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Microphonics Ends Its Relationship With Smart Stock Advisors

10 January 2000

Microphonics Ends Its Relationship With Smart Stock Advisors

    NASHVILLE, Tenn.--Jan. 10, 2000--Microphonics (OTCBB:MRPS) today reported that as a result of the Company's focus on its strategic plan, it has determined that Company personnel should be responsible for the dissemination of financial and other news and information until the Company becomes compliant with the Securities and Exchange Commission reporting requirements. Based on this change of focus, it has terminated its relationship with Smart Stock Advisors.
    Jimmy Gayle, CEO of Microphonics, states, "We feel that this step is key to executing our strategic plan. We wish Smart Stock Advisors the best and thank them for their assistance over the past five and a half months."
    Certain matters described herein contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the Company's control which could cause actual results to differ materially from our current projections.