Alyn Corp. Appoints Jon Knartzer Vice President of Operations.

IRVINE, Calif.--(BUSINESS WIRE)--Nov. 3, 1998--Alyn Corp. (Nasdaq: ALYN), a leader in the production of products utilizing Boralyn(R) and other advanced metal matrix composites, Tuesday announced the appointment of Jon Knartzer to the position of vice president of operations.

Knartzer, who has 25 years of metal manufacturing and fabricating experience, will report to Steven S. Price, Alyn's president and chief executive officer. He will be responsible for leading Alyn's operations organization, which is responsible for all production, purchasing, warehousing and transportation.

"We are extremely fortunate to have Jon on board to head-up our operations team," said Price. "Jon has a strong background in product development, design, manufacturing, engineering, and operations, which is a perfect fit with Alyn's current and long-term needs. He is a seasoned leader who is experienced at helping to turn start-up situations into full-blown production operations by working to improve processes, produce high quality/cost effective products, and develop strong organizations. His primary responsibility will be to bring the company's extensive manufacturing facilities fully on-line to meet the rapidly growing needs of our customers."

Knartzer joins Alyn from CoastCast, a leading manufacturer of golf club heads, where he served as vice president of operations, responsible for all operating departments in two U.S. foundries, a newly established foundry in Tijuana, and a finishing facility in Mexicali, Mexico. Knartzer has been extremely effective in developing and implementing both low and high volume metals production capabilities and in system implementations through team building within the operations organization.

Before joining CoastCast, Knartzer was vice president of operations for Enertech, a manufacturer of products for the nuclear power industry. Knartzer also spent three years with Accuride International, as its director of operations and nine years at Fairchild Industries in various senior manufacturing management positions.

Knartzer earned a master of engineering degree from the University of California, Los Angeles and a bachelor of science degree from California State University, Long Beach.

Walter R. Menetrey, who has been executive vice president and chief operating officer of Alyn since 1996 has announced his retirement. Price stated, "Walt has been a tremendous help to Alyn during its formation and we wish him the very best in the future." Menetrey will continue as a director of Alyn.

Alyn Corp. provides customized metal matrix composite solutions to meet the specific product needs of its customers in consumer and industrial markets. The company designs, develops, and manufactures products utilizing its high performance Boralyn(R) material.

For additional information, contact: Richard L. Little, Alyn Corp., 949/475-1525 or e-mail: [e-mail].

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release may contain forward-looking statements that involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements are fluctuations in quarterly operating results, limited historical revenues and prior losses, the company's limited manufacturing history, no assurances of market acceptance of the company's products in commercial quantities, the need for future capital, rapid technological change and new product development, competition and other factors detailed in the company's filings with the Securities and Exchange Commission including its recent filings on Forms 10-K and its registration statement on Form S-3/A, filed with the Commission on July 15, 1998.