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Pastimes : Investment Chat Board Lawsuits

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To: Jeffrey S. Mitchell who wrote (64)9/2/1999 2:14:00 PM
From: EL KABONG!!!   of 12465
 
Jeff,

Here's another new one...

biz.yahoo.com

Thursday September 2, 1:30 pm Eastern Time

Company Press Release

BioShield Institutes Legal Action to Stop Defamatory and Fraudulent Statements on Internet Message Board

NORCROSS, Ga.--(BUSINESS WIRE)--Sept. 2, 1999--
BioShield Technologies, Inc. (NASDAQ: BSTI - news) announces today that it has instituted legal action against one or more persons who have used the screen names FraudFinder1, TeSquared, and theskepticds1 to publish fraudulent and misleading information about the Company over the Internet.

The Company has served a subpoena seeking the identities of these persons.

Commenting, Co-Chairman, President and CEO Timothy C. Moses stated ''We will not tolerate this kind of fraudulent and illegal activity and will pursue these individuals to the fullest extent permitted by law.''

BioShield Technologies is comprised of four business divisions for the sale, distribution, and development of antimicrobial, biostatic and medical related products for the internet medical markets, retail, industrial & institutional and OEM markets.

Statements in this news release that are not historical are forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in any forward-looking statements, all of which are difficult to predict and many of which are beyond the control of the company, including, but not limited to, risks and uncertainties related to new developing technologies, dependence on collaborative partners, the inherent complexity and uncertainty regarding the development of products, BioShield's early-stage development, the result of research and development efforts, future capital needs, and the uncertainty of additional funding and government regulations and other factors which are detailed in the company's periodic reports and registration statements filed with the Securities and Exchange Commission. BioShield does not undertake to revise or update any forward-looking statement to reflect events or circumstances that may arise after the date hereof.

Contact:

BioShield Technologies, Inc., Norcross
Timothy C. Moses
or
Melanie Hutchins, 770/326-9890


KJC
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