(BSNS WIRE) Arete Industries Retains Financial PR & Investor Relations S
Arete Industries Retains Financial PR & Investor Relations Specialist
Business Editors
BOULDER, Colo.--(BUSINESS WIRE)--Dec. 1, 1998--Arete Industries
Inc. (OTC BB:AREE) Tuesday reported that it has retained Stock
Enterprises to manage its company's shareholder and public relations
activities.
Stock Enterprises, based in Las Vegas, specializes in developing
financial media support within the brokerage and investor community
for quality undervalued and relatively unknown publicly traded
companies.
James Stock, president of Stock Enterprises, commented: "I have
recently met with management and toured their facilities, and am
convinced that Arete Industries, with the strong leadership of its CEO
and President Thomas P. Raabe, is a unique public entity worthy of
investor consideration.
"Risk-oriented investors looking for ground-level situations with
substantial upside potential should find Arete very attractive," Stock
concluded.
Earlier this year, Raabe and Chief Financial Officer Fred
Boethling assumed control of the company -- then known as Travis
Industries -- and have been putting the firm under an aggressive
restructuring program. Arete Industries is actively seeking strategic
alliances and sources of new capital.
Arete Industries owns and operates a full-service commercial
printing and direct-mail advertising business, which operates in a
15,000-square-foot facility in Council Bluffs, Iowa. In addition, it
has a jointly owned subsidiary, Aggression Sports Inc. (ASI), which
expects to initiate operations in the extreme and outdoor sports
industry early in the new year and holds much promise.
The company's stock ticker symbol is AREE. The company is current
in its financial reports and has filed its Form 10Q Quarterly Report
for the period ended Sept. 30, 1998.
For further information and/or to be placed on the company's news
and information list, contact James Stock at 702/837-6125 ext. 124 or
127, or via fax at 702/837-6135.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements contained herein that are not
historical are forward-looking statements that are subject to risks
and uncertainties that could cause actual results to differ materially
from those expressed in the forward-looking statements, including, but
not limited to, certain delays beyond the company's control with
repect to market acceptance of new technologies or products, delays in
testing and evaluation of products, and other risks detailed from time
to time in the company's filings with the Securities and Exchange
Commission.
--30--WAM/la* RK/la
CONTACT: Stock Enterprises, Las Vegas
James Stock, 702/837-6125 ext. 124 or 127
fax: 702/837-6135
KEYWORD: COLORADO NEVADA IOWA
INDUSTRY KEYWORD: PUBLISHING
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