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                          ReDOX TECHNOLOGY CORPORATION
                                 PRESS RELEASE

FOR RELEASE TO: PR NEWSWIRE
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ReDOX TECHNOLOGY CORPORATION PROVIDES
FURTHER INFORMATION ON INDIA PROJECT

October 21, 1999
Houston, Texas - ReDOX Technology Corporation has now provided further
information on its plans for a subsidiary domiciled in India.  In a press
release yesterday, the company announced its impending plans to form ReDOX
Technology Corporation  - India to carry out development of a manufacturing
facility in that country and to appoint Ansul Gupta as Liaison and COO of the
unit.  Today, ReDOX made available a letter, related to its plans that it has
received.  Dated October 5, 1999, from the Office of [the] Minister, (Hill
Region), Government of Uttar Pradesh, India, and pursuant to sustained
discussions and a proposal submitted previously by ReDOX, the letter in
official translation states, in part, "Your proposal has been sent to the
Development Commissioner of the Hill Region which is chaired by the Chief
commissioner for development for the Hill Region...  The department of
development of the Hill Region of Uttar Pradesh, India will do its best to give
you all possible assistance within their powers to enable you to carry out
development activities by your company..."

ReDOX Technology Corporation Chairman Richard A. Szymanski stated, "Obtaining
that communication from the Office of the Minister of the Hill Region of Uttar
Pradesh was a significant step forward in our development plans for the Asian
theatre of ReDOX's business model."  Szymanski indicated that matters had
proceeded beyond the October 15 status, but he declined to provide details,
saying, "Although we have a duty to provide material information in a timely
manner, events are moving quickly on the ground; as such, it is prudent for us
to wait, at least briefly, before further elaboration."

ReDOX Technology Corporation holds proprietary technology for high energy
density storage devices.  The Company's Common stock trades on the
Over-the-Counter (OTC) Electronic Bulletin Board Service of the National
Association of Securities Dealers (NASD) under the symbol RDOX.

SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS:  except for historical information
contained herein, the statements in this press release are forward-looking
statements that are made pursuant to the safe harbor provisions of the Private
Securities Reform Act 1995.  Forward-looking statements involve known and
unknown risks and uncertainties that may cause the Company's actual results in
the future periods to differ materially from forecasted results.

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 Phone: (281) 445-0020     ReDOX TECHNOLOGY CORPORATION    Fax: (281) 445-0022
         340 N. Sam Houston Pkwy E. * Suite 250 * Houston, Texas 77060