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To: Jane4IceCream who wrote (6606)	7/7/1998 9:40:00 AM
From: Don Powrie	Read Replies (1) \| Respond to of 8798

>>>>NEWS!! Nasdaq: BICO No Reverse Split for Biocontrol PITTSBURGH, July 7 /PRNewswire/ -- Biocontrol Technology, Inc. (Nasdaq: BICO - news) announced today that because of its recent receipt of European marketing approval (CE Mark) for its Diasensor(R) 1000 noninvasive glucose sensor and its ability to readily ship product, it does not plan to do a reverse split of its common stock. CEO of Biocontrol Fred E. Cooper, stated, ''We have thus far resisted a reverse split of our stock because it was not in the best interest of the shareholders, and we are pleased that our recent European marketing approval allows us to avoid such a split.'' Biocontrol Technology, Inc. (http://www.bico.com) has its corporate offices in Pittsburgh, PA and is involved in the development and manufacture of biomedical devices and environmental products.