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MB Tech Inc. Completes Agreement with A-Telecom
Thursday November 18, 8:00 am ET
Alliance delivers quality assurance manufacturing, North American licensing rights

LAS VEGAS--(BUSINESS WIRE)--Nov. 18, 2004--MB Tech Inc. (OTCBB:MBTT - News) announced today that they have entered an agreement with A-Telecom Inc of Seoul Korea. A-Telecom is a top tier manufacturer of low noise block converters (LNB) and other satellite system components. The agreement provides for a share exchange, effective December 31, 2004, and cooperation in sales, marketing, production and development of products.
MB Tech will now enjoy the facilities of A-Telecom's 15,000 sq. ft. manufacturing site for its entire flat antenna line of products. The company will co-develop a new Marine Antenna which is in line with the business plan to provide multiple niche market solutions in the marketplace.

The Company's alliances now include Hyundai Digital (set top box) which was previously announced, Teltron (phased array antenna chip aka phase shifter) and now A-Telecom (LNB) together rounding out its go to market strategy on a continuing development and delivery method with best of breed partnerships for its Faserwave line of products.

Hyundai Digital Technology is a leading global developer and supplier of Industry Compliant DVB/MPEG-2 set top box solutions for major DBS service providers. (see www.hdt.co.kr)

The Hyundai agreement sets forth the framework for the two companies to bundle the MB Tech's core Faserwave flat antenna line of products with Hyundai set top box solutions for global consumer markets, including DirecTV.

"MB Tech's Faserwave; flat auto positioning, and phased array line of products is built on our core proprietary tracking board system that uses Satellite Network Identification, GPS technology and sense technology for detecting the signal strength of specific satellites. Faserwave products can now be bundled in existing and new DBS satellite products and solutions for their suppliers and distributors throughout the world," said Hanwook Bae, CEO, MB Tech.

Safe Harbor Act Disclaimer

The statements contained in this release and statements that the companies 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.

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Contact:
MB Tech Inc.
Harry Kay, 702-315-0324
Hanwook Bae, 82-31-757-0275
or
Princeton Research Inc.
J. Michael King, 702-650-3000