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Microcap & Penny Stocks : M&A West, Inc. Client Discussion Thread

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To: M&A West, Inc. who wrote ()9/17/1998 11:05:00 PM
From: M&A West, Inc.   of 11
 
FSGI Corp. Announces the Hiring of a Director of Auditing
ATLANTA--(BUSINESS WIRE)--Sept. 14, 1998--FSGI Corp. (OTC BB:FSGI) announced today that Michael Santone has been named as director of auditing of Financial Standards Group (FSG).

According to Jason Lents, president/CEO: ''We are extremely pleased to have Mike join the FSG team. Mike is a CPA with three years of credit union auditing experience with a national CPA firm that audits only credit unions. In addition, Mike has worked as a controller for a federal credit union with assets of approximately $400 million.''

Lents also stated, ''I have previously worked with Mike at the national CPA Firm and he is very professional and competent. He brings the type of expertise and work ethic that will help FSG to not only continue to be the largest credit union auditing firm in the United States, but strive for profitability as well''.

FSGI Corp., through its wholly owned subsidiary, Financial Standards Group Inc. (FSG), is one of the largest providers of professional auditing, accounting and related services offered exclusively to credit unions in 12 states and growing. FSG performs over 450 credit Union audits nationwide. Their goal is to bring superior non-certified auditing and accounting services within reach of all credit unions.

For information on FSGI, please visit their web site, www.fsgcu.com.

Financial Statements in this press release (if any) other that historical facts are ''forward-looking'' statements with the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results.

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