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Microcap & Penny Stocks : Agiss Software (AGCR) - Year2000 +

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To: LaShark who wrote (237)8/13/1998 10:24:00 AM
From: Frank Pachini  Read Replies (1) of 1811
 
Thursday August 13, 9:35 am Eastern Time
biz.yahoo.com

Company Press Release

SOURCE: AGISS Corporation

AGISS Appoints New CEO

OTTAWA, Ontario, Aug. 13 /PRNewswire/ -- AGISS
Corporation (OTC Bulletin Board: AGCR - news) announces the following appointments. Robert Sowah to the position of Chief Executive Officer. Mr. Sowah was previously with Digital Equipment Corporation and Avnet Computer. Also, the appointment of Anicet Blais to President of AGISS
Corporation. Mr. Blais was previously with Ameridata Canada.

In addition, the company announces the following Board of Director changes as of August 11, 1998. Ray Hession will become the Chairman of the Board. Mr. Hession was previously the Deputy Minister of the Canadian Federal Government Departments of Supply and Services and Regional Industrial Expansion and President and CEO of Canadian Mortgage and Housing Corporation. Also announced were the resignation of Dr. Mariusz Rybak as Chairman of the Board and CEO, and the
resignation of Francois Hubert as Board member.

The New Board of Directors of AGISS is comprised of Robert Sowah, Anicet Blais, Raymond Hession and Andy Rybak.

AGISS Corporation is a leading provider of automated conversion tools and services to solve the Year 2000 conversion across many different platforms. Its Canadian methodology for correcting the Millennium problem is called REMEDY2000(TM) and is marketed worldwide. AGISS Corporation focuses on Year 2000 conversion, Euro Conversion, software development and system integration.

The following is a ''safe harbor'' statement under the Private Securities Litigation Reform Act of 1995: ''This release may contain forward-looking statements that involve risks and uncertainties
which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors, which could affect actual results, include the development and introduction of
competitive technologies, the overall market demand for conversion services, the presence of technologically inferior products and services which are priced or promoted to compete with AGISS.

SOURCE: AGISS Corporation
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