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Microcap & Penny Stocks : ADGI----AMERICAN DIVERSIFIED----1997 AND BEYOND!!!

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To: Hubert Few who wrote (14)2/20/1997 4:17:00 PM
From: JOHN MINARDI   of 83
 
American Diversified Group announces receipt of private
financing and sale of sample strep test kits to Brazil

STAMFORD, Conn.--(BW HealthWire)--Feb. 4, 1997--American Diversified Group Inc. (OTC
BB:ADGI) Tuesday announced that it has received $125,000 pursuant to its private placement
financing and has received additional commitments for private funding.

The private placement funds have been allocated for general operating expenses and sales and
marketing efforts in West Africa.

ADGI has also made its initial shipment and sale of sample FDA approved strep test kits to Brazil
for approval and has commenced the registration process necessary for approval to sell malaria,
dengue fever and AIDS test kits in Brazil.

ADGI's principal business efforts involve the distribution of medical products, including generic
pharmaceuticals and vitamins, human serum albumin and FDA approved test kits.

CONTACT: American Diversified Group Inc.
Dr. Jerrold R. Hinton, 203/328-3092
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