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To: Currency who wrote (6477)4/7/1999 2:43:00 PM
From: VMan  Respond to of 9115
 
MRPS - MOVING ON GOOD NEWS . .

Wednesday April 7, 11:08 am Eastern Time
Company Press Release
Microphonics Corrects and Replaces Previous Contract Summary Announcement,
BW0086, TN-MICROPHONICS
Business Editors & Technology/Automobile Writers

NOTE: The following news release replaces and corrects the

previous Microphonics news release, which ran

earlier Wednesday on Business Wire, BW0086

(TN-MICROPHONICS).

NASHVILLE, Tenn.--(BUSINESS WIRE)--April 7, 1999--

Microphonics Current Contract Summary

The following represents contracts that are already in place with Microphonics (OTC
BB:MRPS) for the year 1999 and beyond. Open & Blanket purchase orders do extend
beyond the year 1999.

Ford US 6553 A07 units placed at Ford dealerships throughout

the U.S. When completed, the contract will have

brought in excess of 1.4 Million to Microphonics.

Ford Europe 9700 A07 units sold through SPX. When completed, the

contract will have brought in excess of 2.1 Million

to Microphonics.

F&M Mafco 1000 111RCK units. When completed, the contract will

have brought in excess of 1.4 Million

to Microphonics.

NASCAR Our contract with NASCAR, which is purchasing

multiple 111RCK units, along with purchases by ARKA,

Busch Series & Truck Series is leading to multiple

purchases from numerous team & automotive dealers

who want to use what the big boys use.

Jud-Tech

Inspections 50 units purchased to date. This ongoing contract

will bring in excess of $500,000 to Microphonics

over the next 12 - 18 months.

General

Motors

Blanket

P.O. This gives Microphonics approved vendor status,

which allows Microphonics to call on G.M. Plants

throughout North America, along with simplifying the

purchasing process. We have already delivered in

excess of $60,000 worth of units and have

appointments with nine more plants over the next 90

days. Following training, we expect these plants to

purchase multiple units.

With the margins we are able to maintain, these contracts and open purchase orders
insure that 1999 will be profitable for Microphonics. We also expect to be adding to
these contracts, along with signing on distributors on a regular basis and will keep our
shareholders well informed.

--------------------------------------------------------------------------------
Contact:

Microphonics, Nashville
Jimmy Gayle or Myles Izikoff, 615/871-4000

--------------------------------------------------------------------------------
More Quotes and News: Microphonics Inc (OTC BB:MRPS - news)



To: Currency who wrote (6477)4/7/1999 2:47:00 PM
From: VMan  Read Replies (2) | Respond to of 9115
 
SETO - Earnings out by END OF WEEK . .

SETO HOLDINGS, INC. (OTC:BB SETO) TO OPEN E-COMMERCE SITE IN
MAY 1999

WWW.SETOHOLDING.COM

Continuing our coverage of SETO Holdings, Inc. (OTC:BB SETO), La Guardia GFS
remains bullish on this stock, and maintains our short-term target of $1.50-$2.00/share,
and $4-$5/share within the next 12 months. A lot of shareholders have expressed
concerns regarding SETO's audited financials for fiscal 1999 (ended Jan 31, 1999). As
Gene Pian has stated more than once over the past 5 days, the delays are due to
regional holidays in Asia, including Chinese New Year. Pian did not expect these
holidays to have such an impact on the timing of the financial audits for SETO's
Malaysian divisions, including FUJI Fabrication,
setoholding.com, SETO's rechargeable battery manufacturer.
In a conference call with Gene Pian in Panang, Malaysia yesterday, Mr. Pian confirmed
that the consolidated financial audits have been COMPLETED, and are in final review,
ahead of being released tomorrow morning. Mr. Pian commented further that the 10K
would be filed roughly 2-3 weeks after the financials are released to the general public,
via a national Press Release through Business Wire.

Mr. Pian further discussed plans for the new e-commerce site to be opened no later
than May 15, 1999 for FUJI Fabrication's cellular phone batteries. Pian stated, "We
have spent the past month developing our pricing strategy. We have seriously evaluated
the competition, and we feel that our prices will be among the most competitive in the
industry, including on-line sales, catalog sales and other retail outlets. We have no desire
to be the cheapest, but out of the top ten companies evaluated, we will be number one
and a half."

SETO has contracted with IMS, Integrated Management Solutions Inc., Armonk N.Y.,
a firm providing computer related services to small and mid sized business requirements
including internet and web site development, customized training, application design and
development, and network engineering. IMS will be responsible for the development of
FUJI's e-commerce site. Joel F. Rado is the founder and President of IMS, and a
SETO board member (see brief resume: setoholding.com. Mr.
Rado has over 25 years of IBM Corporate responsibility and accomplishment in a
broad range of computer and information services.

La Guardia has been compensated by SETO to manage their investor relations ($5k
cash retainer / 150k shares of restricted stock, said stock is restricted until March 12,
2000). In addition to the above listed compensation, La Guardia GFS has purchased in
excess of 150k shares of stock on the open market over the past 30 days, and will
continue to acquire additional shares in SETO as our portfolio management protocol will
allow.

As always, we encourage and recommend highly that any investor do their own due
diligence prior to making any investment, and we do not advocate purchasing shares in
any company based on this recommendation and/or technical analysis alone.

PLEASE CONTACT LA GUARDIA GFS AT 800.292.1361 OR
COMERCIO@RIOGRANDE.NET.MX

WITH ANY QUESTIONS PERTAINING THIS E-MAIL.

To be removed from our mailing list simply send a message to;
remove-doscomercios@lists.doscomercios.com