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To: Taki who wrote (128907)	2/24/2004 2:00:21 PM
From: Taki	Read Replies (2) \| Respond to of 150070

SHRN.0093.IN ON THE NEWS OUT. Shelron Group Looks for Merger with Internet Advertising Company Jump to first matched term NEW YORK, Feb 24, 2004 (BUSINESS WIRE) -- The Shelron Group Inc. (OTCBB: SHRN) announced the signing of an agreement with Partners500 to find a strategic partner that will help market its suite of proprietary software. Shelron recently launched ChainReaction, a proprietary software that is bringing about a dramatic change in email advertising. In an effort to strengthen and expand its growing activities in providing solutions for Internet advertising, the Company is looking for an M&A deal. "We see a window of opportunity to capitalize on the growing demand for on-line marketing and advertising technologies. With the right partners, we are confident that we can boost ourselves into a leadership position in the market," notes Shelron's CEO, Eliron Yaron. Shelron's ChainReaction advertising engine for generating e-mail ads uses the power of word-of-mouth marketing and tracking by enabling users to share consumer experiences with their friends. This information is then used to make performance-based on-line advertising. The Company is selling the engine in the US and in Europe, both as a software solution and as a per-campaign service. Shelron's Board of Directors has agreed to seek M&A opportunities valued at up to Two Million Dollars. About Shelron Group Inc. Shelron Group Inc. creates business intelligence (BI) software and E-business marketing solutions and products. The Company's stock is publicly traded and quoted on the OTC Bulletin Board under the symbol SHRN. Further information is available on the Company's website at www.shelrongroup.com. Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties. Shelron Group's actual results could differ materially from those discussed in such forward-looking statements based on a variety of factors. Other risks are reflected in Shelron Group's filings with the Securities and Exchange Commission. SOURCE: Shelron Group Inc. DeMonte Associates Cynthia DeMonte, 212-605-0525 Email: cdemonte@demonte.com Website: www.shelrongroup.com Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. Copyright (C) 2004 Business Wire. All rights reserved