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NPS International Polish Units Sign Multi Year Supply Contracts

13 January 1999

NPS International Polish Units Sign Multi Year Supply Contracts

    NEW YORK--Jan. 13, 1999--NPS International Corp., (OTC BB:NPSZ), a publicly traded mergers and acquisitions firm headquartered in upstate New York, announced today that its wholly owned Polish subsidiaries, Metrix Metal and Metrix Tools, have each signed three year exclusive supply agreements with Metrix S.A., a major supplier of domestic and industrial gas meters and white goods in Poland. The contracts, which run through 2001, are valued in total in excess of PLN25,000,000 ($US 7.0 million). Under the contracts, Metrix Metal will continue to provide metal fabrication of parts and components for both the gas meter and white goods divisions at Metrix S.A.; Metrix Tools will provide tooling and tool regeneration services.
    Says NPS International President Michael Wexler, "These multi year exclusive contracts underscore the high quality of workmanship and technical know-how which our Metrix units have acquired over the years. We believe that we're the best at what we do, and we anticipate a healthy increase in orders for both our metal fabrication and tooling businesses over the short to medium term."
    NPS is a publicly traded Company on the NASD Bulletin Board (OTC BB: NPSZ). The Company's Polcorp Industries unit owns Metrix Metal and Metrix Tools, both located in Tczew, Poland. A Delaware Corporation, the Company has administrative offices in Ogdensburg, N.Y., Ottawa, Ontario; and Warsaw, Poland. Metrix Metal and Metrix Tools provide infrastructure manufacturing services to a broad range of domestic and international companies primarily in the automotive, controls and instrumentation sectors.

Note: Forward looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third party suppliers, intellectual property rights and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.