Fenway Appoints Resident Project Manager
for Philippine Cement Projects
For Immediate Release:
NEWPORT BEACH, CA. August 5, 1999 - FENWAY INTERNATIONAL INC. (FWIN-OTC BB)
Fenway International Inc. is pleased to announce the appointment of Mr. Friedhelm Menzel as Resident General Manager, Philippine Cement Projects, effective August 1, 1999.
Mr. Menzel educated in Germany, specialized in export marketing and linguistics. He was export marketing manager for a leading German garment manufacturer from 1962 to 1967 at which time he joined the German based multinational industrial corporation Krupp-Polysius AG, Germany, as Far East Sales Manager. From 1968 to 1994 Mr. Menzel focused on the building and supply of heavy equipment to clients in India, the Middle East and the Far East by Krupp-Polysius from their plants world-wide.
From 1995 to July 1999 Mr. Menzel undertook a special assignment as General Manager of Krupp-Polysius' Philippine agent Marsson Industrial Inc. During this time he organized specialized affiliated companies with emphasis on cement equipment and other heavy industrial applications.
Krupp-Polysius is one of the largest industrial equipment manufacturing companies in the world and will be the supplier of the equipment for both the Palawan and Negor cement plants. They are also involved in arranging the equipment financing and export credits required for the two projects.
Mr. H. John Wilson, President of Fenway International Inc., said that the addition of Mr. Menzel to the Fenway management team would provide the technical and management skills required to develop the projects and would complement the existing management who have developed the projects to their present state.
Mr. Menzel joins Fenway's Philippine staff immediately at the Ortigas Center, Pasig City office in The Philippines.
Fenway is the lead proponent in the development, construction and operation of the 2.5 million tonne per year Palawan Cement Project and the 1.5 million tonne per year Negros Oriental Cement Project.
For information contact:
The Hawke Group, Inc. at (954) 564-7114; Fax: (954) 564-9848;
E-mail: info@hawkenews.com or visit our website at www.hawkegroup.com.
If you would like to contact the company directly, please call Fenway International at (888) 441-1132 or fax (604) 844-2267 or visit their website at www.fenwayintl.com.
This material was prepared by the Company and disseminated by The Hawke Group, Inc. ("Hawke") for the Company discussed herein, based upon Company supplied information or other sources believed to be reliable. The information is not guaranteed by Hawke for accuracy or to be all inclusive. Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities. Hawke, its affiliates, and/or its officers, directors and employees may from time to time have a position in this security. The Hawke Group has been compensated.
ON BEHALF OF THE BOARD
A.Leonard Taylor
A. Leonard Taylor
Vice-President of Finance & Administration/Director
The NASD and other regulatory bodies have neither approved nor disapproved the information disclosed herein.
CONTACT
Toll Free: 1-888-441-1132
World Wide Web Site: fenwayintl.com
E-mail: fwin@fenwayintl.com
MANILA OFFICE
2101 OMM-CITRA Bldg.
San Miguel Ave.Ortigas Center
Pasig City, Metro Manila, Philippines
Tel/Fax 632-638-7338 or 638-7339
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