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Biotech / Medical : Royce Biomedical (RYBO-BB) - any thoughts?

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To: Neil_98 who wrote (29)7/15/1998 1:38:00 PM
From: Neil_98   of 42
 
Here is a copy of our latest news release, feel free to call with any questions.

----------------------------

Royce Biomedical New Release OTC-BB Symbol RYBO

July 14, 1998

Suite 905 - 475 Howe Street
Vancouver, BC
Canada, V6C 2B3
Toll Free: 1-800-661-7844
1-604-689-1924
Fax: 604-6898903
www.roycebiomedical.com
ir@roycebiomedical.com
Resignation of President

The Board of Directors of Royce Biomedical Inc. are pleased to announce that Mr. Ken Pappas has been named Chairman of the Board for the Company. Mr. Pappas has tendered his resignation as Company President effective July 14, 1998.

An announcement regarding the appointment of the Company's new President will be made tomorrow.

Royce Biomedical Inc., (RYBO-OTC Bulletin Board) is a state of the art developer, manufacturer and marketer of rapid result, medical diagnostic test kits with offices in Beijing, China and corporate Head Offices in Vancouver, British Columbia, Canada. Royce is maintaining its objectives for rapid and consistent growth through the implementation of a progressive sales and marketing program.



"Signed"

Ken Pappas

President
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