NEWS RELEASE

June 18 , 2003
IVU-V UPDATE

INVESTOR RELATIONS

The company has engaged Robert A. Young and Associates to assist with investor relations and corporate development for a minimum period of six months at $5000 per month. A 250,000 share option at $0.40 has also been provided for a two year period subject to regulatory approval.

BY ORDER OF THE BOARD

"Gary Medford, PhD., P.Geo."
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
The company relies on forward-looking statement litigation protection

Trading Symbol: IVU - Canadian Venture Exchange