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Dega Moves Ahead: Settlement Reached

12 August 1999

Dega Moves Ahead: Settlement Reached

    SAN LUIS OBISPO, Calif., Aug. 12 -- Dega Technology, Inc.
(OTC Bulletin Board: DEGA) today reported that an out-of-court settlement has
been reached with Spectre Industries, Inc. (OTC Bulletin Board: STND).  Dega
has paid the agreed sum of $160,000 for interest and the $150,000 promissory
note surreptitiously acquired by Spectre in May of this year.
    Dega's Chairman of the Board Robert R. Susnar stated "The merit of Dega's
legal position and our actions has been upheld.  You will recall that Spectre
was attempting to circumvent the shareholder's decision not to merge.  This
circumvention was in the form of an attempted seizure of Dega's intellectual
property through scurrilous means.  It was always Dega's intention to pay this
note, and now this settlement allows Dega to remain focused on the product
development and launch of DegaSource."
    Dega is the developer of DegaSource, a unique cataloguing and e-commerce
search engine for parts identification and procurement.  In addition,
DegaSource will integrate with back office systems for real-time parts
availability from suppliers and encourage business-to-business commerce
throughout the supply chain.
    Dega is dedicated to creating innovative supply chain solutions for the
$172 Billion automotive aftermarket and then proceeding to other parts
intensive and data reliant industries.