Celtron International Announces 337% Increase in Gross Profits, 170% Increase in Revenues and 80% Gross Margins for Quarter Ending June 30, 2004.

MIDRAND, South Africa -- Celtron International, Inc. (OTCBB:CLTR) announced today the financial results for the quarter ended June 30, 2004. During the three-month period ending June 30, 2004 revenues were $926,943 compared to $342,424 for the period ending June 30, 2003, an increase of 170%. Gross profit for the quarter ending June 30, 2004 was $744,956 compared to $170,431 for the quarter ending June 30, 2003, an increase of 337%. This represents an increase in gross margins to 80.3% from 49.7% in the period.

"The significant improvement in our operations was primarily a result of an increase in sales of our Orbtech subsidiary, and the added revenue stream from our MineWorx and KnowledgeWorx operations," said Allen Harington, Celtron's Chief Executive Officer. "Celtron has completed the development phase of several product lines and sales are ramping up ahead of internal estimates. Fiscal 2004 will be a breakout year for Celtron's businesses worldwide," he added.

The Company increased its normal expenses primarily due to increased sales, corresponding sales expenses and an increase in administrative expenses attributable to the recent acquisition of minority operating subsidiaries. This resulted in a pro forma net loss of $174,409 along with a one-time extraordinary expense of $4,071,992 for stock issued in exchange for technology. The net loss applicable to common shareholders was $4,246,331 or ($0.17) per share on 25,289,975 weighted average common shares outstanding.

Celtron International plans to enhance its balance sheet in fall of 2004 with the listing of its Orbtech subsidiary on the Johannesburg Stock Exchange. Additionally, Celtron has announced its PayCell subsidiary will trade publicly in the United States. Both these assets will give Celtron the liquidity to continue its aggressive growth plan in Africa, Europe and the United States.

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 PayCell, Inc., a United States company, of which Celtron owns 100%.

Orbtech has four operating subsidiaries: Orbtech Tracking Systems, Ltd. (Orbtrac), a marketer, seller and distributor of the group's vehicle management, tracking and recovery products; CreditPipe (Pty) Ltd, a mobile E-commerce platform and M-commerce enabler; MineWorx International (Pty) Ltd., a Specialist Mobile Software and System Solutions provider; KnowledgeWorx, an E-learning and skills management company, all of which are 100% owned by Orbtech; and Odyssey Solutions (Pty) Ltd., a 40% subsidiary.

This press release contains statements, which 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., 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.