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To: rjm2 who wrote (1134)	4/12/2001 9:34:20 AM
From: Bosco	Respond to of 1152

Saturday April 7, 3:07 am Eastern Time Press Release SOURCE: MeltroniX, Inc. MeltroniX Seeks Damages for Defamatory Conduct by Raging Bull Posters SAN DIEGO, April 7 /PRNewswire/ -- MeltroniX, Inc. (OTC Bulletin Board: MTNX - news), Inc. announced today that as a result of a lawsuit filed several weeks ago, the company has discovered the identities of the anonymous internet posters who had been defaming the company. A former employee and individuals whom the company believes have ties to a privately held San Diego based competitor have repeatedly engaged in sending what the company believes to be vicious, defamatory and damaging messages in the Raging Bull MeltroniX chatroom. The company is seeking monetary and punitive damages against these individuals who have masqueraded as investors and have repeatedly denied having been former employees or having been motivated by anything other than investor motivated commentary. The company respects the First Amendment rights of legitimate investors and posters, but finds it necessary to utilize the legal process to stop detractors that are using anonymity as a means to attack the company and its management for personal and financial reasons. The posters may have been stating incorrect and or misleading information about the company or providing company confidential information that, when taken out of context could negatively impact the investment value of the company. In several instances, the posters have engaged in extremely personal attacks that have commingled fact with speculation and have deliberately damaged the professional reputation and abilities of the management team. ``MeltroniX respects the First Amendment Rights that protect the postings of our investors and the Internet's ability to provide a broad based forum for our investors to discuss the company and its progress,'' stated Andrew K. Wrobel, Chairman, President, and CEO of MeltroniX. ``We also believe that these unwarranted attacks against the company were not initiated by our investors, but were the result of a former employee vindictively attacking the company, and a privately held competitor utilizing the Raging Bull to drive down the value of our company. We have been forced, by their actions, to utilize all legal options to hold them legally accountable for their actions. We believe that at this time, the lawsuit, and their identities, are a matter of public record. We have also worked hard to distinguish between those we identify as legitimate investors, and those whose motives are suspect.'' The company reports that it will diligently pursue this action and will continue to distinguish between the legitimate investors and those who conduct themselves in a manner that gives rise to defamatory and libelous allegations. MeltroniX believes in the value of the chat room forum, and encourages its investors to utilize these forums. The company will also continue to monitor the forums in order to ensure that responsible posting continues and to hold those who violate the law, accountable. About MeltroniX MeltroniX is a publicly traded company which supplies high-density semiconductor interconnect solutions focusing on wireless/internet, telecommunication, high band width networks and medical markets. The company provides design, assembly and test services based upon advanced electronic manufacturing technologies including BGA, flipchip, and multi chip modules. Headquartered in San Diego, MeltroniX has on-sight manufacturing facilities including a class 10,000 clean room. Forward-Looking Statement. 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 will lead to future growth, profits, expanding its customer base or increasing revenues with new or current customers. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors including those set forth in the risk factors in its form 10-Q Quarterly Reports and Form 10-K Annual Reports. SOURCE: MeltroniX, Inc.