PRESS RELEASE: OCTOBER 21, 1997

Majestic Metals Inc., a precision sheet metal manufacturer of components for the Computer Electronics, Medical Electronics and other related industries has installed their second Astro 100 Fully Automated Forming cell and another Amada 358 VIPROS King equipped with a 48x120 Cycle Loader. Both pieces of equipment compliment an existing Astro 100 Automated Forming cell, 358 VIPROS King and other automated Turret Punches and Forming equipment. The equipment purchase has increased capacity in order meet the growing demand by existing customers and new customers alike.

While equipment purchases have been an integral part of the continued expansion of capacity at Majestic Metals, the current growth path and future expansion needs of the company have developed the requirement for 90,000 Sq. Ft. facility. Activities have begun at Majestic Metals towards developing a new facility. The new site has been purchased and the ground is being prepared. First Level engineering documents are complete with construction to begin around December 1997 with an expected completion date of May 1998.

For further information regarding this release or Majestic Metals Inc. in general, Contact Chip Roberts through this web site or by telephone at (303) 288-6855.