SECURITIES AND EXCHANGE COMMISSION
                                 Washington, D.C.


          LITIGATION RELEASE NO.  15873 / September 9, 1998

          ACCOUNTING AND AUDITING ENFORCEMENT
          RELEASE NO.  1074 / September 9, 1998

          SECURITIES AND EXCHANGE COMMISSION v. STEVEN M. SCARANO,  No.
          98 Civ. 6350 (LAP)  (S.D.N.Y.  filed  Sept. 9, 1998)

             STEVEN M. SCARANO, CPA, CONSENTS TO CEASE-AND-DESIST AND
             BAR ORDER AND TO FINAL JUDGMENT IMPOSING A CIVIL PENALTY

          The  Securities  and  Exchange Commission ("Commission") today
          filed a complaint in the  United States District Court for the
          Southern District of New York  against  Steven M. Scarano, CPA
          for  violations of the securities registration  provisions  of
          the federal  securities  laws.   Scarano was formerly with the
          accounting firm of Scarano & Lipton,  P.C.  ("S&L"),  auditors
          for Visual Cybernetics Corp., a start-up, microcap company.

          The complaint alleges that Scarano improperly offered and sold
          Visual   Cybernetics   securities   registered   on  Form  S-8
          registration statements to public investors through  a  Visual
          Cybernetics employee nominee.  Because the securities were not
          registered  for sale to the public, Scarano willfully violated
          Sections  5(a)   and  5(c)  of  the  Securities  Act  of  1933
          ("Securities Act").

          Without admitting or denying any of the allegations in the
          complaint, except as to jurisdiction, Scarano consented to the
          entry of a final judgment.  The final judgment against Scarano
          orders him to pay a civil penalty of $5,000.

          The Commission also  instituted  an  administrative proceeding
          against Scarano today.  The administrative order finds that as
          a  result  of  his  actions  in  offering and  selling  Visual
          Cybernetics securities, Scarano was engaged in the business of
          effecting  transactions  in securities  for  the  accounts  of
          others.  Because neither he  nor his accounting firm, S&L, was
          registered as a broker with the  Commission  at  that time, he
          willfully  violated  Section 15(a) of the Securities  Exchange
          Act of 1934 ("Exchange Act").

           In addition, the administrative order finds that, as a result
          of offering and selling  Visual  Cybernetics securities, while
          auditing  Visual  Cybernetics' financial  statements,  Scarano