***NEWS***
May 21, 1999 09:16
Microphonics Fields Entry in Prestigious Indianapolis 500
NASHVILLE, Tenn., May 21 /PRNewswire/ -- Microphonics (OTC Bulletin Board: MRPS) in association
with Delco-Remy International (NYSE: RMY) and ISM Racing today announced it will be sponsoring a
car in the Indianapolis 500, the greatest spectacle in racing. The car # 36, utilizing a G Force chassis,
will be powered by an Oldsmobile Aurora Indy Racing Engine. Qualifying for the prestigious event will
take place Saturday May 22, 1999, and Sunday May 23, 1999. The race will be broadcast worldwide on
Sunday May 30, 1999.
Bob Hancher, co-owner of ISM Racing, states: "We are very happy that Microphonics will be with us for
the greatest race in the world, the Indianapolis 500. We think it is going to be a great race for them, and
we will certainly do our best in the race not only for our team, but for Microphonics."
Jimmy Gayle, CEO of Microphonics, comments: "We are absolutely thrilled with the prestige and
exposure this will give to Microphonics, Inc. This event represents a high point in our long association
with the automotive industry and racing sector, during which time we have proven the value of our
Ultrasound diagnostic devices to organizations like Ford, General Motors, NASCAR, Arca, and others."
ABOUT MICROPHONICS:
Microphonics, Inc. has developed and is currently marketing a high demand, high-tech mechanical
ultrasound diagnostic known as the Ultraphonic Detector. This hand-held device is so exact that it can
detect a hole half the thickness of a human hair. More practically, it can pinpoint and identify leaks
(pressurized, non-pressurized and vacuum), mechanical malfunctions, and certain electrical problems as
well. Perhaps the most remarkable benefit is that it warns of impending trouble before a costly
malfunction occurs.
In addition, with it's proprietary software, the Microphonics ultrasound detection units are uniquely
"trained" to ignore ambient sounds of noisy factories or engines and only listen to the "signature"
ultrasounds which indicate a potential problem, long before a major breakdown or downtime issue
develops. In-house technicians with only a short one-day training session can expertly monitor
equipment performance and product quality while reducing maintenance and warranty costs.
Current customers include Ford U.S., Ford Europe (through SPX Corp.), General Motors, NASCAR, and
ARCA. Marketing of their products is done by Microphonic's sales force and by three contracted
distribution firms, Jud-Tech Inspections, F&M Mafco, and Day and Associates.
SAFE HARBOR DISCLAIMER:
The matters described herein contain forward-looking statements that are made pursuant to the Safe
Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements
involve a number of risks, uncertainties or other factors beyond the Company's control which could
cause actual results to differ materially from historically results, performance or other expectations and
from any opinions or statements expressed with respect to future periods.
SOURCE Microphonics, Inc.
/CONTACT: Jimmy Gayle or Myles Izikoff, both of Microphonics,
615-871-4000; or Investor Relations - SmartStockAdvisor.com, for Microphonics,
619-492-8061, or smartstockadvisor@yahoo.com/
(MRPS RMY)
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Disclaimer: SmartStockAdvisor. com is a compensated agent of Microphonics, Inc. as of May 18,1999. SSA has been hired to perform press and investor relations for the company and are being compensated as follows: during the first three months of our contract SSA will receive 3K freely trading shares and 2K restricted shares per month; thereafter SSA will receive 5K restricted shares per month, with possible additional restricted shares on a quarterly basis. In addition, the individuals comprising SmartStoc |
