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J.A. INDUSTRIES ANNOUNCES ELECTRONIC BALLAST RESEARCH JOINT DISTRIBUTION VENTURE

 NEW YORK, April 29 /PRNewswire/ -- J.A. Industries Inc. (OTC Bulletin Board: JAII) announced that it has entered into negotiations with ETTA Industries Inc. of Boulder, Colo., to develop a joint distribution venture. ETTA Industries Inc. is an electronic ballast research and development company considered to be among the leaders in its field. The venture is intended to facilitate the objectives of each entity: ETTA's being research and development of ballast products and J.A. Industries' being that of manufacturing and sales of ballast products.
 J.A. Industries Inc. has paid, to date, a total of $19,600 towards a royalty agreement with ETTA Industries with the balance of $30,400 to be paid by April 30. The prepaid royalties are in consideration for the granting of ballast licensing to J.A. Industries or its assign.
 J.A. Industries Inc. has entered into the above negotiations and agreement in order to better facilitate its manufacturing agreement with IBI Interbib Invest of Budapest, Hungary. This agreement was entered into Feb. 9 for J.A. Industries to take a significant role in the electronic ballast industry today and into the future.
 -0- 4/29/93 R
 /CONTACT: J.A. Michie, investor relations, of Tiger-Eye Communications, 604-644-8496, for J.A. Industries/
 (JAII)


CO: J.A. Industries Inc.; ETTA Industries Inc. ST: New York, Colorado IN: SU: JVN

SW-LM -- SE012 -- 3000 04/30/93 00:18 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
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