To: Diamond Jim who wrote (155 ) 12/20/1999 4:03:00 PM From: Diamond Jim Read Replies (1) | Respond to of 199
12/20 09:52 Urecoats Industries Inc. Retains New York City Based Corporate UREC.OB> Urecoats Industries Inc. Retains New York City Based Corporate Relations Firm POMPANO BEACH, Fla.--(BUSINESS WIRE)--Dec. 20, 1999--Urecoats Industries Inc. (OTC BB: UREC - news) today announced that it has hired The Investor Relations Group, Inc., ("IRG") based in New York City, NY, USA as its new financial and corporate communications company. Investor and media inquiries regarding Urecoats Industries Inc. can be directed to IRG at Tel: 212.736.2650, Fax: 212.736.2610. The Investor Relations Group provides a full complement of investor relations and corporate communications services to assist clients in defining their investor relations objectives. IRG will develop investor awareness for Urecoats Industries Inc., a Bulletin Board company that is emerging in the roofing and sealant industry and is expected to be a major player. "We are expanding our corporate relations program to incorporate a more affirmative outreach into the financial community," said Larry T. Clemons, C.O.O. and president of Urecoats. "In seeking to generate awareness of our publicly traded stock and in seeking a corporate relations program that also includes a full service public relations aspect, The Investor Relations Group, we believe will prove to be an excellent choice for the Company." About Urecoats Industries Inc. Urecoats Industries Inc. has completed development of its first Rubber Sealant Membrane (RSM)(TM) product, URECOATS 100(TM), a coating and sealant made from a proprietary formula comprised of among other things, urethanes and crumb rubber from recycled tires. The formula is currently the subject of a utility patent application filed by Urecoats with the U.S. Patent and Trademark Office. The coating and sealant is applied through a unique spray application system presently in its final stages of development and testing. Urecoats Industries Inc. is based in Pompano Beach, Florida. For more information on the company, call 1800 382 4931 or visit the Company's web site at www.urecoats.com. Statements about the Company's future expectations, including future revenues, earnings and transactions, as well as all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results and other corporate developments could differ materially from that which has been anticipated in such statements. --30--bk/ny* CONTACT: The Investor Relations Group Investors and Media: Dian Griesel, Ph.D./Shayne Payne, 212/736-2650/TheProTeamaol.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire