8-K

                   SECURITIES AND EXCHANGE COMMISSION
                         Washington, D.C. 20549



                                 FORM 8-K
                               CURRENT REPORT


            Pursuant to Section 13 or 15(d) of the Securities
                           Exchange Act of 1934



             Date of Report (Date of earliest event reported)

                              June 30, 1998

                           EXTEN INDUSTRIES, INC.

         (Exact name or registrant as specified in its charter)



    Delaware              0-16354              52-1412493
(State or other         (Commission         (I.R.S. Employer
jurisdiction of         file number)       Identification No.)
incorporation 
or organization)


9625 Black Mountain Road, Suite 218, San Diego, California 62126
      (Address of principal executive offices)        (Zip Code)


9625 Black Mountain Road, Suite 218, San Diego, California 62126
               (Mailing Address)                      (Zip Code)


       Registrant's telephone number, including area code: 
                       (619) 578-9784


Item 5. OTHER EVENTS

The Registrant has promoted Mr. Jerry Simek to President and COO.

Mr. Simek was promoted to president and chief operating 
officer at Exten's June board meeting. W. Gerald Newmin will 
remain as chairman and chief executive officer of Exten 
Industries Inc. 

A copy of the June 30, 1998 Press Release is attached.


Item 7.  Financial Statements and Exhibits.

99.1 Press Release.



                          SIGNATURES

Pursuant  to  the  requirements  of  Section  13 or  15(d)  of 
the Securities Exchange Act of 1934, the registrant has duly 
caused this report to be signed on its behalf by the under-
signed, thereunto duly authorized.


                           EXTEN INDUSTRIES, INC.
                                (Registrant)

                           By:  /s/  W. GERALD NEWMIN
                           -----------------------------
                           Chairman, Chief Executive Officer
                                    and President


                                   Date: June 30, 1998

EX-99

________________________________________________________________

                      FOR FURTHER INFORMATION:

- -----------------------------------------------------------------
NEWS
FOR IMMEDIATE RELEASE:

June 30, 1998                      CONTACTS:
                                                         
                                   At Exten Industries, Inc.
                                   W. Gerald Newmin, President 
                                   Barbara Corbett, 
                                   Marketing Mgr.
                                   (619) 578-9784
                                   After hours: 
                                   (619) 455-7205, 423-3737






Exten Industries Inc. Promotes Simek to President and COO

SAN DIEGO--(BW HealthWire)--June 30, 1998--Jerry G. Simek was
promoted to president and chief operating officer at Exten's 
June board meeting. W. Gerald Newmin will remain as chairman 
and chief executive officer of Exten Industries Inc. ``The growth
of the company and increased activity level as the company pursues
acquisition opportunities and funding as well as the preclinical 
trials at Loyola University Medical Center, require additional 
management support,'' Newmin explained. 

Simek stated, ``I look forward to my expanded role and I will
continue to focus on the company's acquisition program.''
 
Simek, president of JGS Management Group since 1984, specializes 
in strategic planning, financial management, business/corporate
development and international business. He has successfully 
directed and implemented several company reorganizations, 
refinancing programs, company turnarounds, plus market development
as well as company acquisition and divestiture programs. 

Simek has over three decades of multinational management experience
in the medical, energy, electronics and aerospace industries. He 
has held key management positions with major medical companies such
as Baxter and Johnson & Johnson. In addition he has served as a 
director and/or management advisor for several other public and 
private companies worldwide. Simek, who lives in La Jolla, Calif.,
has a bachelor's of science from Illinois Institute of Technology 
and an MBA from Pepperdine University. 

Exten Industries Inc. is a publicly traded company listed on the Over the 
Counter Bulletin Board (symbol EXTI). Through its subsidiary, Xenogenics,
the company is developing a bio-artificial liver device to perform the 
equivalent of kidney dialysis for liver patients.With the worldwide 
incidence of liver diseases, the device could fill a critical need. 
The device is currently in the early phases of testing at Loyola 
University Medical Center in Chicago. Headquarters are at 9625 Black 
Mountain Rd., Ste. 218, San Diego, CA 92126-4564. 

For more information call the contacts listed or e-mail at 
extixeno@aol.com. Exten's website address is http://www.exten.com. 
This news release contains forward-looking statements based on the
company's expectations that are subject to a number of risks and 
uncertainties which can be beyond the company's control.