Surface Tech Inc. to Open Australian Market

    IRVINE, Calif.--July 15, 2003--Surface Tech Inc. (Pink Sheets:SFCI), www.surfacetech.us is now licensing its first alloy wheel repair technicians in Australia. The company has more than 100 licensed techs in more than 250 cities in 32 states in the United States and four provinces in Canada.
    The company's patented wheel repair technology is now being introduced in Sydney, Australia. There are plans for 20 mobile trucks in Sydney and Melbourne in the next 12-18 months. These mobile units will provide the foundation for the introduction of the company's other high demand product services in Australia.
    Surface Tech is the only company that has a patented method to resurface alloy wheels without removing them from the car (U.S. Patent 6,347,444). The company's licensed technicians provide cost-saving solutions for more than 4,000 automobile dealerships, auto auctions and car rental companies (Avis, Hertz, Enterprise, National, Budget and Alamo).
    The company started licensing its process in 1998 and with its employees and licensed technicians billed more than $1 million in 2001, $2 million in 2002 and should have approximately $7 million in gross billings in 2003. Surface Tech plans to double its billings again by the end of 2004. CEO Chris Pittman can be heard in an audio interview located at http://www.hotstockchat.com/sfcipreview.htm.

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