Laser Master International, Inc. Announces New President and New Order

Business Wire, Sept 22, 1999

HARRISON, N.J.--(BUSINESS WIRE)--Sept. 22, 1999--

Laser Master International, Inc. (OTC Bulletin Board: LMTI) today announced the appointment of Mr. Abraham Klein to the newly created position of Chief Operating Officer and to the position of President. Previously, Mr. Klein served as Vice President in charge of Operations. He replaces Mr. Mendel Klein as President. Mr. Mendel Klein will remain as Chairman and Chief Executive Officer of the Company.

Mr. Abraham Klein stated that he "is excited about the Company's prospects and expansion of its business through the Internet and related mediums", and further stated that "the Company is developing a business plan and intends to aggressively pursue an e-based business model". As a part of its expansion into the Internet, the Company is developing a web site at www.flexocraft.com, which should be operating in the near future. He further announced that the Company has received an initial order from a distributor specifically for Amazon.com for the production of $1,100,000 of gift wrap/packaging, and that he expected to do additional Amazon business, depending upon the Company's successful completion of the initial order.

ABOUT LMTI

Laser Master International, Inc. uses a computerized laser system for industrial and commercial printing and engraving. It provides a comprehensive array of computerized design, pre-press and flexographic printing services and products for the packaging, apparel and home furnishings markets.

The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties pertaining to customer orders, demand for products and services, development of markets for the Company's products and services and other risks identified in the Company's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.