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MTC ELECTRONIC TECHNOLOGIES RECEIVES COMPLAINTS

 RICHMOND, British Columbia, April 19 /PRNewswire/ -- MTC Electronic Technologies Co. Ltd. (NASDAQ: MTCEF) announced today that it has recently received copies of two complaints -- one in California and one in New York -- relating to two purported class action lawsuits against the company, its directors and officers, and others. The company believes that the allegations in both complaints, which essentially repeat allegations that have appeared in the press, are without merit and will be defended vigorously.
 MTC Electronic Technologies Co., Ltd. is a Canadian company headquartered in Richmond, near Vancouver, British Columbia. The company holds interests in joint venture companies that manufacture telecommunications products and will provide telecommunications services in the People's Republic of China. It also manufactures and sell MTC brand and private-label consumer electronics in North America through discount and convenience stores.
 -0- 4/19/93
 /CONTACT: Peter Verrengia or Cindy Carpenter of Fleishman-Hillard, 212-265-9150, for MTC Electronic Technologies Co. Ltd./
 (MTCEF)


CO: MTC Electronic Technologies Co. Ltd. ST: British Columbia IN: CPR SU:

AH-OS -- NY099 -- 7517 04/19/93 15:07 EDT
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Publication:PR Newswire
Date:Apr 19, 1993
Words:174
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