Mellon Research, Inc. Announces Aggressive Program To Work With Offshore Companies


PHOENIX, April 7, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON), the market leader in providing boutique investment banking services to offshore companies, today announced that it is offering for a limited time only and on a first come first served basis, a no charge consultation with offshore private companies that would like to have an immediate analysis done of their ability to go public via the OTC markets or raise significant amounts of capital.

The analysis process is based partially on the company's proprietary Financial Prep(tm) financial services. These services enable Mellon Research to strategically analyze a company's market position, operational capacities, financial structure and capabilities and more to help them better understand their ability to go public via the OTC market here in the U.S. or raise early stage or mezzanine capital.

"Most companies located outside of the United States do not have access to firms such as ours, nor do they have any ability internally to assess the viability of their going public or raising significant amounts of capital," said Mario Pino, CEO of Mellon Research, Inc. "We know several of our competitors charge significant fees on the front end of any investment banking services, and we think there are a large number of companies who do not even look to establish these types of relationships as they are intimidated by the amounts of up front capital that may be required to start the process. We are changing the rules of the game -- we want to aggressively find and work with companies that may not ordinarily have the capacity to work with an established investment banking firm like Mellon Research, Inc."

About Mellon Research, Inc.

Founded in the fall of 2003 by Mario Pino, Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via: IPO's, Reverse Mergers, Bridge Capital and or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep(tm) services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public. For more information please contact Mario Pino, CEO by phone at 602.912.5870, by mail at 2415 E. Camelback Road, Suite 700, Phoenix, AZ 85016, via email at mellonresearch@aol.com, or visit the company's website at www.mellonresearch.com.

This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.


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