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Non-Tech : Flexweight Corporation (FXWA)
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To: Theodore G. Gresch who wrote (2)10/2/1998 7:37:00 AM
From: ghostme  Read Replies (1) of 30
 
Company Press Release

Flexweight Corp. and NuOASIS International Inc. Set the Closing Date of Oct. 9, 1998 Under the Exchange Agreement

WENDOVER, Nev.--(BUSINESS WIRE)--Oct. 1, 1998--Flexweight Corp. (OTC BB:FXWA - news; ''FXWA'') and NuOASIS International Inc. (''International'') Thursday announced that they have set a date for closing under the Exchange Agreement signed on Sept. 15, 1998 (the ''Agreement'').

FXWA and International have agreed to close on Oct. 9, 1998. Pursuant to the Agreement, at closing a business combination will be effected between FXWA and International's majority owned resort hotel and casino gaming properties. The closing is subject to certain opinions and certain third party consents under the Agreement.

Note to Editors: Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995.

Investors are cautioned that all forward-looking statements involve risks and uncertainties. Investors who seek more information about the company's business and relevant risk factors may wish to review the company's periodic reports filed with the Securities and Exchange Commission including, but not limited to, its most recent annual report on Form 10-KSB and quarterly report on Form 10-QSB.
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Contact:

Flexweight Corp., Wendover
Walter Sanders, 702/664-3484
Fax: 702/664-2331
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