Business Services Industry
Rhombic Corporation Release to Shareholders; DCM Technology Highlighted
Business Wire, June 4, 1999
VANCOUVER, British Columbia--(BUSINESS WIRE)--June 4, 1999--
Rhombic Corporation (OTC BB:NUKE) announces that the recent release of the acquisition of a method for manufacturing Disperse Composite Materials (DCM), will be the subject of an advertisement this weekend, June 5 and June 6, in the prestigious Barron's magazine.
The DCM technology, acquired from Russian and German scientists, also known as dust plasma, has specific properties of abrasion or wear resistance, friction and catalytic action for high temperature superconductors. DCM also is a potential help in cleaning up nuclear waste dumpsites.
The market response during the past 10 days to the DCM release has resulted in a dramatic increase in both price and volume of the company's securities.
Rhombic Corporation also reports that negotiations now are taking place with several investor groups for a sizeable private placement financing. The company will provide information on this potential financing at a later date.
For further details on Rhombic Corporation, call the company's public relations office at 888/821-6607, or view Web site www.rhombic.com.
Head Office Branch Office
901 - 1212 Howe Street 23120 - 56th Avenue
Vancouver BC Canada V6Z 2M9 Langley, BC Canada VZY 2Z8
Tel 604/683-4884 Tel 604/530-7234
Fax 604/683-4814 Fax:604/530-7235
E-mail: rhombic@direct.ca Web site: www.rhombic.com
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