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Biotech / Medical : Steroidogenesis Inhibitors (STGI)

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To: Madeleine Harrison who wrote (112)7/20/1999 6:58:00 PM
From: Jim Burnham  Read Replies (1) of 294
 
Las Vegas' STGI Beats the Odds to Become Fully Reporting

LAS VEGAS--(BW HealthWire)--July 20, 1999---Alfred T. Sapse,
President of Steroidogenesis Inhibitors International (OTC BB:STGI),
announced today that the Company has filed a registration statement on
Form 10-SB with the United States Securities and Exchange Commission
for the registration of its common stock under Section 12(g) of the
Securities Exchange Act of 1934.

The registration statement becomes effective by statute no more
than 60 days after its filing. On the effective date, the Company
will be a "reporting company" and will accordingly be required to file
periodic reports with the Commission. The Commission's web site can be
found at www.sec.gov and the Company's registration statement can be
found under the EDGAR listing at that web site.

The Company's drug ANTICORT(TM) is a dramatic step forward in
anti-cortisol technology. ANTICORT is an anti-cortisol,
steroidogenesis inhibitor drug for the treatment of immune deficiency
in AIDS/HIV and other diseases such as aging and cancer where a high
level of the hormone cortisol plays a major role in destroying the
immune system. ANTICORT is currently in Clinical Trials, Phase IB/IIA
for AIDS/HIV under FDA Regulations.

Dr. Sapse stated: "We are committed to building shareholder value
and are excited that we expect to be in compliance with OTC Bulletin
Board eligibility rules long before the NASD's schedule." For more
information visit our World Wide Web page at www.anticort.com.

This release may include "forward-looking statements" within the
meaning of section 27A of the Securities Act of 1933 and Section 21E
of the Securities Act of 1934. Although the Company believes that the
expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will prove
correct. This is neither an offer to buy or sell a security. For
informational purposes only, from sources deemed to be reliable.

CONTACT: Steroidogenesis
Janet Greeson, Ph.D
702/222-1988
or
Performance Strategies, Inc.
Richard L. Brown / Chuck Jordan
303/948-3601

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