Celtron's Subsidiary, Knight Fuller, Approved by NASD OTC Compliance Unit for Quotation of Knight Fuller's Common Stock on OTC Bulletin Board.

MIDRAND, South Africa -- Celtron International Inc.'s (OTCBB:CLTR) subsidiary, Knight Fuller, Inc., announced today that the NASD OTC Compliance Unit has approved the quotation of its common stock on the over-the-counter bulletin board, administered by the NASDAQ Stock Market under the trading symbol, "KNTF."

Celtron, the parent company of Knight Fuller, has expended over $4 million in developing technology that is being used by Knight Fuller under an exclusive license purchased by Knight Fuller for PayCell's mobile credit network. In addition, Knight Fuller is further contributing an additional $812,000 toward the further development of PayCell technology.

"Celtron is very excited about the progress of its operations in the United States. The approval for quotation of our Knight Fuller subsidiary will give PayCell the financial support and media exposure necessary for a nationwide launch in 2005," said Allen Harington, Celtron's Chief Executive Officer.

PayCell was established by Celtron in May 2004 to act as its North and South American subsidiary to sell, distribute and manage its businesses in those markets. Once the acquisition is complete, PayCell, Inc. will offer its mobile payment services to North American customers. According to the Yankee Group, by 2006 over 50 million wireless phone users in the United States will use their devices to authorize payment for premium content and physical goods. This group represents 26% of wireless users in the U.S.

PayCell's Mobile Credit service, utilizes Wireless Internet Gateway (WIG) technology that resides on a GSM Cellular phone's SIM card. This eliminates the need for any web-based banking service or Wireless Application Protocol (WAP). Users receive immediate transaction settlement in their bank account and confirmation is received in seconds via short messaging system (SMS) protocol. Customers are protected from fraud by the Mail Order Telephone Order (MOTO) rule, which gives them the right to dispute a transaction that takes place in the absence of traditional credit card validation. PriceWaterhouseCoopers has audited the architecture of the system and verified that the transactions are both valid and secure.

PayCell will be adding a number of new services to its mobile payment platform. These services include EFT payments, debit order facilities, POS terminal switching, person-to-person payments, and 3DSecure authentication. Businesses will be far better positioned in the e-commerce and mobile commerce debit and credit card acquiring arenas, due in part to the addition of these new services, as well as the price competitiveness of having a direct bank link rather than using intermediary switching partners.

According to Strategy Analytics, the global electronic payments and mobile commerce markets will reach $200 billion by the end of 2004, with 130 million customers and 14 billion mobile transactions per year. Telecom Trends International forecasts that global m-Commerce will balloon to 1.7 billion users with $554 billion in transactions by 2008.

PayCell will provide existing Knight Fuller shareholders the opportunity to participate in these new, large, burgeoning markets, including the mobile commerce industry, and one that will generate substantial shareholder value.

About Celtron International, Inc.

Celtron is in the business of developing and marketing products in Mobile Commerce, Vehicle-locating and Management, Asset Tracking and Telemetry Solutions. Utilizing Cellular & Internet Protocols, WIG, WAP and IVR for Mobile Commerce and Integrated Cellular Data & GPRS with Global Positioning Satellite technology for Vehicle Location and Management, Celtron offers a wide range of Mobile and Mobile Commerce Solutions. Celtron has four subsidiaries: Orbtech Holdings, Ltd., (South Africa), a sub-Sahara holding company, of which the Company owns approximately 70%; Celtron Tracking Systems, Ltd., a United Kingdom company, of which Celtron owns approximately 51%; Credit Pipe Holdings Ltd, a United Kingdom company, of which Celtron owns 100%; and Knight Fuller, Inc., a United States company, of which Celtron owns 93.7%.

This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Celtron International Inc., Knight Fuller, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

For further information, contact Allen Harington; Company President, at + 27 11 652-6350.