Corporate Profile for Ellery and James Ltd., dated Oct. 2, 1998.

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Published Date:   Oct. 2, 1998

Company Name:          Ellery and James Ltd.

Address:          1331 Pennsylvania Ave., NW - Suite 720
                  Washington, D.C. 20004

Main Telephone
 Number:          202/293-0600

Internet Home
 Page Address
  (URL)           www.elleryandjames.com
Chief Executive
 Officer:          Michael Williams

Chief Financial
 Officer:          Karl Ware
Investor Relations
 Contact:          Michael Williams
 Business number: 202/293-0600

Public Relations
 Contact:          Michael Williams
 Business number: 202/293-0600
Trading Symbol/
 Exchange:          ELRY

Industry:          Design and Manufacturing of Infrared Components.
Market Makers:          Preston Langley (LEXX)
                  Sharp (SHRP)
                  Baird, Patrick (BPAT)
                  Hill Thompson (HILL)
                  Paragon - Fl (PGON(FL)
                  Int'l Security (ISRC)
                  Kensington (KENS)
                  Wall St. Equities (WSEI)
                  J. Alexander Co. (ALEX)

Company description: Ellery and James Ltd. Corp. was formed to be a technology innovator. The company's focus is to incorporate cutting-edge technologies into practical products for the commercial marketplace and development of the initial product of the Ellery and James Ltd. line, the IR Ring Lite.

The IR Ring Lite provides the first lens that fits virtually any black and white CCTV camera and allows those cameras to produce high-quality images under any lighting conditions. The company will offer products that are driven by market demand in the high-growth electronic sectors including Imaging Technology, Biometrics and PC-based Video Teleconferencing, completely integrated portable imaging systems and Vehicle security systems.

The company utilizes technical product development as well as key strategic relationships with manufacturing firms to enable the products to become available to the end user quickly and with competitive pricing. The company is presently positioned to integrate and design technology in order to provide solutions for the security, law enforcement and corrections industries.