IRTG news finally;
IRT Industries Announces Sale of Casino
Business Wire - February 23, 1999 13:09
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FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Feb. 23, 1999--IRT Industries, Inc. which
trades on the OTC Bulletin Board owned by the Nasdaq Stock Market (OTC BB:IRTG),
announced Tuesday the sale of its casino in San Jose, Costa Rica.
The terms and conditions of the sale are to be finalized later this week.
While the company hoped gaming endeavors would have eventually proved profitable, management
believes a new direction is necessary and has selected Internet related businesses as the key
focus. In this regard, the company is in the process of reviewing existing Internet businesses for
possible acquisition.
IRT Industries, Inc. also announces the continued effort of completion of the required audit for
SEC financials with the expected completion of the 10Q and 10K within three weeks.
NOTE: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This
release contains forward-looking statements that are subject to risk and uncertainties, including, but
not limited to, the impact of competition, continued acceptance of the company's products and
services, fluctuations in stock price and liquidity, fluctuation operating results and other risks
detailed from time to time in the company filings with the Securities and Exchange Commission.
CONTACT: IRT Industries Inc., Fort Lauderdale
Arnold Wrobel, 954/351-0270
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