News Release

SOLIGEN TECHNOLOGIES REPORTS SOLID GAINS IN THIRD QUARTER OPERATING RESULTS

NORTHRIDGE, CA--February 14, 2000 - Soligen Technology Inc. (OTC BB: SGTN), a rapid manufacturer of complex metal parts using proprietary technology, today reported higher revenues and sharply reduced losses for the three months and nine months ended December 31, 1999.

“Soligen continues to make steady progress by making further inroads with its major customers,” said Yehoram Uziel, Chairman and Chief Executive Officer.  “Soligen has gained wide acceptance as a solutions provider.  Our marketing program, with its emphasis on combining prototype and short run production offerings, is finding growing acceptance in the market place.  We are excited about our company’s outlook.”

For the third fiscal quarter ended December 31, 1999 revenues increased 41%, to $1,862,000, from $1,317,000 in the corresponding year-earlier period.  Gross profit amounted to $549,000, up from $292,000 in the third quarter of fiscal 1999, and gross margins increased to 29% from 22% a year ago.  The net loss fell to $218,000 from $455,000 a year earlier.  Net loss per share was equal to $0.01 in both quarters, based on 33,984,000 and 32,682,000 weighted average number of shares, respectively.

Nine month revenues amounted to $5,230,000, compared to $4,124,000 in the corresponding period of fiscal 1999, a 27% increase.  Gross profit margin rose to 29% for the nine-months, up from 23% a year earlier.  The nine-month net loss amounted to $739,000, or $0.02 per share, compared with a year ago nine-month net loss of $1,373,000, or $0.04 per share.

Combined revenues for Parts Now and DSPC Production in the third quarter of fiscal 2000 totaled $1,693,000, up 56% from the $1,083,000 in combined revenues from these two units recorded a year ago.  Combined revenues for Parts Now and DSPC Production totaled $4,514,000 for the first nine months of fiscal 2000, compared with $3,284,000 a year earlier.  The DSPC Production center is principally involved in the production and sales of short run quantities of cast metal parts made directly from a customer’s CAD file while the Parts Now Center provides “one stop shop” production services, from receipt of a customer’s CAD file through volume production.

 “Our marketing effort now includes seven sales representatives in five cities across the country,” noted Mr. Uziel.  “By focusing on being a solutions provider, we believe we have positioned Soligen to benefit both from our proprietary technology and the demand among many companies to be able to quickly and economically produce production parts. The auto industry, amongst others, is increasing its outsourcing of production parts.  Our capabilities in designing complex engine parts, in a short period of time and at low cost, will enable Soligen to be a beneficiary of this trend.  We see this outsourcing trend in other industries, which is the reason for our optimism.”

Mr. Uziel also said that the recent financing involving the private placement of Series B Convertible Preferred Stock has significantly strengthened the Company’s working capital which totaled $960,000, including cash of $1,287,000 at December 31, 1999.

Soligen is able to rapidly manufacture cast metal parts, bypassing the traditional need for tooling, by employing Soligen’s DSPC® technology.  The DSPC technology is a proprietary fabrication process for metal parts that produces ceramic molds for metal castings directly from a CAD file.  Consequently, it enables postponement of design and the fabrication of expensive and time consuming casting tooling until after the parts are functionally tested, thus increasing the probability of making production tooling once and correctly on the first attempt.  Additionally, Soligen rapidly produces production tooling for larger runs of metal castings from the same CAD file as the approved part.  By combining three key production elements: DSPC® technology, conventional casting methods, and Computerized Numerical Control (CNC) machining practices, the Company has created the first “one stop shop” for functional metal parts that are made directly from a CAD file and that are ready for assembly.  This complete service, trademarked as Parts Now®, has become a single source for rapidly manufactured metal parts.

DSPC® and Parts Now® are registered trademarks of Soligen.

In order to improve communication with shareholders, the Company has created an electronic mailing list.  Any person interested in receiving, via e-mail, announcements, copies of press releases from and about Soligen, please forward your e-mail address to: general@ahscompany.com

Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, timing of development and release of new products by strategic suppliers and customers, the effect of the Company's accounting policies and other risk factors detailed in the Company's most recent annual report and other filings with the Securities and Exchange Commission.

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Contact: Yehoram Uziel, Soligen Technologies, Inc., (818) 718-1221

Email:Yehoram@PartsNow.com

or: Steven S. Anreder/Evan L. Zall, Anreder Hirschhorn Silver &Co., (212) 532-3232