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                SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C.

Litigation Release No. 14784 / January 17, 1996

ACCOUNTING AND AUDITING ENFORCEMENT RELEASE NO. 754 


SECURITIES AND EXCHANGE COMMISSION v. TECHNOLOGY INTERNATIONAL,
LTD., NEIL F. GARFIELD, B.J. THOMAS, KYLE WESTON, ALBERT WESTON
AND DAVID ROCKWELL, Civil Action No. 1:96CV00025 (D.D.C.)

     The Securities and Exchange Commission announced today that
a complaint was filed in the United States District Court for the
District of Columbia against Technology International, Ltd.
(TIL); Neil F. Garfield, TIL's chairman and president; B.J.
Thomas, TIL's Chief Financial Officer; and three of TIL's
salesmen, Kyle Weston, Albert Weston and David Rockwell.  

     The Commission's complaint alleges that the defendants other
than Thomas, acting as unregistered broker-dealers, raised at
least $826,000 from investors through sales of unregistered
securities of TIL, using high-pressure, boiler-room sales
tactics, and by materially misrepresenting TIL's business
activities, prospects, and financial condition.  The complaint
further alleges that TIL's financial statements for the third
quarter of fiscal year 1993 prepared by Thomas were materially
misstated because TIL violated Generally Accepted Accounting
Principles by improperly including assets it did not own and
improperly deferring general and administrative expenses. 

     The complaint alleges violations of the antifraud, broker-
dealer registration, securities registration and reporting
provisions and seeks injunctive relief, disgorgement, prejudgment
interest and civil penalties.