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Reduced-Carbohydrate, High-Fiber Cookies Soon Available to West Coast Consumers

FREEHOLD, NJ -- 12/11/2003 -- FACT Corporation (OTC BB: FCTOA), an independent developer and marketer of premium functional food products, today announced that cookies manufactured with its Healthy Lifestyle™ functional premixes should soon be available in the western United States.

A West Coast-based client has advised FACT of its plans to commence manufacturing and marketing two cookie flavors in early 2004. The cookies will likely be offered in a 30-gram serving size, having approximately 110 calories, 3 to 4 grams of digestible carbohydrates and 3 grams of protein per serving.

"It's exciting to see our sweet-goods premixes in an increasing array of retail products," said Jacqueline Danforth, CEO of FACT Corporation. "Our cookie premixes, as do all our products, offer a very attractive nutritional profile to today's consumer. The cookies are very well balanced, focusing predominantly on the numerous benefits of fiber and keeping the digestible carbohydrate content low, while delivering great taste. As with our entire line of products, cookies manufactured using our Healthy Lifestyle™ premix may be ideal for reduced-carbohydrate, weight-loss and low-glycaemic lifestyles."

About FACT Corporation

Headquartered in Freehold, New Jersey, FACT Corporation develops, licenses and sells proprietary functional premixes, formulations and ready to eat products through Food & Culinary Technology Group Inc., a wholly-owned subsidiary. The FACT companies serve clients who manufacture, distribute and market functional food products through a variety of conventional and alternative distribution channels, including branded and private-label retail opportunities, as well as food-service and specialty markets. Visit FACT Corporation online at

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

For further information concerning risks and uncertainties that may affect our future results, please review the disclosures contained in our latest filings with the SEC, including our most recent annual report on Form 10-KSB, our subsequent quarterly reports on Form 10-QSB and our DEF 14C filing on July 7, 2003. Other than as required by federal securities laws, we undertake no obligation to publicly update or revise any of our forward-looking statements, whether as a result of changed circumstances, new information, future events, or for any other reason occurring after the date of this news release.

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