SUN VALLEY, Calif., Nov. 10, 2004 (PRIMEZONE) -- Flamemaster Corporation (NASDAQ:FAMED) announced today that it has filed an appeal of the NASDAQ Staff Determination dated November 4, 2004.

The Company recently announced a proposed transaction with Best Candy & Tobacco Co. (The "Best Group"). The Company intends to file with NASDAQ a new listing application for the post-transaction company to maintain its common stock for trading on the NASDAQ Small Cap Market.

If the transaction with Best Holdings is completed, the post-transaction company will be required to meet full initial inclusion criteria for the NASDAQ Small Cap Market.

The release herein may contain or identify a forward-looking statement. These statements are based on a number of assumptions and estimates, which are inherently subject to uncertainty and contingencies, many of which are beyond the control of the Company and reflect future business decisions, which are subject to change.