Mellon Research, Inc. Announces Tactical Processes for New Companies


SCOTTSDALE, Ariz., Sept. 28, 2004 (PRIMEZONE) -- Mellon Research, Inc. (OTCBB:MLON), the market leader in providing boutique investment banking services to private mid-cap companies, is announcing today that it is moving forward with its diversification plans.

"We have launched our Wall Street Securities, Inc. web site, www.wallstsecurities.com, and are advertising our investment banking services now via our new company and web site," said Mario Pino, CEO of Mellon Research, Inc. "Wall St. Securities is now slated to be the central contact point for all clients that need investment banking services as we move forward. As stated earlier, we will be announcing a new client who we are taking public within the next 7-10 days and anticipate announcing 1-2 other new deals by mid to late October."

"We are also starting to define all of our strategic marketing goals for our Club XTReme which include: brand identification and development, establishing our casino license and negotiating contractual issues with our vendor of choice for our offshore gaming subsidiary, web site development, identification of strategic partners (technology and marketing) and comprehensive marketing launch activities to drive consumer awareness of our online casino and sports book operation. We anticipate helping our subsidiary launch our online casino within the next 30-60 days after we complete the negotiations with vendors who will supply our gaming technology."

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: IPOs, 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 Private 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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