To: Due Diligence who wrote (5396 ) 4/29/1999 10:06:00 AM From: Frank Fontaine Respond to of 9440
SETO-NEWS!!! (BSNS WIRE) Seto Holdings, Inc. Announces Expanding the Advisory Board Seto Holdings, Inc. Announces Expanding the Advisory Board Business Editors BRIARCLIFF MANOR, NY--(BUSINESS WIRE)--April 29, 1999--SETO HOLDINGS, INC. (OTC BB: SETO) announced today that it has expanded the Advisory Board and Technical support with the addition of Tan Poo Kian (PK) Mr. Pian stated "having know PK for a number of years and the respect he receives in the semiconductor and plating industries in Malaysia, we were delighted that SETO accepted our offer to join the SETO advisory board. As an additional benefit to SETO, PK will give technical support on a weekly basis, to our DTI Technology technical staff in the manufacturing of diamond dicing blades." PK Tan has a Bachelor degree in Chemical Engineering from the University of National Taiwan and various positions since 1980 within the semiconductor industry in Malaysia, such as: Mostek, Motorola, Carsem, IDT, L.S. Technology and most recently, as managing director of ISO Technology, a sub contract, service plating and assembly house for many multi national companies. Mr. Pian said, " PK was instrumental in the organizational requirements for ISO 9002 qualification and certification of ISO Technology. PK recently received the Enterprise 50 Award for 1998, from the International Trade Minister of Malaysia. He was in the top 5, We are confident PK will be a real asset to SETO and will be significant help to support the growth in the diamond blade product line" The 10K is being completed and expected to be filed by Friday April 30, 1999. "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. Contact for Investor Relations: LaGuardia GFS in Monterrey, Mexico and San Luis Potosi, Mexico at toll free 1-800-292-1361 or email at:comercio@riogrande.net.com Company web site: www.SETOHOLDINGS.com or www.stidiamond.com email: stiandecs@aol.com --30--kam/ny* CONTACT: Investor Relations: LaGuardia GFS toll free 1-800-292-1361 or email at:comercio@riogrande.net.com Company web site: www.SETOHOLDINGS.com or www.stidiamond.com email: stiandecs@aol.com KEYWORD: NEW YORK INDUSTRY KEYWORD: BANKING MINING/METALS MANAGEMENT CHANGES 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 ***