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MAST/KEYSTONE & LARGO VISTA INC. ANNOUNCE INTENT TO MERGE; LARGO VISTA INC. TO CONTINUE WORK IN CHINA

 NEWPORT BEACH, Calif., July 21 /PRNewswire/ -- Mast/Keystone, Inc., of Reno, Nev., has entered a Letter of Intent agreement with closely held Largo Vista Inc., giving Largo Vista shareholders control of the optical maker. Mast/Keystone, Inc., currently trades on the electronic bulletin board as MKEY.
 Largo Vista Inc., a 5-year-old development-stage company based in Southern California, is an international development and telecommunications firm with contracts in the People's Republic of China (PRC). They have designed the new Shenzhen/Nanshan Central Business District in Shenzhen, PRC, consisting of 300 acres of waterfront property. Two other projects under way are the International Movie Museum, located within the city and Xinmei Villa -- a 100-home pilot project located 35 miles northwest of Hong Kong.
 "We are pleased to be entering into this agreement with Mast/Keystone," said John Jones, chairman and CEO of Largo Vista Inc. "And, we will continue to impact the international marketplace with high quality products and projects."
 Mast/Keystone manufactures vision testing equipment, random access projectors and air monitoring devices. A subsidiary corporation manufactures video gaming components and machines which are distributed in states where it is licensed.
 The merged company will be called Largo Vista Inc. and will operate out of offices in Newport Beach.
 -0- 7/21/93 R
 /CONTACT: Dan Mendez, Largo Vista, 714-252-2180, Pam Pryor, Largo Vista, 202-833-1663, or Gifford Mast, Mast/Keystone, 702-827-8110/
 (MKEY)


CO: Mast/Keystone, Inc.; Largo Vista Inc. ST: California IN: TLS CPR SU: TNM

DC-TW -- DC044 -- 4155 07/21/93 16:49 EDT
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Publication:PR Newswire
Date:Jul 21, 1993
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