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Non-Tech : Wolf Industries (OTCBB:WLFN)
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To: Amanda Marley-Clarke who wrote (16)4/28/1998 6:58:00 PM
From: Amanda Marley-Clarke  Read Replies (1) of 114
 
Wolf Industries Inc.

News Release 98-03

April 28, 1998 L-WLFN

Wolf Industries Inc. is pleased to announce that it has entered into an agreement with
ANDREW ENGINEERING INC., whereby Andrew Engineering will license a Patent and
transfer all accompanying proprietary knowledge applicable to a certain Dental Color
Analyzer on a world wide basis to the Company.

The Patented Dental Color Analyzer was developed to assist the dental industry by
determining the shades and colors of dental materials used in replacement and/or
restorative work in dentistry, and precisely matching these shades to the original teeth of
patients.

The Dental Color Analyzer is designed to discriminate between the most minute
differences in tooth coloring, and determine the best color match for partial or total
replacement restorative material.

Further, at a Special Meeting of the directors, the following business was completed:

1. The Company's Board of Directors was increased to five members.
2. Mr. Patrick McGowan was accepted by the Board of Directors and was appointed
as President and Chief Executive Officer of the Company.
3. Mr. Allen Schwabe was accepted by the Board of Directors as a Director and was
appointed as Secretary of the Company.
4. Mr. Blair Coady resigned as President, Chief Executive Officer and Secretary,
however remains on the Board of Directors.
5. The Board of Directors agreed to sell its subsidiary 714674 Alberta Ltd.

For additional information contact Amanda Marley-Clarke at 1-888-253-6657.
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