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Microcap & Penny Stocks : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?

To: GARY P GROBBEL who wrote (2588)	7/1/1999 1:35:00 PM
From: Ev	Read Replies (1) \| Respond to of 3222

Hi Gary, it's encouraging to see you in this, as you usually seem to be at the right place at the right time. That the Fuji site is up and running is good. Ev

To: GARY P GROBBEL who wrote (2588)	7/2/1999 9:57:00 AM
From: Gerald Merna	Read Replies (2) \| Respond to of 3222

(BSNS WIRE) SETO HOLDINGS, Inc. Announces Signing an Agreement With Mr. SETO HOLDINGS, Inc. Announces Signing an Agreement With Mr. Thomas J. K. To, as, Asian Region Consultant, Based in Hong Kong to Identify Potential Candidates for Mergers and Acquisitions Business Editors BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--July 2, 1999--SETO HOLDINGS, Inc. (OTCBB: SETO) announced today the signing of an agreement with a very knowledgeable and experienced merger and acquisition consultant, to find potential companies as partners, joint ventures and acquisitions for SETO HOLDINGS Inc., for the expansion of the fujifab battery product line including manufacturing and trading based companies that compliment the other SETO HOLDINGS Inc. technical product lines. Mr. Pian, the President of SETO HOLDINGS said, "the highly respected Mr. Thomas To has a considerable amount of experience in the manufacturing and marketing of many products in Hong Kong and Main Land China. With his vast amount of contacts, he will be able to identify those companies and products that best suit SETO's needs. This will accomplish a number of things, such as, helping SETO speed up the process to complete the fujifab line of cellular products for the SETOEMALL Internet site and to expand the other product lines for retail and industrial sales. More importantly, to increase our net worth and assets to meet the requirements for a major stock exchange listing." The agreement is on a "commission only basis, upon success" and payable at closing for a Company approved deal. No prepayment, stocks, cash or otherwise will be paid until a deal is completed. SETO HOLDINGS, Inc., formerly Semicon Tools Inc. has been a public Company since 1987 and operates as a broad based technical manufacturer in two major product groupings: Technical products: to industry: inclusive of diamond tools, wafer fab supplies and technical ceramics. Consumer products: cellular phone batteries. "Safe Harbor" statement under the Private securities Litigation Reform Act of 1995 Statements contained in this release which are not historical facts are forward looking statements that involve risks and uncertainties that could cause actual results to differ from projected results. Factors that could cause actual results to differ materially include, among others, economic and political events in or effecting Malaysia, the Company's dependence on the semiconductor industry and other risk factors detailed in the Company's Securities and Exchange Commission filings. --30--flb/ny* CONTACT: Investor Relations: LaGuardia GFS, 1-800-292-1361 email: comercio&riogrande.net.com LaGuardia GFS web site: TwoTrades.com www.DosComercios.com Company web site: www.SETOHOLDIINGS.com www.Stidiamond.com email: stiandecs@aol.com KEYWORD: NEW YORK INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: MINING/METALS CHEMICALS/PLASTICS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com