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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (3677)	3/4/1999 9:37:00 AM
From: Due Diligence	Read Replies (1) \| Respond to of 52051

SETO news: (BSNS WIRE) Seto Holdings Announced the Expansion of the USA Sales Team Seto Holdings Announced the Expansion of the USA Sales Team for Cellular Batteries by Signing Sales- Representative Agreements With Two Organizations Business Editors BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--March 4, 1999--SETO Holdings, Inc.(OTC BB:SETO)--Mr. Pian , SETO's President, said SETO has signed a sales representative agreement with 7K TECHNOLOGIES INC. of Salem, Utah, USA, for the cellular phone battery packs manufactured in Malaysia at the Fuji Fabrication plant, SETO's wholly owned subsidiary. Stan Kell, president of 7K Technologies Inc. is a well know and respected equipment supplier to the battery industry with many years of sales/marketing experience. Mr. Pian stated that this is just what is needed to support the sales and technical knowledge required for SETO's future USA expansion to the direct selling on the INTERNET and the OEM market. The second agreement is with GM TECHNICAL SALES, Inc. in Minnesota, Gene Montanez president, has long term relationships with major battery distributors in the northern states. A third Rep organization is being reviewed for Canada. STARTING MID MARCH 99 A MONTHLY SETO NEWS LETTER WILL BE POSTED ON OUR WEB SITE. We are continuing to try to improve the information flow to our shareholders. We hope this news letter will keep all our shareholders up to date and enable them to keep informed as to the progress of SETO HOLDINGS. Check it out on the SETO web site in mid MARCH. SETO HOLDINGS, Inc., formerly Semicon Tools Inc. has been a public Company since 1987 and 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. Consumer products: cellular phone batteries. "Safe Harbor" statement under the Private securities Litigation Reform Act of 1995 Statements contained in this release which are not historical facts are forward looking statements that involve risks and uncertainties that could cause actual results to differ from projected results. Factors that could actual results to differ materially include, among others, economic and political events in or effecting Malaysia, the Company's dependence on the semiconductor industry and other risk factors detailed in the Company's Securities and Exchange Commission filings. --30--jb/ny* csm CONTACT: Contacts for Investor Information: Direct to SETO HOLDINGS, Inc. and Parrex Associates, Inc. Paul Alper tel 973 492 2208 fax 973 492 2550 Company web site: www.stidiamond.com / setoholding.com email: stiandecs@aol.com KEYWORD: NEW YORK INDUSTRY KEYWORD: CHEMICALS/PLASTICS COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *