Mr. Andrew Malion reports

SPECTRA PRODUCTS INC. ANNOUNCES STOCK OPTION GRANT

Spectra Products Inc. has granted, pursuant to the company's stock option plan, an aggregate of 220,000 options to a director of the company. Each option entitles the holder thereof to purchase one common share of the company at an exercise price of 15 cents per common share and is exercisable for a period of five years from the date of grant.

About Spectra Products Inc.

Spectra Products is the Toronto-based designer, manufacturer and distributor of wheel end safety products to the transportation industry. These products include Brake Safe, Zafety Lug Lock and Hub Alert, as well as the Termin-8RO line of anti-corrosion and extreme-pressure lubricants, and Optimum Fleet Health, a revolutionary artificial-intelligence predictive and prescriptive vehicle maintenance software.