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

Kanigen of Japan takes license from Surface Technology, Inc.

Japan Kanigen Co., LTD. has taken a license from Surface Technology, Inc. to sell composite electroless nickel with PTFE

TRENTON, NJ, January 6, 2003 -- Surface Technology, Inc., a world recognized leader in electroless nickel products has granted a license to Japan Kanigen Co., LTD. Under this license Japan Kanigen Co., LTD. will be able to sell its composite electroless nickel with PTFE (Teflon) solutions to customers outside the United States, and these customers will be allowed to export such plated parts into the United States.

Solutions and processes of composite electroless nickel with PTFE are covered by one or more of the following US Patents that are owned by Surface Technology, Inc.; 4,997,686, 5,145,517, 5,300,330, 5,863,616, and 6,306,466 B1. Such coatings provide low friction, self-lubrication, enhanced release, and corrosion resistance; and are widely used in numerous industries.

Japan Kanigen Co., LTD was established in 1955, and began the first electroless plating processing operation in Japan. It currently has over 130 employees at multiple plants and a capitalization of 428,000,000 yen.

Surface Technology, Inc. offers a full line of proprietary electroless nickel plating solutions and coating services. These solutions and coating services are sold to end users and distributors around the world. The company holds more than ninety US and foreign 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.