archiv~1: SETI NLAB News Release

SETI NLAB News Release
Wed, 18 Nov 98 11:11:08 EST

Tuesday November 17, 1:05 pm Eastern Time

Company Press Release

NuOncology Labs Engages EBI Securities

1998--NuOncology Labs Inc. (OTC BB:NLAB - news)
announced Tuesday that it has engaged EBI Securities
Corp. to provide consulting services and advice to
NuOncology Labs concerning business and financial
planning, corporate organization and structure,
private and public equity and debt financing,
acquisitions, mergers and other similar business

EBI Securities, a wholly owned subsidiary of
Eastbrokers International Incorporated [Nasdaq:EASEC
- news], is headquartered in Rockville, Md. EBI has
over 20 offices in the United States and 12 offices
located throughout Central and Eastern Europe.

NuOncology Labs Inc. participates in the multi-billion
dollar cancer treatment research and clinical
laboratories industries by supporting the research,
development, testing and licensing of cancer treatments
along with the delivery of predictive tests for the
optimization of contemporary cancer treatment.

Additional corporate and financial information
regarding NuOncology Labs, Inc. is available through
and contained in an information disclosure statement
provided to brokers pursuant to Rule 15c2-11 of the
Securities Exchange Act of 1934 (the ``Act'').

Note: Statements in this document that are not
descriptions of historical facts are forward-looking
and subject to risks and uncertainties.

Actual results could differ materially from those
currently anticipated due to a number of factors,
including risks relating to the early state of
products under development; uncertainties relating to
clinical trials; dependence on third parties; future
capital needs; and risks relating to the
commercialization, if any, of the Company's proposed
products (such as marketing, safety, regulatory,
patent, product liability, supply, competition and
other risks).

NuOncology Labs Inc. trades on the OTC Electronic
Bulletin Board under the symbol "NLAB".

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