Article: Lotus Pacific Files Application To Be Listed On NASDAQ National Market.

PISCATAWAY, N.J.--(BUSINESS WIRE)--April 7, 1999--Lotus Pacific Inc. (OTC:LPFC) announced today that it has submitted an application for listing on the NASDAQ National Market and has filed Form 10 with the Security Exchange Commission.

"I believe that our company has taken the necessary steps and is ready to be listed on the NASDAQ National Market," said Jeff Gull, vice president of Lotus Pacific. "Achieving a NASDAQ listing will attract a whole new level of investors to our growing company. This is an important milestone for Lotus Pacific and our shareholders in achieving our goals and objectives."

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