News Release

Northridge, CA, February 13, 1998 -- Soligen Technologies, Inc. (AMEX:SGT.EC) today announced third quarter and nine months results for the period ended December 31, 1997.

For the nine months ended December 31, 1997, revenues rose 40% to $3,685,000, from $2,627,000 for the first nine months of fiscal 1997. Revenues from DSPC^® parts rose 258% from $472,000 to $1,691,000. Core business revenues (combined DSPC and Parts Now^® programs) increased 58% to $2,577,000, over the $1,629,000 reported in fiscal 1997. The company has reduced its net loss by 30% for the nine month period of fiscal 1998, reporting $(868,000), or $(0.03) per share, as compared to $(1,241,000), or $(0.04) per share, for the same period last fiscal year.

For the third quarter of fiscal 1998, ended December 31, 1997, revenues for DSPC parts grew 88% from $282,000 in the third quarter of fiscal 1997 to $529,000. Revenues for Parts Now programs declined from $690,000 to $400,000. Total revenues for the third quarter of fiscal 1998 were $1,188,000, as compared to $1,334,000 in the third quarter of fiscal 1997. Consequently, the loss in the third quarter of fiscal 1998 was $(207,000), or $(0.01) per share, as compared to $(29,000), or $(0.00) per share, in the same period last year.

"The number and average size of new Parts Now programs continues to increase," explained Yehoram Uziel, President and CEO of Soligen Technologies, Inc. "These larger Parts Now programs have a longer cycle of completion, and thus spreading the revenue realization over a longer period of time. This has been critical to the Company's business strategy, resulting in increased backlog over prior period, although in the short term it had a negative impact on immediate shipments. In the last few weeks we have shifted to seven-days a week, three shifts a day operation to accomodate this increased demand."

Soligen has established repeat business with a diverse customer base in the automotive, aerospace, turbine, valve and pump markets. A partial client list includes manufacturing leaders such as Allied Signal, Caterpillar, Cooper, Deere, Delphi, Ford, General Motors, Goulds Pump, ITT, Navistar, Nissan and Sulzer.

During the quarter, the Company settled its lawsuit and counterclaim with A-RPM. As a result, Soligen recognized $152,000 in other income from a reduction in notes payable, net of accrued interest and legal expenses. The net loss for the quarter also includes a $39,000 non-cash compensation expense, for a total of $117,000 in non-cash compensation expenses in the first nine months of the fiscal year.

The Company recently completed a subordinated debt private placement of $200,000 and has expanded the working capital line of credit availability by receiving advances against its increasing international accounts receivable.

Soligen's Direct Shell Production Casting (DSPC) technology is a proprietary fabrication process for metal parts that produces ceramic molds for metal casting directly from a Computer Aided Design (CAD) file. In 1996, Soligen broadened its offerings by combining DSPC with conventional casting and CNC machining practices to offer a "one stop shop" service called Parts Now. This enables to substantially reduce the time and costs of bringing new products to market by quickly fabricating metal parts from the engineer's CAD file. Major applications include rapid manufacturing of functional prototypes and tooling for mass production of parts in a variety of industries including automotive, aerospace, hydraulic and pneumatic pumps and valves, turbines, power generators, and industrial products.

DSPC^® and Parts Now^® are registered trademarks of Soligen Technologies, Inc.

		Three Months Ended		Nine Months Ended
	December 31, 1997	December 31, 1996	December 31, 1997	December 31, 1996
Revenues	$1,188,000	$1,334,000	$3,685,000	$2,627,000
Net Profit (loss)	$(207,000)	$(29,000)	$(868,000)	$(1,241,000)
Net Profit (loss) per share	$(0.01)	$(0.00)	$(0.03)	$(0.04)
Average Number of Shares Outstanding	32,678,634	30,080,540	32,240,344	29,852,400
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, time development and release of new products by strategic suppliers and customers, the effort 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.