Audiotech Featured as Weekly Stock Pick at www.WallStreetCorner.com
Audiotech Healthcare Corp.(AUD-CDNX)
November 7, 2002

IDAHO FALLS, Idaho --(BUSINESS WIRE)--Nov. 7, 2002 --Audiotech Healthcare Corporation (OTC:AUDJF-News; TSX-Venture:AUD) (Yahoo AUDJF.PK), a leader in audiological assessment and auditory rehabilitation clinics, is Larry Oakley's Weekly Stock Pick.

Oakley said: "I'm impressed with Audiotech's strategy related to its vision of consolidating the fragmented hearing center industry in the United States. That consolidation makes perfect sense, because of the substantial savings such a consolidation can achieve. The end result could well be an extremely profitable, fast growing situation.

"I'm also impressed with the fact that Audiotech management recognizes this, & is taking steps to make its shares attractive to the U.S. brokerage community. It has already moved to the OTC here in the U.S. It has achieved its listing with Mergent Industrial -- that listing permits brokers in most states to be able to trade Audiotech shares, & demonstrates that Audiotech is a solid, well-run corporation. Audiotech management is actively seeking an SEC approved auditing firm here in the U.S. It appears to be doing everything necessary to support its goal of meeting the requirements for a listing on the new BBX exchange."

He concluded: "I feel Audiotech has everything going for it. During a period after 9/11/2001, while hearing care expenditures temporarily decreased by about 25% in the U.S., & about 20% in Canada, Audiotech's revenues & profits increased significantly -- & that wasn't due to acquisitions. In my opinion, this is an emerging growth company with both the desire & capability to achieve success in the U.S. healthcare industry, & in the U.S. security market. I see Audiotech as a solid, well-run situation with excellent long-term appreciation potential. I suggest you seriously consider it before its plans & strategy are generally recognized."

About WallStreetCorner: Formed four years ago as a venue for the Conservative Speculator newsletter, published since 1987, WallStreetCorner, including Oakley's "Weekly Stock Pick," "Opinion," and "Mid-Week Comment" editorial columns, is now regularly read by investors in 61 countries.

About Audiotech: Audiotech has 11 clinics in Canada and already 3 in the U.S. -- it emerged from the difficult markets of 2000/2001 in a healthy position to move forth with its strategy of consolidating the hearing center/auditory rehabilitation clinic industry. Suitable new acquisition opportunities in the healthcare sector are again becoming plentiful. www.audiotech.org

Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks.




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