Mellon Research, Inc. to Complete Financial Reporting & Retains Investment Banking Firm


SCOTTSDALE, Ariz., July 13, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON) announced today that it is in the process of completing all required reporting documents for a public company including an updated and current 15c-211 and a Form 10Q for the most recent Quarter. And, it anticipates filing these documents within the next 30 days.

"We are also retaining the services of a leading investment banking firm located in New York City to help us to better communicate the value of the company," said Mario Pino, CEO of Mellon Research, Inc. "We are maturing as a company and growing quickly and we want to make sure that we are meeting all regulatory requirements and that we are staying on top of our growth and have and maintain the essential financial controls and operational plans."

About Mellon Research, Inc.

Founded in the fall of 2003 by Mario Pino -- Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via: IPO's, Reverse Mergers, Bridge Capital and or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep(tm) services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public. For more information please contact Mario Pino, CEO, 602.912.5870, 2415 E. Camelback Road, Suite 700, Phoenix, AZ 85016, mellonresearch@aol.com, www.mellonresearch.com

This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.


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