Asia Pacific Enterprise APEP, starting today with PR Message Board

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Non-Tech : Asia Pacific Enterprise APEP, starting today with PR

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To: E*Trader who wrote ()	5/11/1999 3:48:00 PM
From: The SPHINX	of 12

Asia Pacific Enterprises in Final Negotiations to Acquire U.s. Based Entity VANCOUVER, BRITISH COLUMBIA (May 11) BUSINESS WIRE -May 11, 1999-- Asia Pacific Enterprises, Inc. (OTC BB:APEP) is pleased to announce the company is in final negotiations to acquire a U.S. based entity in the electronic video distribution business. The company's plan is to be the principal electronic video store delivering movies and other entertainment products to the home. The Company will be seeking necessary approvals to change its name to "e Video USA, Inc." to reflect its new business direction. Asia Pacific Enterprises, Inc. is quoted on the OTC BB under the symbol "APEP." Certain statements in this news release may constitute "forward looking" statements within the meaning of section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties, and other factors, which may cause the actual results, performance, or achievement expressed or implied by such forward-looking statements to differ. -0- SL/na* CONTACT: Asia Pacific Enterprises, Inc. Peter Wilson, 604/683-2227

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