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Tuesday, 01/30/2001 12:47:13 PM

Tuesday, January 30, 2001 12:47:13 PM

Post# of 3216
Score One Inc. Enters Into Letter of Intent to Acquire Jiang Yin Kai Sheng
Copper Clad Laminated Sheet Co. Ltd.


Business Editors

LOS ANGELES--(BUSINESS WIRE)--Jan. 30, 2001--

Additional US$2 Million in Net Profit for Fiscal Year 2001 Anticipated

Score One Inc. (OTCBB:SCRO) announced that it has entered into a
Letter of Intent with Jiang Yin Kai Sheng Copper Clad Laminated Sheet
Co. Ltd. ("Copper Clad Laminated Sheet Co.") to acquire all of the
common stock and business assets of Copper Clad Laminated Sheet Co.,
based on a 5-times price-earning multiple on the projected net profit
of fiscal year 2001, which is expected to be not less than US$2
million.
The specific terms of the transaction are confidential at this
time.
Copper Clad Laminated Sheet Co. is a wholly foreign owned
enterprise established in the People's Republic of China, and is
principally engaged in the manufacture of board materials for printed
circuit board manufacturers. The business assets of Copper Clad
Laminated Sheet Co. that are to be acquired by Score One have an
anticipated value of at least US$10 million.
Commenting on the proposed acquisition of Copper Clad Laminated
Sheet Co., Roy Ho, president and chief executive officer of Score One,
stated, "We anticipate the acquisition of Copper Clad Laminated Sheet
Co. to translate into an increase of US$2 million in our net profit
for fiscal year 2001."
Ho added, "Our anticipated acquisition of Copper Clad Laminated
Sheet Co. symbolizes our commitment to maintaining our edge over the
competition by, amongst other things, expanding and diversifying our
revenue base."

About Score One Inc.

The company manufactures specific application printed circuit
boards (PCBs) including flexible double-sided conductive carbon- and
polyester-based PCBs principally to OEM manufacturers of brand-named
consumer electronics companies such as Sharp, Canon, Citizen and
Samsung, and are certified at ISO 9002 level.
The consumer electronics and telecommunication products include,
and are not limited to, handheld organizers, scientific calculators
and mobile phones.
For the three-month period ended Nov. 30, 2000, Score One's net
income increased 75 percent to $1.7 million as compared to the same
period ended November 1999, while gross profit margin also increased
to 39.2 percent from 22.8 percent in 1999.
The total earning per share of $.09 for the three-month period
ended Nov. 30, 2000, constitutes a significant increase of 50 percent
over the previously reported $.06 for the same period ended Nov. 30,
1999. During the previous six-month reporting period ended Nov. 30,
2000, shareholder equity appreciated by 64 percent from $4.84 million
to $7.95 million.

Forward-looking statements in this release are made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Investors are cautioned that such forward-looking
statements involve risks and uncertainties, including, without
limitation, continued acceptance of the company's products and
technological changes, the company's dependence upon third-party
suppliers, intellectual property rights and other risks detailed from
time to time in the company's periodic reports filed with the
Securities and Exchange Commission.

Financials are at www.sec.gov.

--30--WAM/la* KB/la

CONTACT: Bordwell Financial Group
Angela Bordwell, 805/579-1712
abordy01@yahoo.com

KEYWORD: CALIFORNIA CHINA INTERNATIONAL ASIA PACIFIC
INDUSTRY KEYWORD: HARDWARE MANUFACTURING MINING/METALS EARNINGS
MERGERS/ACQ

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com




*** end of story ***



imo

imho, Jerome

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