NEW YORK--(BUSINESS WIRE)--July 14, 2004--The Shelron Group Inc. (OTCBB:SHRN - News), a leader in technology innovations dedicated to consumer audiences, today announced that it has submitted patent applications on proprietary elements of the ActivShopper technology. The Company sees certain elements of the ActivShopper technology as foundations for platforms that can lead to many other e-commerce applications in the future and therefore, has delayed its launch pending these filings.
The Company is moving quickly to lock in its unique intellectual property (IP) claims on the technology in order to block potential competition or theft of intellectual property.

"The delays in the launch of ActivShopper, we realize, have been very disappointing to our loyal shareholder base. With the patent filings in place, we anticipate the launch of ActivShopper no later than August 15th," stated Eliron Yaron, CEO.

This revolutionary comparative shopping engine is a simple to use download that resides on the shopper's browser toolbar. ActivShopper automatically scans, locates and compares prices for an item that a shopper has selected at an e-commerce site. ActivShopper presents the best price from thousands of web sites for any item the shopper has chosen.

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