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Microcap & Penny Stocks : SETO Semicon Tools Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Due Diligence who wrote (2463)	5/25/1999 4:22:00 PM
From: KZAP	Read Replies (2) \| Respond to of 3222

YeeeHawww! <g> More Yeehawws! Good. I'm glad to see the news already. Isn't this a great week? ;^) Happy investing! KZAP

To: Due Diligence who wrote (2463)	5/25/1999 5:28:00 PM
From: Phatt Jake	Read Replies (1) \| Respond to of 3222

fujifab.com GO SETO OR GO HOME!! PhattJake

To: Due Diligence who wrote (2463)	5/27/1999 9:03:00 AM
From: 2MAR$	Read Replies (1) \| Respond to of 3222

(BSNS WIRE) Seto Holdings, Inc. Announces Signing a MOU, Memorandum of U Seto Holdings, Inc. Announces Signing a MOU, Memorandum of Understanding, with Sonicy Telecom International Business/Technology Editors BRIARCLIFF MANOR, NY--(BUSINESS WIRE)--May 27, 1999-- Seto Holdings, Inc. Announces Signing a MOU (Memorandum of Understanding) with SONICY TELECOM INTERNATIONAL Ltd a Hong Kong manufacturer of CELLULAR PHONE ACCESSORIES TO FORM A JV (JOINT VENTURE) MARKETING COMPANY. SETO Holdings, Inc. (OTCBB:SETO) announced today the signing of an agreement with Sonicy Telecom International Ltd, Hong Kong., a large, high quality accessory manufacturer in China, to form a Joint Venture Marketing Company. The new JV Company to be formed will be based in Hong Kong as, Fuji Sonicy Electronics Ltd. SETO having 51% ownership and Sonicy 49%. The new company Fuji Sonicy Electronics Ltd, will be responsible for the supply of cellular phone accessories such as, traveling chargers, desk top dual band/twin chargers, auto cord chargers, hands free kits, antennas and leather cases. These products will complete the SETO e commerce web site, www.fujifab.com complimenting the fujifab cellular phone batteries, about to be introduced. All products to be marketed under the fujifab brand name. Mr. Pian said, "having control of a joint venture marketing and supply company for the highest quality, lowest cost cellular phone accessories, will fill out the product line for the fujifab batteries on the " SETO E MALL " Internet site" www.fujifab.com and for SETO's nationwide distributor network giving SETO a competitive edge. Additional products are also being developed to further enhance the " SETO E MALL " site and will be announced as they become available. 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 and accessories. "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. --30--kam/ny*