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Microphonics Makes Announcement

10 February 1999

Microphonics Makes Announcement

    NASHVILLE, Tenn.--Feb. 10, 1999--Microphonics (OTC BB:MRPS) is pleased to announce that it has entered into a contractual agreement with F&M MAFCO Inc. as a flagship distributor of the Ultraphonics 111RCK Ultrasound diagnostic system.
    F&M MAFCO is a 53 year old company specializing in providing tooling and equipment to the paper, petrochemical, power, steel, heavy construction and industrial maintenance marketplace.
    The contract calls for an initial order of 100 units, 50 of which have already been delivered. A year contract will then take effect, calling for purchase of 75 units per month. The retail price of the 111RCK is $2,950.00.