West Africa, where ERHC controls a huge working interest.

INVESTORS - WE HAVE FOUND THE HIDDEN GEM: (OTCBB: ERHC)

ERHC's joint-venture with SCHLUMBERGER and BAKER HUGHES puts them in
world-class company with these leaders in oil exploration and reservoir
imaging services. The involvement of SLB and BHI reinforces the
$MULTI-BILLION DOLLAR VALUE that has been placed in this offshore
drilling haven. ERHC's goal is to maximize shareholder value from
existing contractual rights, making them a significant player in
this region.

THE BIG MONEY ROLLS IN:

The seismic data from this joint-venture is being made available for
further involvement by the LARGEST OIL COMPANIES IN THE WORLD over
the next 2 weeks!
Bidding wars have already developed between major oil companies such as:
SHELL, CHEVRON/TEXACO, CONOCO, EXXON/MOBIL, PHILIPS, and MARATHON who
are willing to pay $Hundreds of Millions to drill in the oil blocks that
border on ERHC's offshore zones.

STOCK SET TO EXPLODE ON EARNINGS BOOM:

"UPSTREAM", the International Oil and Gas Newspaper considered to be the
equivalent of the "Wall Street Journal" for the Oil Industry, has stated
in a number of articles that EXXON/MOBIL believes that the oil blocks
"housing ERHC's working interest" contain over 8 BILLION BARRELS OF
RECOVERABLE OIL

TAKEOVERS RUNNING RAMPANT . . .

Oil Companies of all sizes have been the target of significant mergers
and takeovers during the past year. Many of these takeovers or buyouts
have occurred due to the value of the acquired Company's offshore oil
holdings in West Africa. One such example is Marathon Oil (NYSE: MRO, $28)
paying $900 MILLION for the West African holdings of CMS Energy
(NYSE: CMS, $23). We believe that ERHC and/or the Company's offshore oil
interests could be the next target of a takeover. This is largely
because of their exclusive right to participate in exploration and production
along with OIL INDUSTRY GIANTS, as these oil blocks are adjacent to Billion
Barrel producing regions!

SPECIAL SITUATION ALERTS' Newsletters offer valuable research for investors.

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This message= has been sent to you as a subscriber of the "Financial Update" in compliance = with our strict anti-abuse regulations. We will continue to bring you val= uable offers on the products and services that interest you most. If you d= o not wish to receive further mailings, please click below and enter your = email at the bottom of the page. You may then rest-assured that you will n= ever receive another email from us again. UNSUBSCRIBE ME PLEASE

Pacel Corporation (OTCBB: PLRP) S= etting the =FFFFFF93Pace of Excellence=FFFFFF94 in Software Production and = Services

Company Name
Current Stock Price
52 Week High
52 Week Low

Pacel Corporation (OTC= BB: PLRP)
$0.0019
$0.134
$0.0009

Investment Highlights

High Growth<= /B> PLRP's total revenues f= or 2001 increased approximately 500% over the year before.
NATO as a Client PLRP has a blanket ordering agreeme= nt with NATO allowing any NATO country to purchase its services.&nbs= p; The company is actively seeking new contracts, and this year rev= enues from NATO contracts alone are expected to reach $1,000,00= 0.
Sta= te of the Art Security Products PLRP's new Data Protector is a groundbreaking cyber security pro= duct so effective that it stops viruses and Intruders that i= t wasn=FFFFFF92t even programmed to stop!
Impressive Synergies PLRP=FFFFFF92s high-quality advanced child-= protection software has won it a strategic alliance with Earthlink (NASDAQ: ELNK) Earth= link, one of the nation=FFFFFF92s leading ISP's, is = offering three months of free Internet service to purchasers of Childwatch = software. This software gives parents complete control over the comput= er and Internet activities of their children.
Suc= cessful Entry into New Markets Recently PLRP has su= ccessfully entered the computer hardware market and has begun su= pplying high quality servers to small and medium sized businesses. T= his demonstrates management=FFFFFF92s constant efforts to provid= e additional value to shareholders and orders are already topping<= B style=3D" "> $500,000.

PLRP's Subsidiaries

Pacel Corpo= ration has come a long way since its 1994 inception and is on pace to b= ecome a premier complete supplier of totally integrated secure = systems. The company is able to offer businesses and home users a wid= e array of hardware, software, and security solutions, which = makes it a convenient one-stop shopping center for anyone seeking = an Internet presence.

PLRP provides all aspects of software engineering and dev= elopment to businesses and home users. They provide design and development, quality a= ssurance, testing, operational support, training and maintenance, whic= h allows PLRP to meet the specific needs of the client. Through its wholly owned subsidiaries Fairfax= Communications Ltd. and EBStor.com, Pacel has been able to expand its offer= ings to a complete range of = services

Fairfax Communications Ltd.

Fairfax = Communications is a wholly owned subsidiary of Pacel Corporation offering s= ervices including System Integration, Software Engineering, and Webs= ite Development. Primarily, this subsidiary provides IT= consulting services, especially to its largest customer NATO= . In addition, Fairfax is an authorized re-seller of Pacel pro= ducts and services in the UK and Europe giving the Pacel= Corporation an established international presence.

EBStor.com

Towards = the end of 1999 Pacel Corporation expanded the company=FFFFFF92s capabi= lities to include web design, e-commerce, database design, development, mainte= nance, and hosting, with its purchase of EBStor.com. It provides cl= ients with a profitable solution for their Internet marketing n= eeds and helps complete Pacel=FFFFFF92s goal of being a complete = service provider.

Excellent Proprietary Software

<= /SPAN>On Oct= ober 16^th, President George Bush formed a new panel to fight internet crime, one of the nation=FFFFFF92s new most serious threats= . Increasingly, it is being noted how vital the country=FF= FFFF92s information systems are to the functioning of business, government and nat= ional defense. PLRP's new Data Protector is a groundbreaking cyber security pro= duct so effective that it stops viruses and Intruders that i= t wasn=FFFFFF92t even programmed to stop! Pacel is positioned = to be a viable player in the nation=FFFFFF92s fight against the rapi= dly growing arena of internet crime. In addition= , since more and more children are surfing the Internet, many pare= nts have become concerned about the material their children are = viewing. Pacel Corporation offers an affordable solution. PLRP's Childwatch Software allows parents to block in= appropriate websites and have complete access and control over the compu= ter activities of their children. PLRP currentl= y leads the National Child Watch Zone Celebrity Committee with endor= sements from CNN=FFFFFF92s Larry King. It i= s believed that Childwatch has enormous potential not only for home u= se but for public libraries and school districts as well.&nbs= p;

Concluding Thoughts About PLRP

With the trust of NATO, a major alliance wi= th one of America's largest ISP's, and a heavily increasing demand for internet security, P= acel has positioned itself to be an industry leader. Management i= s on target to become a complete supplier of state of the = art software, security, and hardware for users desiring an Inter= net presence. Given these circums= tances and its current price at just fractions of a penny, PLRP is = certainly worth a closer look.

DISCLAIMER:
Information within this email contains "forward looking statem= ents" within the meaning of Section 27A of the Securities Act of 193= 3 and Section 21B of the Securities Exchange Act of 1934. Any statem= ents that express or involve discussions with respect to prediction= s, expectations, beliefs, plans, projections, objectives, goals, assumptions or= future events or performance are not statements of historical fact an= d may be "forward looking statements."

Forward looking statements are based on expectations, estimate= s and projections at the time the statements are made that involve a= number of risks and uncertainties which could cause actual resul= ts or events to differ materially from those presently anticipated. = Forward looking statements in this action may be identified through th= e use of words such as "projects", "foresee", "expects", "will,"&nbs= p; "anticipates," "estimates," "believes," "understands" or that by statements i= ndicating certain actions "may," "could," or "might" occur. All in= formation provided within this email pertaining to investing, stocks, se= curities must be understood as information provided and not investment = advice. Emerging Equity Alert advises all readers and subscribers to s= eek advice from a registered professional securities representative befor= e deciding to trade in stocks featured within this email. None of t= he material within this report shall be construed as any kind of investmen= t advice.

In compliance with the Securities Act of 1933, Section17(b), E= merging Equity Alert discloses the receipt of forty million unrestrict= ed shares of PLRP from a third party for the publication of this report = and additional services related to PLRP. Be aware of a= n inherent conflict of interest resulting from such compensation due to o= ur intent to profit from the liquidation of these shares. Shares m= ay be sold at any time, even after positive statements have been mad= e regarding the aforementioned company. All factual information= in this report was gathered from public sources, including but no= t limited to SEC filings, Company Press Releases, and Market Guide. = ; Emerging Equity Alert believes this information to be reliable bu= t can make no guarantee as to its accuracy or completeness. Use of t= he material within this email constitutes your acceptance of these terms.<= SPAN style=3D"FONT-SIZE: 12pt; COLOR: black; ">

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