DISCAS, INC. ANNOUNCES INTENT OF MERGE WITH
                       HARTFORD BASED FUTURAMIK INDUSTRIES


          WATERBURY,  CT,  July 23, 1998 -- Discas,  Inc. (NASDAQ:  DSCS)  today
announced signing  a letter of  intent to merge  with privately  held  Futuramik
Industries, Inc.  of Hartford,  Connecticut.  Terms of the  transaction were not
disclosed.

          Futuramik,  established  in 1958,  is a custom molder of thermoset and
thermoplastic  materials and an owner of molds utilized in the  manufacturing of
proprietary  product lines.  The company's  manufacturing  facility,  located in
Hartford,   includes  sixty  machines   involved  in  injection,   transfer  and
compression  molding.  Futuramik's  diversity of equipment and materials permits
the company to serve a variety of markets  including major  manufacturers in the
electrical, military, consumer and industrial sectors.

         Patrick  A.  DePaolo,  Chairman  and  CEO of  Discas,  commented,  "The
combination of our companies  will  approximately  double our current  revenues,
while creating the potential for many  advantages,  including  substantial  cost
savings through manufacturing and operating efficiencies."

         Joseph J.  Ramondetta,  II,  President  of  Futuramik,  added,  "We are
pleased to be part of this  consolidation  which will  result in a company  that
blends  custom  molding  with  proprietary  product  lines and the benefits of a
recycling and materials distribution business."

         Discas,  Inc.  is  headquartered  in  Waterbury,  Connecticut  and  has
production facilities in Connecticut and New Jersey. The Company is a vertically
integrated  producer of proprietary  plastic and rubber compounds and fabricated
commercial products using a variety of recycled and prime materials. The Company
has  extensive   expertise  in  polymer   technology,   and  has  commercialized
proprietary  formulations used in the manufacturing of products in the footwear,
aeronautic,  military,  automotive and consumer products sectors.  Discas, using
materials  secured  primarily from industrial waste streams,  manufactures  high
quality  compounds  that are used by  manufacturers  in place of more  expensive
virgin plastics.  The common stock and warrants of the Company are traded in the
NASDAQ SmallCap Market under the symbols DSCS and DSCSW.

Contacts:    Ron Pettirossi, Chief Financial Officer, Discas      (203) 753-5147
             Mark N. Tyler, T.T. Communications                   (212) 962-3690