Nematron Announces 5-for-1 Reverse Stock Split, Name Change and New Stock Ticker Symbol Will Be Effective April 6, 2004; Company

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,

[phone]; or Mr. John Dunlap, Vice-President of Nematron Corporation,

[phone]



Web site:  http://www.nematron.com/ 

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