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Microcap & Penny Stocks : SLSI - Ready to explode!!!!! -- Ignore unavailable to you. Want to Upgrade?

To: DADEPFAN who wrote (235)	7/20/1999 9:51:00 AM
From: Geoff Altman	Read Replies (1) \| Respond to of 237

This could be the move that we've been waiting for!!!!!!!!!!!!! SLS Announces Interest in Acquiring All Common Stock Of Pacific Design and Construction, Inc. HANOVER, Md., July 20 /PRNewswire/ -- SLS Industries, Inc. (OTC Bulletin Board: SLSI - news) confirmed its interest and intent in acquiring all of the outstanding common stock of Pacific Design and Construction, Inc., a Delaware Corporation (PC&D). PC & D is an energy service company and electrical contractor with a national customer base. SLS Industries, Inc. is currently negotiating with PC&D on the purchase terms of the deal. The purchase shall be an exchange of Eight (8%) percent of the outstanding shares of SLS Industries, Inc., a Nevada Corporation. SLS agrees to provide a mutually agreeable working capital budget for PD&C that will be funded at the date of closing. ''I am truly excited about having PC & D on board,'' said SLS Industries President Richard Pazornik. Their experienced sales and marketing skills will not only allow our products to get wider distribution, but will bring an ongoing revenue stream from their existing operations. This will be a great boost for shareholders.'' ABOUT SLS INDUSTRIES In 1993, SLS Industries, Inc. (SLS) was created as Paradigm Industries, Inc. to develop and market energy efficient power transformers for use in the commercial lighting industry. The Company is a developer of technical advances in the commercial and industrial lighting industry. SLS customers have begun to recognize the Company as the leader in the development and marketing of lightweight, energy efficient electronic transformers for industrial and commercial lighting applications. SLS Industries' products bring high intensity discharge (HID) lighting into the 21st century and will play a leading role in the growth of the fiber optic lighting industry. SLS utilizes state-of-the-art manufacturing technologies and Quality Assurance methods to produce leading edge electronic HID transformers. This release may include ''forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements as a result of certain factors including sales levels, financing, third party suppliers, and competition trends and other market factors.