Nematron Announces 5-for-1 Reverse Stock Split, Name Change and New Stock Ticker Symbol Will Be Effective April 6, 2004; Company Elects New Officers and Directors; Company Completes Asset Sale ANN ARBOR, Mich., April 5 /PRNewswire/ -- Nematron Corporation (BULLETIN BOARD: NMNN) announces that the recently approved five-for-one reverse stock split of its outstanding common shares and the renaming of the Company to Sandston Corporation will take effect at the opening of the market on April 6, 2004. The stock will continue to trade on the OTCBB under the new stock ticker symbol SDON (BULLETIN BOARD: SDON) . The Company announces that it has appointed Mr. Dan Dorman of Dorman Industries LLC as Chairman, CEO and President. Mr. Dorman will also be a Director of the Company. In addition to Mr. Dorman, Mr. Lawrence DeFiore was elected to serve as a Director, with Mr. Matthew Galvez remaining a Director. On March 31, 2004, the Company completed the sale of substantially all of the Company's assets and liabilities to NC Acquisition Corporation, an Ann Arbor, Michigan-based company. NC Acquisition Corporation has been renamed to Nematron Corporation. DATASOURCE: Nematron Corporation CONTACT: Mr. Dan Dorman, Chairman of Sandston Corporation, +1-248-723-3010; or Mr. John Dunlap, Vice-President of Nematron Corporation, +1-734-214-2065 Web site: http://www.nematron.com/

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