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Neurotech Files 8K Appointing BDO as Auditor.

Business Editors

NEW YORK--(BUSINESS WIRE)--April 12, 2002

Neurotech Development Corporation (OTC BB: NURO) announced today that it has filed form 8K with the Securities and Exchange Commission appointing BDO Shanghai Zhonghua, a member firm of BDO International Inc as auditors

for the company.

BDO International is the 6th largest accounting and consulting firm in the world. The selection of BDO Shanghai is based upon the high concentration of the company's primary business in China. BDO has offices in the countries where Neurotech transacts business inclusive of the United States, Indonesia and South America.

Safe Harbor Language

Certain statements in this news release may constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve known and unknown risks, uncertainties, and other factors. The company has relied upon public and published information in its due diligence.

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