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MB Tech Comments on Erroneous Press Releases

LAS VEGAS--(BUSINESS WIRE)--Sept. 22, 2004--MB Tech Inc. (OTCBB:MBTT) notes that a press release sent out by Asian Investor Network and others on the web contained false information. MB Tech has been working to defuse the misleading statements as these entities have no direct contact with the company. We have advised authorities of the misrepresentation and initiated complaints with the SEC and other authorities.


We, the management, officers, and directors of the MB Tech organization are available to you and we trust that our doors are open to you via phone and email. Be sure to check and use prudent, realistic evaluation practices when evaluating our company's current and potential future performance.

MB Tech US has entered into a U.S. company Nano Equities World Corp. by agreement with MB Tech. The purpose is for military marketing and sales, worldwide. This organization can create a more active presence on a more hands-on solid foundation for military sales and marketing exclusively. MB Tech acquires 20% of initial issuance of stock of Nano Equities World Corp.

MB Tech has an alliance agreement with Teltron Krs., headed by Dr. Jae Jin Lee (President of Teltron Krs.). With over 90 patents to his credit, Dr. Lee has been a lecturer at MIT and is invited as a guest speaker with CANEUS Convention, represented worldwide by leading interested parties in the field of Nano Science. His involvement with MB Tech and his continued presence are highly revered and hence we will accompany him to this important event.

MB Tech's U.S. Director, Harry Kay, has prominent expertise in worldwide military sales. He and a private organization in the U.S. provide us with the expertise for building our U.S. market presence, on a more hands-on solid foundation for military sales and marketing.

About MB Tech Inc.

MB Tech is a global manufacturer and distributor of electronic components. MB Tech and its subsidiaries produce products for the DBS satellite industry and state of the art RF microwave and communications technologies with consumer and military applications. For more information, refer to the company's Web site at http://www.mbtech.us.

Safe Harbor Act Disclaimer

The statements contained in this release and statements that the company(s) may make orally in connection with this release are not historical fact and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those forward-looking statements, as such statements involve risks and uncertainties that could significantly impact the company's business and the actual outcome and results may differ materially.

Contacts


MB Tech
Harry Kay, 702-315-0324 or 82-31-757-1761
Fax: 82 31 757 1765
or
Princeton Research Inc.
Michael King, 702-650-3000




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