U. S. SECURITIES AND EXCHANGE COMMISSION
                               PACIFIC REGIONAL OFFICE
                               LOS ANGELES, CALIFORNIA

             Litigation Release No.  15716  / April  22, 1998

             SECURITIES AND EXCHANGE COMMISSION V. MICHAEL W. CROW, ET
             AL., Civil Action No. 96-1661 S CM (S.D. Cal.)

             On April 20, 1998, the Honorable Edward J. Schwartz, United
             States District Judge for the Southern District of
             California entered a judgment of permanent injunction and
             other relief against Michael W. Crow ("Crow").  The judgment
             permanently enjoins Crow from violating the insider trading,
             antifraud, reporting, recordkeeping, internal control, and
             lying to an auditor provisions of the securities laws.  Crow
             was the former president and board chairman of Wilshire
             Technologies, Inc. ("Wilshire"), a public company located in
             Carlsbad, California.  [SEC v. Michael W. Crow and Peter F.
             Kuebler, Civil Action No. 96-1661 S CM, S.D. Cal.] (LR-
             15144)

             Crow consented to the entry of judgment permanently
             enjoining him from future violations of Section 17(a) of the
             Securities Act of 1933 and Sections 10(b), 13(a),
             13(b)(2)(A) and 13(b)(2)(B) of the Securities Exchange Act
             of 1934 and Rules 10b-5, 12b-20, 13a-13, 13b2-1 and 13b2-2
             thereunder; ordering him to pay disgorgement of $1,248,444
             plus prejudgment interest of $225,773, with the judgment to
             be satisfied by the resolution of a related securities class
             action lawsuit; and barring him from serving as an officer
             or director of a reporting company.  Crow consented to the
             relief without admitting or denying the allegations set
             forth in the Commission's first amended complaint, filed on
             November 1, 1996.  The Commission's amended complaint
             alleged that Crow violated the federal securities laws by
             causing Wilshire to overstate its earnings, to issue
             materially misleading press releases and to file materially
             misleading periodic financial reports with the Commission.

             The Commission alleged in its amended complaint that Crow
             caused Wilshire to overstate its fiscal 1993 second and
             third quarter financial statements by causing Wilshire to
             recognize revenue on conditional sales of two new and
             untested products.  One product, the TrimPatch, was designed
             as an over-the-counter appetite suppressant administered
             through the skin.  The other product, a pipe plug, was
             designed to clean tubing in clean rooms in manufacturing
             facilities.  The Commission further alleged that Crow caused
             Wilshire to overstate its earnings by causing Wilshire to
             improperly  recognize a gain on a related party asset sale
             and an expense deduction on a disputed claim against a
             vendor.  The Commission alleged that, in perpetrating this
             scheme, Crow violated the antifraud provision of Section
             10(b) of the Securities Exchange Act of 1934 ("Exchange
             Act") and Rule 10b-5 thereunder, the reporting provisions of
             Section 13(a) of the Exchange Act and Rules 12b-20 and 13a-
             13 thereunder, the recordkeeping provisions of Section
             13(b)(2)(A) of the Exchange Act and Rule 13b2-1 thereunder,
             the internal control provisions of Section 13(b)(2)(B) of
             the Exchange Act and the lying to the auditors provision of
             Rule 13b2-2 of the Exchange Act.  The Commission also
             alleged that Crow avoided losses of approximately $1.2
             million by trading Wilshire stock while in possession of
             material non-public information about the accuracy of
             Wilshire's financial statements.

             In a related administrative proceeding, the Commission
             entered an order pursuant to Rule 102(e) of the Commission's
             Rules of Practice against Crow and accepted his offer of
             settlement consenting to the entry of the order without
             admitting or denying the findings therein.  The
             administrative proceeding is based on the injunction and on
             Crow's willful violations of the securities laws and denies
             him the privilege of appearing or practicing as an
             accountant before the Commission.