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Microcap & Penny Stocks : MISM: Franchising for the Future (The Future is Now)
MISM 0.4500.0%Jan 21 4:00 PM EST

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To: Rock_nj who wrote (827)8/17/1998 7:37:00 PM
From: Thu Ra Tin   of 1072
 
Posted by Hitman on August 17, 1998 at 16:21:59:

MIS International Receives a Letter of Intent to Fund for $16.5 Million Dollars
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Aug. 17, 1998--MIS International Inc. (OTC BB:MISM - news) announces today that
it has received a letter of intent to fund the company for $16.5 million from Lewis & Waterman a Denver based investment company.

In the short term, Lewis & Waterman agreed to fund the company with $1 million for the initial acquisition of the Florida based Pretzel
Twister. The rest of the funds will follow for pending and potential acquisitions.

MIS acquires, develops and franchises retail concepts on a multi-unit basis. MIS currently has two distinct franchise concepts, Pretzel
Twister in the food industry and Wheel to Wheel in the automotive repair industry.

For investors interested with active developments in MIS, please visit our web page at www.globalminerals.com. For additional
information, please subscribe to the free GMT Newsletter on the aforementioned website. The newsletter covers MIS on a regular basis,
as corporate developments occur.

The statements which are not historical facts contained herein are forward looking statements that involve certain risks and uncertainties
including changes in market conditions and other factors which could adversely affect the company's future operating results.

--------------------------------------------------------------------------------
Contact:
MIS International Inc.
Wilfred Shaw, 800/268-8225
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