PRESS RELEASE 1st Shipment From Sumeeko and Engines From Wankel Have Arrived for Miami International Boat Show

There will also be a media launch event in early
2005.

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We have made arrangements for our guests to experience this happening in
the picturesque setting of Biscayne Bay in Miami, at the Miami Beach Wake
Board and WaterSki School.

The Bloomberg 20 will provide rankings of investment banks listed in three
core categories: mergers and acquisition fees, equity and debt underwriting
fees based entirely on deal fees.

About Bloomberg Markets
Bloomberg Markets is a monthly magazine providing insight into financial
executives, the firms where they work, and the companies in which they invest.bloomberg .

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(OTC BB: ECMH)
(www.

Bloomberg Markets Magazine Unveils First-Ever Ranking Of Investment Banking Fees

With the introduction of the Bloomberg 20,
Bloomberg Markets will once and for all put an end to the question of which
bank truly rules the investment banking world.
Bloomberg Markets articles are also available to Bloomberg terminal
subscribers. The new publishing venture will receive
strong advertising support in magazines and other mass media, at newsstands
and through trade events.

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The equipment being utilized to provide
the rides has been manufactured by our partners, Sumeeko and Wankel.
The April issue of Bloomberg Markets will hit newsstands in mid-March.
The BLOOMBERG TERMINAL, also called the BLOOMBERG PROFESSIONAL (R) SERVICE,
and Bloomberg's news services provide reporting, analytics, real-time and
historical pricing, indicative data, multimedia events and electronic
communications 24 hours a day to corporations , professionals, news
organizations, the financial services industry and individuals around the
world . For more
information please visit http://www. HARLEQUIN ENTERPRISES LIMITED is a
wholly owned subsidiary of Torstar Corporation.

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aquaXtremes.

About Bloomberg
Bloomberg L.
In addition, Bloomberg Magazine Group and Bloomberg Press publish magazines
and books for investment professionals. In the first year of production, Harlequin and Record
Publishing plan to publish more than 100 titles and will launch their novels
in two formats. The company publishes 100 titles monthly and
publishes more than 1,000 authors from around the world.

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In its April issue,
Bloomberg Markets will unveil the Bloomberg 20, the only investment bank
ranking by deal fee instead of activity. is the leading global provider of news, data and analysis. It
represents a strong growth opportunity for Harlequin.

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All Parties -- including the media -- that are interested, must register. Last year, Harlequin
sold approximately five books every second.

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We are looking forward to the comments as people will be able to ride this
amazing water craft at the Miami International Boat Show.com

When visiting our booth we will have some product from Xtreme Engines a
wholly owned subsidiary of Aqua Xtremes displaying some of our efficient
Multi fuel engines ranging in size from 407CC to 700 cubic inch, which will
be entering into production this year. TORONTO, Harlequin Enterprises Limited announced
today that effective April 1, 2005, the company will expand its international
operations and will be operating in a joint partnership with Record Publishing
Group, a leading publisher in Brazil.

resources and non retail exhibitions.

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"We had previously licensed our books in Brazil very
successfully."
More than 184 million people live in Brazil, where the literacy rate is
86%.
Since Harlequin's inception, the company has directly expanded its
operations to 18 locations around the world.

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Aqua Xtremes is extremely pleased with the first shipment we have received
from our manufacturing partners.

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Bloomberg Markets is available for sale at all local
Borders and Barnes + Noble bookstores as well as at selected newsstands. BLOOMBERG TELEVISION and BLOOMBERG
RADIO are syndicated to more than 800 affiliates worldwide.

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These
hulls and engines are the first of our production units that we anticipate
delivering, in quantity, over the next couple of months. We are preparing
several of these incredible crafts from this 1st shipment so people will be
able to feel the exhilaration of our production craft.

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Initial
production units will be distributed based on a first-come first-served
basis.

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Certain important
factors could cause results to differ materially from those anticipated by
the forward-looking statements, including the impact of changed economic or
business conditions, the impact of competition, the success of existing and
new product releases, the management of our growth, other risk factors
inherent in the Internet, and extreme sports industries, and other factors
discussed from time to time in reports filed by the company with the
Securities and Exchange Commission."
This new expansion will be led by Managing Director Valeria Chalita who
will be based in Rio de Janeiro.

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Aqua Xtremes Inc. (www. According to Bloomberg Markets, the
Bloomberg 20 provides the most accurate look at M +A activity and the banks
behind it.

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com) is pleased to announce that we have received
our first shipments from Sumeeko Industries and Wankel.wakeboardmiamibeach. Bloomberg's media services include BLOOMBERG NEWS(R), the global news
service that includes more than 1,600 journalists in 103 bureaus worldwide;
BLOOMBERG TELEVISION(R), the 24-hour business and financial network produced
and distributed worldwide on 10 separate channels in seven languages; and
BLOOMBERG RADIO(SM), which provides up -to-the-minute news on XM, Sirius and
WorldSpace satellite radio around the world and on WBBR 1130AM in New York.
"I am delighted to be partnering with Harlequin, a global force in women's
fiction publishing," said Sergio Machado, President and owner of Record
Publishing.

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The times start at 12 noon to 5
pm Friday February 17, 10 am - 5 pm Saturday and Sunday the 18/19.
Bloomberg Markets has a 300,000 worldwide circulation and is published monthly
by Bloomberg News. "This is a powerful combination.

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com).

Cautionary Statement for the Purpose of the Safe Harbor Provisions of the
Private Securities Litigation Reform Act of 1995: Forward-looking
statements in this news release are made under the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. The BLOOMBERG 20 Focuses on Fees, Not Number of Deals

NEW YORK, One of the fiercest battles on Wall
Street every year happens between investment banks clamoring to be counted in
as many deals as possible. All
Bloomberg terminals users also receive Bloomberg Markets . Both formats will be priced
competitively.
HARLEQUIN ENTERPRISES LIMITED is one of the world 's leading publishers of
women's fiction.

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com) a wholly
owned subsidiary of Encompass Holdings Inc .
Registration can be done at our booth # 3019, and/or on our website,
info@aquaxtremes.

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(www.Ag . Distributors and dealers are being asked to reserve their initial
requirements by submitting their orders and deposits.

The country represents more than one third of Latin America's Gross
Domestic Product.

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Harlequin is set to play a leading role in establishing the
North American-style paperback segment in Brazil, as well as publishing in the
already well known digest-style book.

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According to Bloomberg Markets Magazine, inclusion
in as many deals as possible may improve a bank 's ranking, but it doesn't give
a true picture of how much money the bank is earning.P.com.

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encompassholdings .
We have limited times and space available.

Just When You Thought Things Couldn't Get Any Hotter in Brazil ... Harlequin Enterprises Expands Operations to Brazil

"We are very excited about expanding our operations to Brazil,
particularly with such a highly respected publisher and because we know Brazil
is a large and very literate market," said Donna Hayes, Publisher and CEO,
Harlequin Enterprises.

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Its books are published worldwide in 25 languages and sold in
94 international markets .

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Water
transportation which will be leaving the Purdy Street Boat Launch for our
guests, who wish to avail themselves of the opportunity to ride the this
new water craft. Now, through our partnership with Record Publishing Group, we
can bring our stories in a whole new format to this vibrant market .

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