U. S. SECURITIES AND EXCHANGE COMMISSION


             Litigation Release No.   16021 /  January  12, 1999

             SECURITIES AND EXCHANGE COMMISSION V. NEW ERA TECHNOLOGIES
             INTERNATIONAL, INC. AND BRENT A. JONES, Civil Action No. 98-
             3009  CAS (SHx) (C.D. Cal.)

                  On January  6, 1999, the Honorable Christina A. Snyder,
             United States District Judge for the Central District of
             California entered a judgment of permanent injunction and
             other relief against Brent A. Jones ("Jones").  The judgment
             permanently enjoins Jones from violating the antifraud
             provisions of the securities laws.  Jones was the former
             president of New Era Technologies International, Inc. ("New
             Era"), a public company now located in St. Joseph, Missouri.

                  Jones consented to the entry of judgment permanently
             enjoining him from future violations of Section 10(b) of the
             Securities Exchange Act of 1934 and Rule 10b-5 thereunder;
             and imposing a civil penalty of $5000.  Jones consented to
             the relief without admitting or denying the allegations set
             forth in the Commission's complaint filed on April 21, 1998.
             The Commission's complaint alleged that Jones violated the
             federal securities laws by misrepresenting to two broker-
             dealer firms that New Era's financial statements were
             audited.  This false information was then incorporated in
             papers submitted to the National Association of Securities
             Dealers to qualify the securities for quotation on the Over-
             the-Counter Bulletin Board.  Some time later, Jones and New
             Era made false statements to shareholders and others
             concerning the company's financial condition. [SEC v. New
             Era Technologies International, Inc. and Brent A. Jones]
             (LR-15718)