Exhibit 99.2


                         ASHLIN DEVELOPMENT CORPORATION
                          Announces Reverse Stock Split
                          1 for 1.249419586 Split Ratio


Boca  Raton,  Florida  -  November  18,  2005 - ASHLIN  DEVELOPMENT  CORPORATION
(OTCBB-ASHD)  announced  that it will  complete  a  reverse  stock  split of its
capital stock effective as of the open of trading on Monday, November 21, 2005.

In the  reverse  split  each  1.249419586  shares of the  company's  issued  and
outstanding  common  stock will  automatically  be combined  into and become one
share of common  stock.  The  company's  authorized  capital  stock will also be
proportionally  reduced  in  connection  with  the  reverse  split.  Any  of the
company's  shareholders  who,  as a result of the  reverse  split,  would hold a
fractional  share of common  stock will receive a whole share of common stock in
lieu of such  fractional  share.  After giving effect to the reverse split,  the
company will have approximately  3,768,000 million shares outstanding on a fully
diluted basis.  The reverse split will affect all shares of the company's common
stock,  including those shares underlying stock options outstanding  immediately
prior to the effective time of the reverse split.

The  company  anticipates  that  its  common  stock  will  begin  trading  on  a
split-adjusted basis when trading opens on Monday,  November 21, 2005, under the
ticker symbol "ASHN."


This news release contains  forward-looking  statements.  These  forward-looking
statements concern the Company's operations,  economic performance and financial
condition and are based largely on the Company's beliefs and expectations. These
statements involve known and unknown risks, uncertainties and other factors that
may cause actual  results to be  materially  different  from any future  results
expressed or implied by such forward-looking  statements. Such factors and risks
include,  among others,  the risk that the Company's merger will not take place,
and  the  availability,  inadequate  capital,  or the  identification  of  other
suitable merger candidates.  The risks and uncertainties related to our business
are stated in more detail in the Company's  annual report on Form 10-KSB.  These
forward-looking  statements are made as of the date of this press  release,  and
the Company assumes no obligation to update the forward-looking statements or to
update the reasons why the actual  results could differ from those  projected in
the forward-looking statements. WPB-FS1\562767v04

