Report of the Independent Accountants

To the Board of Directors and Shareholders of Millennium Corporation

We were engaged to audit the accompanying balance sheet of Millennium Corporation as of December 31, 1998,and the related statements of income, retained earnings, and cash flows for the year then ended. These financial statements are the responsibility of the Company’s management.

The Company did not make a count of physical inventories in 1998 stated in the financial statements at $ 475,000 as of December 31, 1998. The Company’s accounting records do not permit the application of other audit procedures to inventories.

Since the Company did not take physical inventories and we were not able to apply other auditing procedures to satisfy ourselves as to inventory quantities, the scope of our work was not sufficient to enable us to express, and we do not express, an opinion on these financial statements.

Milton Jones and Associates LLP

February 28, 1999