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Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC

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To: Saverio who wrote (1036)3/25/1999 4:57:00 PM
From: Saverio  Read Replies (1) of 1126
 
MRI increases Distribution Areas for HIV Home Test Kits

EDMONTON, March 25 /CNW/ - Medical Resorts International Inc. is pleased to announce that its subsidiary International Biotech Corporation has increased its distribution area for the V-Scan Home Test Kits to include Southeast Asia, India and Pakistan. The V-Scan Test Kits are home test kits for HIV, Hepatitis C and Hepatitis E. The Kits are easy to use, non-invasive and give results in four (4) minutes with greater than 99% accuracy.
For the first nine months of the fiscal year the Company projected that it would complete 3,200 medical procedures. The actual amount of medical procedures completed in the first nine months is 3,948. This represents a 21% increase over the projected amounts.
The issued and outstanding shares in the Company is 32,928,592.
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''.

For further information: Robert Talbot, (780) 430-6363
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