ALPHA FIBRE INC
8-K, EX-99.1, 2000-11-01
BLANK CHECKS
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EXHIBIT 99.1

                  PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
                           SAFE HARBOR COMPLIANCE STATEMENT
                            FOR FORWARD-LOOKING STATEMENTS

In passing the Private Securities Litigation Reform Act of 1995 (the "Reform
Act"), 15 U.S.C.A. Sections 77z-2 and 78u-5 (Supp. 1996), Congress encouraged
public companies to make "forward-looking statements" by creating a safe
harbor to protect companies from  securities  law  liability  in connection
with forward-looking statements. Alpha Fibre, Inc. ("ALPHA" or the "Company")
intends to qualify both its written and oral forward-looking statements for
protection under the Reform Act and any other similar safe harbor provisions.

"Forward-looking statements" are defined by the Reform Act. Generally,
forward-looking  statements include expressed expectations of future events
and the assumptions on which the expressed expectations are based. All
forward-looking statements  are  inherently  uncertain as they are based on
various expectations and assumptions concerning future  events and they are
subject to numerous known and unknown risks and uncertainties which could cause
actual events or results to differ materially from those projected. Due to those
uncertainties and risks, the investment community is urged not to place undue
reliance  on  written  or  oral  forward-looking  statements  of ALPHA. The
Company undertakes no obligation to update or revise this Safe Harbor Compliance
Statement for Forward-Looking Statements (the "Safe Harbor Statement") to
reflect future developments. In addition, ALPHA undertakes no obligation
to update or revise forward-looking statements to reflect changed assumptions,
the occurrence  of  unanticipated  events  or  changes  to future operating
results over time.



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