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To: kentoo who wrote (19721)	5/20/1998 2:01:00 PM
From: Clayton Eley	Respond to of 34592

BLHG news is out and more to come>>> XIN HUI, China--(BUSINESS WIRE)--May 20, 1998--The Chairman of Beacon Light Holding Corporation (NASDAQ OTC BB "BLHG") Jerry Gruenbaum, announced today that the financing is in place for the Company to move forward with the closing of its Joint Venture with Xin Hui Orient Light Company, a company owned by the Chinese Government . The closing of the Joint Venture with this Chinese Government owned company has been scheduled for Friday, the 22nd of May, 1998. This previously announced Joint Venture between Beacon Light, (BLHG), (the managing partner of the Joint Venture), Pinnacle International Corporation and Xin Hui Orient Light Corporation will allow the Company to operate a plastic injection molding factory in the Guang Dong province of the Peoples Republic of China. The factory is currently operational and is producing plastic products. The joint venture partner managing the business of the factory, Pinnacle, has secured potential clients for the factory including those in the Food Supply industry, Governmental parties of various countries, the Forest Products industry and the Medical industry. With this closing, Beacon hopes to fulfill the purchase orders which were discussed in prior press releases. Mr. Gruenbaum and the representatives of Pinnacle are expected to stay in China to attend the closing with various governmental officials, including the Governor of the province. Additional information, including previous press releases, on Beacon Light can be found on the Internet at www.wallstreetdaily.com CONTACT: Jerry Gruenbaum, President Beacon Light Holding Corporation 860/647-4855 Fax: 860/647-4820