Celtron International Announces 452% Increase in Gross Profits, 160% Increase in Revenues and 90% Gross Margins for Quarter Ending September 30, 2004.

MIDRAND, South Africa -- Celtron International, Inc. (OTCBB:CLTR) announced today the financial results for the quarter ended September 30, 2004. During the three-month period ending September 30, 2004 revenues were $1,163,529 compared to $448,091 for the period ending September 30, 2003, an increase of 160%. Gross profit for the quarter ending September 30, 2004 was $1,051,157 compared to $190,513 for the quarter ending September 30, 2003, an increase of 452%. This represents an increase in gross margins to 90% from 42.5% in the period. Due to a non-cash expense of $339,400 for stock based compensation, our $56,320 operating profit has been accounted for as a $283,080 loss for the quarter ending September 30, 2004 compared to a net loss of $205,463 for the quarter ending September 30, 2003.

"The significant improvement in our operations was primarily a result of an increase in sales of our Orbtech subsidiary," said Allen Harington, Celtron's Chief Executive Officer. "Celtron has completed the development phase of several product lines and sales are being booked ahead of internal estimates. Fiscal 2005 will be the 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 ramp up in marketing. This resulted in a net loss of $283,080, instead of a $56,230 net profit, due to a one-time extraordinary expense of $339,400 for stock issued. The net loss applicable to common shareholders was $283,080 or ($0.02) per share on 25,289,975 weighted average common shares outstanding.

Celtron International plans to enhance its balance sheet in early 2005 with the listing of its Orbtech subsidiary on the Johannesburg Stock Exchange. Additionally, Celtron has announced its intention to obtain a NASDAQ OTC bulletin board quotation for Knight Fuller, Inc., its PayCell subsidiary 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 Knight Fuller, Inc., a United States company, of which Celtron owns 93.7%.

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.