News Release

Northridge, CA, October 10, 1995 -- Soligen Technologies, Inc. ("Soligen" or the "Company") announced today that it has closed the minimum of $2.475 million in a private placement. "This is the first closing," said Yehoram Uziel, President and CEO of Soligen. "The proceeds will be used as working capital and to expand our Parts NowTM business, a service which has been very favorably received by the industry."

This private placement was announced in a news release dated June 9, 1995. Utilizing the services of an agent retained on a best effort basis, this private placement is intended to raise $2.475 to $4.125 million. Each unit priced at $55,000 consists of 100,000 common shares and 100,000 warrants to purchase common shares for a period of three years at an exercise price of $1.50 per share. For any investor who purchased 20 or more units, the exercise price of the warrants is $1.00 instead of $1.50. One investor, Edelson Technology Partners, has purchased the requisite 20 units and received $1.00 warrants.

The securities being offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

Soligen's Parts Now service provides customers with a "one stop shop" for metal parts. Short runs as well as production tooling are produced from the customer's CAD file, utilizing Soligen's proprietary Direct Shell Production Casting (DSPC) technology.