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infoseek.com
The Auxer Group Announces
Agreement
14 July 1998
The Auxer Group Announces a Marketing and Distribution Agreement with
john de beer & associates
WAYNE, N.J.--(BUSINESS WIRE)--July 14, 1998--The Auxer Group Inc. (OTC
Electronic Bulletin Board:AXGI) announced it has entered into a marketing and distribution
agreement with john de beer & associates and is forwarding excerpts of the john de beer's
announcement:
PRESS RELEASE:
John de beer & associates (de beer) located at 14187 Dekalb Ave., Rosemont, Minn. and 9
Featherston Grange, Glasshouse Lane, Packwood in the United Kingdom announced today
that they have entered into a Marketing and Distribution Agreement with Harvey Westbury
Inc., a wholly owned subsidiary of THE AUXER GROUP (AXGI:OTC Bulletin Board)
Wayne, N.J. (www.auxer.com).
The AUXER GROUP manufactures, wholesales and distributes a line of aftermarket
automotive, marine, aviation, and hardware products including Formula 2000 Ultimate(TM),
Garry's(R) Royal Satin Automotive Wax, Polish & Car Care, Garry's(R) Royal Satin Marine
Care, IT(R) silicone spray, T-Bolt(R) rust penetrant, Easy-Test(R) Testers, Air Conditioning
Recharge Kits & Components, and Fleet Crankcase Kits.
De beer plans an initial U.K. launch featuring the Formula 2000 oil additive under a newly
designed campaign slogan. A launch covering the European Union will follow. De beer plans
to appoint U.K. distributors for Harvey Westbury products during the coming weeks.
Chairman John de beer said "With energetic program implementation, I expect sales to
reach an annualized (pounds)2 million ($3.2 million U.S.) by the end of the first quarter
1999. I also believe that these products are ideal for promotion and sale via the internet. We
therefore will move immediately to set up a website to promote the products, with the ability
to take orders directly and on behalf of our representatives, with payment by major credit
card."
In addition to Harvey Westbury, de beer represents a number of other product lines,
including:
-- High reliability X-ray and other medical equipment
-- Solar and hand-cranked electrical generators for charging
batteries and powering portable radio and related equipment in
remote areas and/or for military applications
-- Software for automated documentation and
-- Laser-curtain security sensors
De beer services markets in Europe including the former East European bloc countries and
South Africa, and provides website design, implementation and management services. For
information please contact debeer@debeer.com
Forward-looking statements in this release are made pursuant to the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned
that such forward-looking statements involve risks and uncertainties, including, without
limitation, continued acceptance of the company's products, competition, new products and
technological changes, intellectual property rights and other risks.
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