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To: SmartStockAdvsr.com who wrote (43)6/10/1999 9:41:00 AM
From: Mitch  Respond to of 223
 
Microphonics Expands Into New $30 Million Dollar Market
PR Newswire - June 10, 1999 09:31

NASHVILLE, Tenn., June 10 /PRNewswire/ -- Microphonics (OTC Bulletin Board: MRPS) opens a new $30,000,000 market for their Ultraphonic devices.

Product Support International, headquartered in Columbus, OH, today has agreed to market and distribute the Ultraphonics product line throughout the Heavy Construction Machinery market. This will be done through a vast network of appointed dealers, distributors, jobbers and/or product representative organizations. This market is understood to include earth-moving machinery, mining and aggregate processing equipment, highway construction and repair equipment, and asphalt and concrete road material processing plants.

Product Support International will have exclusive representation of Microphonics within this market. Product Support International CEO Jack Maclean explains, "We will make this product as widely known as soon as possible with the guaranteed exposure to this marketplace which we can offer." Product Support International has taken delivery of initial units and will enter into a long-term contract with Microphonics in a marketplace which has been determined to warrant sales in excess of $30,000,000 per year in Ultraphonics Detector Units.

Mr. James Gayle, CEO of Microphonics, stated that "I am very pleased with this new association with Product Support International. It reflects the direction and drive that Microphonics is taking to develop new, large markets for our Ultraphonics detectors."

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.

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

/CONTACT: Investor Relations, SmartStockAdvisor.com, 619-492-8061, or
Product Support International, 614-868-9600/

(MRPS)

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