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Non-Tech : SmartStockAdvisor.com

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To: SmartStockAdvsr.com who wrote ()8/17/1999 9:39:00 AM
From: SmartStockAdvsr.com  Read Replies (1) of 223
 
Microphonics Announces New Marketing Venture with DES

NASHVILLE, Tenn., Aug. 17 /PRNewswire/ -- Microphonics (OTC Bulletin Board: MRPS - news; microphonics.com) today announced that their Model A07 ultrasound diagnostic tool has been approved by Detroit, MI based Dealer Equipment and Services (DES) for distribution to four additional DES customers (America Izuzu Motors, Hyundai Motor America, Mitsubishi Motor Sales of America and Nissan Motor Corporation USA).

DES, a division of SPX Corporation, is a leader in the distribution of automobile dealership specialty tools and diagnostic equipment. With the DES approval, the Microphonics model A07 is now a priority for sales and promotion by the more than twenty-five DES field sales personnel throughout the United States. Microphonics has enjoyed a long and prosperous relationship with DES and through cooperative efforts will continue the successful venture.

Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as ``forward-looking statements' for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67 and provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including ``anticipate,' ``believe,' ``intends,' ``estimates,' ``expects,' and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

Contact: Investor Relations:
SmartStockAdvisor.com
619-492-8061, smartstockadvisor@yahoo.com
www.smartstockadvisor.com
SOURCE: Microphonics, Inc.
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