MUTUAL RELEASE, CONSENT AND SETTLEMENT AGREEMMNT

         This Mutual  Consent and  Settlement  Agreement  (the  "Agreement")  is
entered  into  this  16th day of  April,  1999 by and  between  Palomar  Medical
Technologies, Inc, ("Palomar"), Electronic Packaging Interconnect Corporation, a
Delaware corporation,  formerly known as "Biometric Technologies, Inc." ("EPIC")
and Comtel  Electronics,  Inc., a California  corporation,  a subsidiary of EPIC
("Comtel')  (EPIC and Comtel  individually  and  collectively,  the  "Company"),
Maurice Needham, Jr. ("Needham") and Lyle E. Jensen ("Jensen").

Recitals:

         A. EPIC, Palomar,  Needham and Jensen are parties to that certain Stock
Purchase  Agreement  dated  December 9, 1997,  which was amended by that certain
First Amendment to Stock Purchase  Agreement dated as of May 14,1998,  and which
was amended by that certain Second  Amendment to Stock Purchase  Agreement dated
October 7, 1998 (the Stock Purchase  Agreement,  First  Amendment and the Second
Amendment are collectively referred to as the "Stock Purchase Agreement."

         B. In connection with the Second Amendment to Stock Purchase Agreement,
the Company  executed a Promissory  Note dated  October 7, 1999, in the original
principal sum of $500,000.00  (the "Note") in favor of Palomar.  As used herein,
the term  "Loan  Documents"  shall  refer to the  Note  and the  Stock  Purchase
Agreement  and the  First  Amendment  and  Second  Amendment  to Stock  Purchase
Agreement.

         C. The Company,  as the sole shareholder of Comtel has caused Comtel to
enter into an  agreement  to sell  substantially  all of the assets of Comtel to
Myford Acquisition Corp., a Delaware corporation ("MAC") controlled by MapleWood
Management LP ("Maplewood"), an unrelated third party (the "Comtel Asset Sale").

         D. The  Company  has  disclosed  to  Palomar  the  consideration  it is
receiving  from MAC and the  consideration  Needham and Jensen are  receiving in
connection  with the Comtel  Asset Sale.  A copy  of-thee  Company's  disclosure
letter is  attached  hereto  as  Exhibit  B. The  Parties  acknowledge  that the
execution and delivery of this Agreement is a condition  precedent to the Comtel
Asset Sale and that,  if the Comtel  Asset Sale does not close,  the  Company is
unlikely to be able to continue in business.

         E. Palomar and the Company,  in full and complete  satisfaction of the,
Company's obligations under Loan Documents, desire to enter into this Agreement,
to settle and finally resolve all matters  relating to the Loan Documents and to
set forth the  amounts  to be paid by the  Company  and  Needham  and  Jensen to
Palomar in full  satisfaction  of the  obligations of the Company under the Loan
Documents.


<PAGE>


Agreements:

         NOW,  THEREFORE,  in consideration of the terms and conditions  hereof,
the parties agree as follows:

                  1.  CONSENT TO SALE OF ASSETS OF  COMTEL.  Subject to and upon
receipt of the Settlement Consideration,  as hereinafter defined, Palomar hereby
(a)  consents to the sale by Comtel of all of its assets  pursuant to the Comtel
Asset Sale; and (b) releases any and all liens that Palomar, either individually
or Palomar may hold in any of the assets of Comtel or any proceeds of the Comtel
Asset Sale.

                  2.  SETTLEMENT   CONSIDERATION.   In   consideration   of  the
agreements  and releases  set forth  herein,  (a) the Company  agrees to pay and
deliver to  Palomar,  at the  Closing  Date (as defined  below),  the  following
consideration; (i) cash in the amount of $100,000, and (ii) a release of Palomar
from its guaranty  obligations  pertaining to a loan to Comtel by Coast Business
Credit,  a  division  of  Southern  Pacific  Bank (the  "Coast  Business  Credit
Release');  and (b) Needham and Jensen  agree to deliver to Palomar a Promissory
Note in the form  attached  hereto  as  Exhibit  A in the  principal  amount  of
$400,000.00  executed  by  Needham  and  Jensen  and their  spouses  in favor of
Palomar.  (The  consideration   described  in  clauses  (a)  and  (b)  above  is
hereinafter called the "Settlement Consideration").

                  3. REPAYMENT AND SATISFACTION OF NOTE.  Except with respect to
obligations  created by or  arising-out of this Agreement for the payment of the
Settlement  Consideration to Palomar on or before the Closing Date, Palomar, for
itself and its successors  and assigns,  together with all  affiliates,  agents,
attorneys,   representatives,   partners,  officers,  directors,   shareholders,
employees  and  other  persons  claiming.   through  Palomar,   hereby  remises,
releases,.  acquits and forever  discharges  hereby  releases and discharges the
Company,  Needham,  Jcnsen,  MAC,  MapleWood  and their  respective  successors,
assigns,  affiliates,  agents, attorneys,  representatives,  partners, officers,
directors,  shareholders  and employees (the  "Releasees")  from (a) any and all
liens. claims, cause of actions,  demands,  liabilities,  obligations,  damages,
losses,  costs,  and expenses  whatsoever,  whether known or unknown,  mature or
contingent  arising  out of or in  connection  with the Note and any of the Loan
Documents,  but  only as it  pertains  to the  Company;  (b) any and all  liens,
claims, cause of actions, demands,  liabilities,  obligations,  damages, losses,
costs and expenses whatsoever.  known or unknown,  contingent or mature, arising
out of or in connection  with any of the assets of Comtel or the right of Comtel
to receive  proceeds  from the Comtel Asset Sale,  whether such assets or rights
are held by Comtel or its  assignees;  (c) any and all liens,  claims,  cause of
actions, demands, liabilities,  obligations, damages, losses, costs and expenses
whatsoever,  known  or  unknown,  contingent  or  mature,  arising  out of or in
connection with the  distribution of proceeds or other assets or rights received
from MAC in  connection  with the Comtel  Asset Sale to the Company or any other
third parties;  and (d) all suits, claims or causes of action,  whether known or
unknown, mature or contingent whether arising under any federal or state statute
(including,  without limitation,  state and federal securities laws) or in tort,
contract,  equity, indemnity,  contribution,  accounting, or other legal theory,
relative to the Loan Documents but only as it pertains to the Company-


<PAGE>



                  4. COMPANY, NEEDHAM AND JENSEN RELEASE. Except with respect to
obligations  created by or arising out of this Agreement,  the Company,  Needham
and  Jensen,  and each of them for  their  respective  successors  and  assigns,
together with all  affiliates,  agents,  attorneys,  representatives,  partners,
officers,  directors,  shareholders and employees  claiming through them, hereby
promise,  release,  acquit and forever  discharge  Palomar  and its  successors,
assigns,  affiliates,  agents, attorneys,  representatives,  partners, officers,
directors,  shareholders and employees  claiming through them and for any others
who may claim through them,  from any and all suits,  claims or causes of action
demand,   liabilities,   obligations,   damages,   losses,  costs  and  expenses
whatsoever, whether known or unknown, mature or contingent,  arising,, under any
federal or state  statute  (including,  without  limitation,  state and  federal
securities  laws)  or  in  tort,  contract,  equity,  indemnity,   contribution,
accounting, or other legal theory, which the Company, Needham and Jensen have or
ever had arising prior to and including  the Closing Date against  Palomar,  its
subsidiaries, affiliates, officers, directors and employees

                  5.  VOLUNTARY  SETTLEMENT.   Each  party  granting  a  release
hereunder (a) represents, warrants and acknowledges it has been fully advised by
its  attorney of its rights and has  entered  into this  Agreement  voluntarily,
without duress or coercion. Representations and Warranties.
                            -------------------------------

                  a. Palomar  Representations  and  Warranties.  Palomar  hereby
         represents and warrants to the Company, Needham and Jensen as follows:

                           (i)  Palomar  has the full  power  and  authority  to
                  execute and deliver  this  Agreement,  and this  Agreement  is
                  valid,  binding and enforceable  against Palomar in accordance
                  with its terms;

                           (ii)  Palomar owns the Note free and clear of any and
                  all security  interests or other  encumbrances and Palomar has
                  not  transferred,   assigned,  sold,  negotiated  or  pledged,
                  encumbered  the Loan  Documents  or any of these or any of its
                  rights thereunder;

                           (iii) Palomar has all necessary corporate,  power and
                  authority to execute and deliver this  Agreement and has taken
                  all corporate action necessary to execute, deliver and perform
                  this Agreement;

                           (iv)  Palomar  has had the right to inquire  and make
                  inquires of the Company regarding the Comtel Asset Sale and to
                  receive   answers   concerning  the  Comtel  Asset  Sale,  the
                  distribution  of  proceeds,  assets  or the  right to  receive
                  assets from the Comtel Asset Sale; and

                           (v) No  consent,  authorization,  approval  or  other
                  action by, and no notice to or filing with,  any  governmental
                  authority, regulatory body, lessor, franchisor or other person
                  or entity is required for Palomar to enter into this Agreement
                  or  for  the  execution,   delivery  or  performance  of  this
                  Agreement by Palomar.


<PAGE>



                  b. Company  Representations  and  Warranties.  Company  hereby
         represents and warrants to Palomar as follows:

                           (i)  Company  has the full  power  and  authority  to
                  execute and  deliver  this  Agreement  and this  Agreement  is
                  valid, binding and enforceable against Company accordance with
                  its terms;

                           (ii) Company has all  necessary  corporate  power and
                  authority to execute and deliver this  Agreement and has taken
                  all corporate action necessary to execute, deliver and perform
                  this Agreement; and

                           (iv) No  consent,  authorization,  approval  or other
                  action by, and no notice to or filing with,  any  governmental
                  authority, regulatory body, lessor, franchisor or other person
                  or entity is required for Company to enter into this Agreement
                  or  for  the  execution,   delivery  or  performance  of  this
                  Agreement by Company.

                  6.  Payment of  Settlement  Amount.  The Closing  Date for the
transaction  described in this Agreement  shall be March 31, 1999, or such other
date as the Company and  Palomar  agree in writing  (the  "Closing  Date").  The
closing of the  transaction  contemplated  by this Agreement shall take place at
the offices of Chadbourne & Parke,  LLP, 30 Rockefeller  Plaza,  36th Floor, New
York, New York, on or before the Closing Date.

                  a. On or before the Closing Date,  Palomar shall have executed
         and delivered the following documents to the Company's legal counsel or
         its  nominee:  (i) an  executed  original  of  this  Agreement-  (ii) a
         certified Corporate  Resolution  authorizing the execution and delivery
         of this  Agreement,  (iii) the  original  ,Note,  and (iv)  irrevocable
         written instructions to cause the documents described in (i), (ii), and
         (iii) to be  released  to the  Company  upon  the  payment  of,  or the
         delivery of the documents constituting,  the Settlement  Consideration,
         as defined in Section 2 hereof, to Palomar.

                  b. On the Closing  Date,  the Company  shall have executed and
         delivered  to  Chadbourne  & Parke,  LLP for delivery to Palomar (i) an
         executed  original  of the  Agreement,  and  (ii) to  wired  the sum of
         $100,000 to Palomar.

                  c. On the Closing Date, Needham and Jensen shall have executed
         and  delivered  the  Promissory  Note and  delivered it to Chadbourne &
         Parke, LLP for delivery, to Palomar.

                  7. Miscellaneous.

                  a. Each party acknowledges that this Agreement is entered into
         after voluntary and without coercion arms length  negotiations in which
         all parties have been represented



<PAGE>


         by counsel of their choice,  and that all parties to this Agreement are
         in equal bargaining positions and without any disadvantage.

                  b. If any part of this Agreement is breached in any manner and
         legal, equitable or other proceedings are required to enforce the same,
         the unsuccessful  party in the litigation,  as determined by the court,
         agrees to pay the  successful  party,  as determined by the court,  all
         costs,  legal fees and expenses,  including  attorneys  fees and expert
         witness fees in the amount incurred by the successful party.

                  c. This  Agreement  will  inure to the  benefit of and will be
         binding  upon  all  heirs,  assignees,  personal  representatives,   or
         successors  in  interest  by merger or  otherwise  to any or all of the
         parties to this Agreement.

                  d.  This  Agreement  will be  governed  by and  construed  and
         enforced in accordance  with the laws of the State of Delaware  without
         regard to its principals of conflicts of law.

                  e.  This   Agreement   may  be   executed  in  any  number  of
         counterparts,  and when so executed, such counterparts shall constitute
         a single, binding Agreement between all signatories thereto.

                  f. This Agreement shall not constitute a negotiable instrument
         or note.

                  g.  The  terms  of  this  Agreement  supersede  all  prior  or
         contemporaneous  oral or written  agreements and  understanding  of the
         parties, all of which will be deemed to be merged into this Agreement.

                IN WITNESS NVEEREOF, the parties have executed this Agreement on
the date and year set forth above.

                                  Palomar Medical Technologies, Inc.

                                  By:     /s/  Louis P. Valente
                                          ---------------------------
                                          Its: Chairman and CEO

                                  Electronic Packaging Interconnect Corporation,
                                  a Delaware corporation

                                  By:    /s/ Lyle E. Jensen
                                         ---------------------------
                                         Lyle E. Jensen
                                         President and Chief Executive Officer


                                  Comtel Electronics, Inc.
                                  A California corporation


                                  By:   /s/  Lyle E. Jensen
                                        ----------------------------
                                        Lyle E. Jensen
                                        Chief Executive Officer



                                  /s/   Lyle E. Jensen
                                  ----------------------------------
                                        Lyle E. Jensen



                                  /s/   Maurice E. Needham
                                  ----------------------------------
                                        Maurice E. Needham


<PAGE>
                                                                       Exhibit A

                                 PROMISSORY NOTE



Principal Amount                                                Phoenix, Arizona
$400,000.00                                                       April 16, 1999


         FOR VALUE  RECEIVED,  Maurice  Needham,  Jr. and  Majorie  L.  Needham,
husband  and wife and Lyle E.  Jensen and  Kathryn A.  Jensen,  husband and wife
(collectively  the "Maker"),  promises to pay to Palomar  Medical  Technologies,
Inc. or order  ("Holder"),  the principal  balance of Four Hundred  Thousand and
No/100ths Dollars (S400,000.00) in lawful money of the United States of America,
together with interest on the unpaid  principal  amount hereof from time to time
outstanding,  from the date hereof until  payment in full,  at ten percent (10%)
per annum. All amounts due hereunder, including any accrued and unpaid interest,
shall be due and payable on March 31, 2001 (the "Maturity Date").

         The Maker promises to pay to the Holder quarterly  interest payments of
Two Thousand Five Hundred and No/100ths  Dollars  ($2,500.00)  commencing on the
first (1st) day of July,  1999 and continuing on the first (1st) day of October,
January,  and April from the date hereof until the  Maturity-  Date.  Payment of
interest that accrues hereunder that is in excess of the amount of the quarterly
interest payment shall be deferred until the Maturity Date.

         The Maker shall be permitted to prepay all or any portion of the amount
due hereunder at any time without penalty.

         Holder's  acceptance of payments  after the due date shall not waive or
postpone  any right of the Holder  hereof,  and time is and shall  remain of the
essence hereof.

         If, as a result of any default  under this Note,  the Holder incurs any
attorneys'  fees or other legal costs or expenses with respect to enforcement of
any  rights  provided  for  hereunder,  whether or not any legal  proceeding  is
instituted, Maker promises to pay such attorneys' fees and expenses,  including,
without  limitation,  any costs of court,  witness  fees or  experts  fees,  and
reasonable travel costs, regardless of whether such amounts are reasonable under
applicable law.

         Maker and all persons now or  hereafter  liable on this Note  severally
waive notice, presentment for payment and protest.


<PAGE>


         The loan  evidenced  by this Note is made for  commercial  purposes and
that no  portion  of the  amounts  describe  herein  are or will be used for any
purpose other than a commercial  purpose.  If all interest,  fees,  penalties or
other charges  payable  under this Note should exceed the maximum  interest rate
permitted by law, then (i) interest or charges that exceed the maximum  interest
rate  permitted by law shall be reduced to the maximum rate permitted by law and
(ii) any amounts  paid in excess of the  maximum  legal  interest  rate shall be
credited against the outstanding principal amount of the indebtedness  evidenced
by this Note.

         This Note shall be governed by the substantive laws of the Commonwealth
of Massachusetts, without regard to conflicts of law principles.

                                            "MAKER"

                                            /s/      Maurice Needham, Jr.
                                            ------------------------------------
                                            Maurice Needham, Jr., a married man

                                            /s/      Marjorie L. Needham
                                            ------------------------------------
                                            Marjorie L. Needham, a married woman

                                            /s/      Lyle E. Jensen
                                            ------------------------------------
                                            Lyle E. Jensen, a married man

                                            /s/      Kathryn A. Jensen
                                            ------------------------------------
                                            Kathryn A. Jensen, a married woman



<PAGE>
                                                                       EXHIBIT B

                              ELECTRONIC PACKAGING
                            INTERCONNECT CORPORATION
                                14101 Myford Road
                            Tustin, California 92780


                                 March 16, 1999


  Via Federal Express

  Palomar Medical Technologies
  45 Hartwell Avenue
  Lexington, Massachusetts 02173

  Attn:  Paul Weiner, Director of Finance

  Dear Mr. Weiner:

         Please find enclosed three documents for your review and approval:

         1.       Mutual Release, Consent and Settlement Agreement

         2.       Non-Negotiable Promissory Note

         3.       Class A Stock Warrant

         As we have discussed,  Electronic Packaging  Interconnect  Corporation,
formerly  known as Biometric  Technologies  Corp.  ("EPIC") has not been able to
attract   sufficient  outside  capital  necessary  to  meet  the  strategic  and
operational  objectives of the company. Not all the parties who entered the EPIC
Participant Term Sheet dated October 16,1 998 were able to meet their investment
objective.  This  required  EPIC  and  its  sole  operating  subsidiary,  Comtel
Electronics, Inc. ("Comtel"), to seek other sources of financing.

         On December 30, 1998, EPIC and its sole operating  subsidiary,  Comtel,
entered a Letter of Intent with MapleWood Management LP ("MapleWood") to conduct
due  diligence  and  determine  MapleWood's  potential  interest  in  making  an
investment in the company.  In ate February,  MapleWood's  Investment  Committee
approved the creation of two new Delaware  corporation,  Myford  Holdings  Corp.
("MHC") and Myford Acquisition Corp. ("MAC"),  which were authorized to enter an
agreement  to  acquire  substantially  all of the  assets of Comtel  subject  to
specific terms and conditions.  A definitive agreement is nearing completion and
is expected to be ready for signature shortly. A Bulk Sale Notice (attached) was
recorded on March 8, 1999. The targeted closing dart is for the end of March.


<PAGE>
Palomar Medical Technologies
March 16, 1999
Page 2

         The  acquisition  is being  structured as an asset  purchase,  with MAC
acquiring  the  assets of Comtel and  assuming  certain  liabilities.  Except as
described below,  EPIC will realize no value from the transaction,  but Comtel's
business will be preserved.

         In  negotiating  with  MapleWood,  EPIC has attempted to obtain as much
consideration as possible for its debt and equity bridge investors, given EPIC's
and Comtel's  financial  condition.  While MHC is not obligated to do so, MHC is
offering the EPIC outside  shareholders  the  opportunity  to convert their EPIC
investment into Class A Warrants in MHC. The EPIC bridge lenders (including,  to
the extent of a $200,000 bridge loan,  Maurice Needham and the undersigned) will
be offered various  combinations of cash, seven year notes, and Class A Warrants
in MHC. The EPIC bridge lenders will receive Class A Warrants  convertible  into
an aggregate of 300,782 common shares of MHC. Since Comtel is the only remaining
operating asset in EPIC, serious consideration should be given to this proposal.
It is unlikely that any EPIC shareholder or EPIC bridge lender would realize any
value for its  investment if these offers are not accepted.  MAC's offer and the
closing  of its  proposed  purchase  of  Comtel's  assets  is  conditioned  upon
obtaining  mutual releases  regarding all previous  business  matters with EPIC,
Comtel Electronics, Mr. M. Needham and the undersigned, including the release of
any claims by EPIC, debt or equity investors.

         Going  forward,  MapleWood  is prepared to make a  significant  initial
investment  into Comtel to be  followed by  subsequent  planned  investments  in
acquisitions and strategic  expansions.  The amount of the initial investment is
subject o MapleWood's  discretion,  but is  contemplated  to be  $7,000,000.  In
exchange  therefore,  MapleWood  will  receive  preferred  stock of MHC which is
convertible  into 7.2 million common shares of MHC. The investment  objective is
to create a regional  market leader in contract  electronic  manufacturing.  The
initial  focus of the  business  will be on Southern  and  Northern  California.
MapleWood's  investment  in Comtel  through MAC should give the company a viable
opportunity to be successful.

         To facilitate the  transaction,  Maury Needham and the undersigned have
agreed tow rite-off their Convertible Note of $1.6m and forego their 6.7 million
share of EIPC stock as described in the October 16,1 998 EPIC  Participant  Term
Sheet.  The undersigned will enter a multi-year  employment  contract as the CEO
and will  receive  450,000  shares of common  stock in MAC as an  incentive  for
entering into said Agreement. The employment package will include a base salary,
annual cash bonuses  based on EBITDA  performance,  and  restricted  stock whose
vesting will be tied to EBITDA performance over the next five years. Mr. Needham
will enter a Directors  Agreement and will be compensated  for the time spent on
the strategic  expansion of Comtel.  Mr. Needham will receive  450,000 shares of
common stock in MAC as an incentive for entering into the Director's  Agreement.
Mr.  Needham will also be offered an  additional  450,000  shares of  restricted
stock  whose  vesting  will be based on  EBITDA  performance  over the next five
years.  Both Mr. Needham and the undersigned  will be eligible to participate in
MHC's stock option plan.  The maximum amount of option's which may be granted to
all person under MHC's proposed stock option plan, including Mr. Needham and the
undersigned, will total 1 million shares.


<PAGE>
Palomar Medical Technologies
March 16,1999
Page 3

         On behalf of EPIC and Comtel,  we encourage  you to accept the attached
offer and  provide the  necessary  releases  to ensure the  MapleWood  offer and
closing occurs in a timely manner.  EPIC has no other viable  financing  options
and strongly believes MapleWood's offer provides the best opportunity to you and
likely the last opportunity to realize any value on your investment.

         Please review and sign the attached documents. You will notice that all
aspects  of the old  agreements  are  canceled  and  replaced  with a set of new
agreements.  Time is of the essence and we look forward to your timely  approval
of MAC's offer.

                                   Sincerely,



                                   /s/ Lyle E. Jensen
                                   ------------------
                                   Lyle E. Jensen
                                   CEO
                                   Comtel Electronics

Enclosures

c(w/out encs.): Maurice Needham Jr.
                  MapleWood management LP