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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (10491)	6/14/1999 11:42:00 AM
From: Jill Collins	Read Replies (2) \| Respond to of 52051

SM: Decent news for KWIN today. Monday June 14, 10:00 am Eastern Time Company Press Release Kenwick Industries Inc. Announces the Engagement of an NASD Investment Banking Firm FORT LAUDERDALE, Fla.--(BUSINESS WIRE)---June 14, 1999--Kenwick Industries Inc. (OTC BB:KWIN) announced Monday that it has retained the services of Venture Partners Capital LLC, a Boston based investment bank. Venture Partners provides a wide range of financial services to both private and publicly traded companies. Commenting on the retention of Venture Partners, Kenneth Wulwick, president and CEO of Kenwick Industries stated: ''We need the capabilities that Venture Partners offers in effectively managing and executing both a comprehensive growth and financing plan. The company expects to grow by internal means as well as by acquisition. We look forward to their assistance in helping Kenwick's management maximize shareholder value.'' ABOUT THE COMPANY Kenwick Industries is a multi-industry corporation whose core business is automobile sales and financing. Kenwick also manages a language program with distribution to institutions and consumers. 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 Kenwick) contains statements that are forward-looking. 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 statement made by or on behalf of Kenwick. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and market competition factors. -------------------------------------------------------------------------------- Contact: Kenwick Industries Inc., Fort Lauderdale Shel Glickman, Sr. VP, 800/822-4122