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To: stu fabian who wrote (41705)	4/6/2000 10:21:00 AM
From: Dave Gore	Respond to of 150070

More nice SETO news (1.96 x 2.00); these guys are growing! Should be a nice long term investment. I'll certainly be buying more during the summer dip season if indeed dips occur. (COMTEX) B: SETO Holdings, Inc. Announces Franchise Expansion Via Sub B: SETO Holdings, Inc. Announces Franchise Expansion Via Subsidiary CTI Communications BRIARCLIFF MANOR, N.Y., Apr 6, 2000 (BUSINESS WIRE) -- SETO Holdings, Inc. (OTCBB:SETO) today announced its franchise agreements via CTI Communications has exceeded the company's expectations and has increased to fifty-two franchises from only fourteen since February 14, 2000. Due to this increase SETO Holdings has increased its expected franchise forecasts from 100 to 150 by the end of the current year. CTI Communications is one of the fastest growing retail chain stores and franchiser throughout Malaysia. CTI has been in business four years selling through company owned retail outlets. The products include cellular phones, batteries and accessories with brand names, such as, Nokia Corporation (NYSE:NOK), Motorola, Inc. (NYSE:MOT), Ericsson, NEC Corporation (Nasdaq:NIPNY), Philips Electronics (NYSE:PHG), Seimens, Alcatel (NYSE:ALA), Sony Corporation (NYSE:SNE), and SAGEM. CTI also manufactures a complete line of leather and vinyl phone cases and designs all CTI's packaging. "This early increase in franchises is a great development for SETO Holdings. We are also currently in negotiations with interested parties to begin franchises in Indoneisa with our CTI MobileWorld franchise. This new market will open up potential consumer reaches into a population greater than ten times of that of Malaysia. The popularity of our franchise operations into Malaysia has the potential to triple revenues to $15 million for the year 2000," said Gene Pian, SETO's President. About SETO Holdings, Inc. Founded in 1975, SETO Holding, Inc. 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; and Consumer products such as cellular phone batteries, rechargeable batteries for uses, consumer electronics and telecommunication devices. Please visit the Company's web sites: www.SETOHOLDINGS.com, www.stidiamond.com, www.ecsceramics.com, www.fujifab.com, www.hk-batteries.com.hk, and www.cticomm.com.my. Included in this release are "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, distribution and competition trends and other market factors. Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved. -0- CONTACT: R.F. Services, Inc. Renee Fisher, 888/882-8383 714/220-2900 rfpres@hotmail.com