PO Box 8585, Trenton, New Jersey 08650
105 North Gold Drive, Robbinsville, New Jersey 08691
Phone: 609-259-0099, Fax: 609-259-0077
www.surfacetechnology.com

FOR IMMEDIATE RELEASE

CONTACT:     Teresa Loretangeli, Surface Technology, Inc.
                        609-259-0099, Terri@surfacetechnology.com

GE and Surface Technology, Inc. Enter into Agreement

TRENTON, NJ, January 6, 2003 -- Surface Technology, Inc., a world-recognized leader in electroless nickel products, has entered into a Joint Technology and Market Development Agreement with GE Superabrasives, Inc., for the development of Composite Diamond Coating® Applications.

Composite Diamond Coating® is a patented proprietary process and composition of fine diamond particles in a hard electroless nickel matrix. This innovative coating features:

· Exceptional wear resistance
· Excellent hardness
· Enhanced thermal transfer
· Corrosion resistance
· Applicability to all metals/alloys
· Conformity to all shapes and sizes including non-line of sight applications
· Coverage of entire surfaces or selected critical areas

Composite Diamond Coating® is covered by one or more of the following US Patents, owned by Surface Technology, Inc.; 4,997,686, 5,145,517, 5,300,330, 5,863,616, and 6,306,466 B1

GE Superabrasives, Inc., of Worthington, Ohio, is the world's leading supplier of manufactured diamond, cubic boron nitride and polycrystalline products used in machining, cutting, grinding, polishing and drilling metal, composites, glass, plastics, wood and ceramics.

Surface Technology, Inc. offers a full line of proprietary electroless nickel plating solutions and coating services. The company holds more than ninety patents, which have helped establish its reputation as an innovative leader in the metal finishing industry. This strength has resulted in over forty license agreements with companies around the world including: Allied-Kelite; Atotech; Cloeren Inc., Electrochemicals; Enthone-OMI; OMG Fidelity Chemical; Hitachi; IBM; Kanigen-Japan, Lea Ronal; MacDermid; Olin Hunt; Roehlen Industries; Schering; Shipley, Sirius Technology, and Uyemura.