To: Due Diligence who wrote (1918 ) 3/19/1999 9:44:00 AM From: Phatt Jake Read Replies (2) | Respond to of 3222
NEWS out this AM: (PR Wires) DJ: SETO Holdings, Inc. Announces La Guardia GFS Selected as DJ: SETO Holdings, Inc. Announces La Guardia GFS Selected as Seto Holdings, Inc. Investor Relations Firm BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)--March 19, 1999--SETO Holdings, Inc. (OTC BB: SETO) announced today that it has selected La Guardia Global Financial Services to provide investor relations and corporate communications services. La Guardia Global Financial Services has been retained to increase the level of communication between management and the Company's shareholders, as well as to raise the overall awareness of the Company within the investment community which it is hoped will expand the Company's shareholder base. "We are extremely pleased to have been selected by SETO Holdings, Inc. to serve as its investor relations counsel, and we believe it's an exciting time to be joining SETO given the recent success of their firm," said Carlos Saldana, Executive Director of La Guardia Global Financial Services. "We have recently completed extensive research on SETO and its subsidiaries, and we have implemented an investor relations plan that targets new institutional investors, as well as individual investors and the media, to inform them about the growth and return on investment currently taking place at SETO." Mr. Pian, President of SETO Holdings, Inc. stated, "La Guardia is the most aggressive firm we have considered for our investor relations, showing excellent strength in the areas of technical analysis, professionalism and attention to detail, meaning attention to shareholder interests. We have signed a long term deal with La Guardia, and have already begun to feel the momentum they are bringing to the table." 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 cause 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. La Guardia Global Financial Services has offices in Monterrey, Mexico and San Luis Potosi, Mexico and can be reached toll free at 1-800-292-1361 or by email at comercio@riogrande.net.mx CONTACT: Direct to SETO HOLDINGS, Inc. Gene Pian, President Tel: 914/923-5000 Fax: 914/923-6225 Company web site: www.SETOHOLDINGS.com www.stidiamond.com email: stiandecs@aol.com 09:00 EST MARCH 19, 1999 *** end of story *** Looks gewd, these guys are finally big enough to get a real IR firm in there to handle the media and shareholders, while they KICK IN THE KA$H!!! GO BIG OR GO HOME!!! PhattJake