StarTronix International announces staff reduction by StarTronix Inc

Business Wire, March 18, 1997

IRVINE, Calif.--(BUSINESS WIRE)--March 18, 1997--StarTronix International Inc. (OTCBB:STNX) Tuesday announced a layoff of employees by its subsidiary, StarTronix Inc.

In direct line with continuing company efforts to focus on long term goals, the reduction of staff was made in an attempt to bring staffing requirements into line with current needs. This decision was precipitated by the uncertainty in funding which allows the company to meet manufacturing commitments.

James Valle, chief financial officer of StarTronix International, announced, "By reducing staff levels from projected needs to current needs, we believe we will effectively maximize our cash flow from our current limited resources."

According to Greg Gilbert, chief executive officer: "Capital funding which we have been expecting for some time has not been received. We believe it is prudent to reduce our operating overhead, including salaries and wages which represent one-third of the company's overhead costs. The company continues to look for sources of capital.

"We believe the changes the company is making will result in better management controls and allow the company to move forward in its quest to achieve its long term goals."

For further information, contact: Jenny Rex, Investor Relations, 800/700-6711, or www.startronix.com .

CONTACT: StarTronix International

Jenny Rex, Investor Relations

800/700-6711