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Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC
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To: marcos who wrote (1024)2/4/1999 10:17:00 AM
From: Jeff Welch   of 1126
 
NEWS!!!!!!!!!!!!!!!!!!

Medical Resorts International Inc.

EDMONTON, Feb. 4 /CNW/ - Medical Resorts International Inc. is pleased to
announce that it has purchased 60% of the issued and outstanding shares in
International Biotech Corporation (IBC). The 60% interest was acquired in
exchange for 2.0 million common shares of Medical Resorts International Inc.
International Biotech Corporation has the exclusive rights to distribute
the V-Scan Test Kits in the Caribbean and other locations. IBC also has the
right to market the V-Scan Test Kits on the internet IBC (see:
www.biotech-ibc.com). The V-Scan Test Kits are home test kits for HIV,
Hepatitis C and Hepatitis E. The home test kits are easy to use, non-invasive,
give results in (4) four minutes with 99% accuracy. They do not require
refrigeration and the results are totally confidential.
The issued and outstanding shares in the Company is 30,928,592.
Medical Resorts International Inc. trades on the Canadian Dealing Network
(CDN) Toronto under the Symbol ''MDRE'' in the United States on the NQB Pink
Sheets under the symbol ''MRINF''.

Dated this 3rd day of February 1999.

-30-
For further information: Robert Talbot at (403) 430-6363

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