0001062993-04-001788 Sample Contracts

ACQUISITION OF NEW SUBSIDIARY NOT PROCEEDING

K Tronik International Corp • November 9th, 2004 • Power, distribution & specialty transformers

• Company
  K Tronik International Corp
• Filed
  November 9th, 2004
• Industry
  Power, distribution & specialty transformers

Hackensack, New Jersey, November 5, 2004/ - K-Tronik International Corp. (“K-Tronik”) (OTCBB: KTRK) will not be proceeding with its agreement (the “Dacos Agreement”) to acquire 100% of Dacos Technologies, Inc. (the “Target”), a South Korean company.