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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (262)	6/7/1999 12:47:00 PM
From: SSP	Read Replies (1) \| Respond to of 150070

If that is true then it may be time to get in on STRU !! Looking up BODY right now.

To: Jim Bishop who wrote (262)	6/7/1999 12:57:00 PM
From: SSP	Read Replies (2) \| Respond to of 150070

STRU news out!! CHARLESTON, S.C.--(BUSINESS WIRE)--June 7, 1999--Struthers, Inc., (OTC BB: STRU) the industry leader in the implementation of swine embryo technology is pleased to announce that it has acquired a 20% stake in SPHC Herd and Breeding Facility. Struthers has also negotiated an option to purchase the balance of the herd for a combination of cash and stock over the next three years. Located in Kippen Ontario, Canada, SPHC has one of the world's top 10 genetically superior herd of both male and female swine. The interest taken in SPHC by Struthers is viewed as highly significant in their ongoing effort to build its portfolio of genetically superior swine breeding herds. Under the terms of the agreement, Struthers will also have the rights to all of the semen and embryos of the entire herd. Corporate Growth Plan The growth plan and business model for Struthers involves the continued growth of their superior breeding swines, proliferating their breeding technology throughout the industry. The Struthers technology offers tremendous features and benefits. The significance of these benefits lies in a breeder's ability to create a higher quality hog that commands approximately a 20% premium in the marketplace. Struthers' technology is differentiated with the following advantages: -- Ease of transportability - Swine embryo transfer technology (ET) artificially inseminated genetically superior embryos can be efficiently transported easily en masse thereby eliminating the need for live animal transport. For the cost of an airplane ticket, any multiple of 100 embryos can be transported in a briefcase. -- Vastly extended embryo shelf life - ET technology allows embryos to be kept alive for over 72 hours or more than 200% more than conventional technology allows. -- Elimination of disease transfer risk - ET technology all but eliminates the transfer risk of disease - an otherwise major industry problem. -- 2100% faster at creating a new genetic line - Whereas the use of artificial insemination alone for the introduction of new blood lines requires a full 15 generations or 7 years, ET technology enables complete transfer of a new genetically superior animal in one step requiring a mere 115 days. Commenting on the agreement with SPHC, Struthers Inc. management team stated, "We are very excited about our new interest in SPHC. Our ongoing effort to acquire superior animals, both male and female swine, coupled with our advanced Embryo Transfer Technology will continue to broaden our competitive advantage. We currently enjoy an approximate 5-year head start over our nearest competitor." Continuing, management added, "Our technology and process for expeditiously and cost effectively creating genetically superior swine herds is revolutionary to the industry. Pork is the most widely consumed meat in the world. With worldwide pork consumption in the $4 billion area, the demand for higher quality, i.e. lean hog products is tremendous. We now offer the industry the complete solution for efficient production of a consistently superior meat product." Struthers, Inc. is a company focused on commercializing its breakthrough technology of Porcine Embryo Transplants and the elimination of disease in hog herds. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by Struthers, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the porcine industry future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Struthers, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. --30--hkz/cgo* CONTACT: Struthers Inc. Rhett Seabrook, 843/763-1755 KEYWORD: INTERNATIONAL CANADA INDUSTRY KEYWORD: FOODS/BEVERAGES MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *