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Microcap & Penny Stocks : Chester Holdings, Ltd. - CHES -- Ignore unavailable to you. Want to Upgrade?

To: David Rye who wrote (1076)	9/29/1999 2:55:00 PM
From: Chris K.	Read Replies (1) \| Respond to of 1174

Finally, some EXCELLENT NEWS IS OUT !! Check this out guys !! WE HAVE THE BLASTOFF OF PHARMAON-LINE !!! (BSNS WIRE) Chester Holdings Ltd. Announces Agreement With Union Healthc Chester Holdings Ltd. Announces Agreement With Union Healthcare Group Limited Business Editors/Medical Writers SIMPSONVILLE, S.C.--(BUSINESS WIRE)--Sept. 29, 1999--Chester Holdings Ltd. (Electronic Bulletin Board symbol: CHESE) today announced that it has entered into an agreement with Union Healthcare Group Limited of London, England to begin the implementation of the Pharma On Line program in the UK. Union Healthcare presently owns fifty-seven nursing homes in England, Wales and Ireland and is in the process of acquiring another five homes in Spain. Union also plans to enter the US market in 2000. The agreement calls for Chester and Union to jointly establish a centralized pharmacy network, based on the Pharma On Line system, in the UK. Chester and Union plan to have the system operational for the first quarter of 2000. Union Healthcare Group, currently processing more than $10 Million per year in prescriptions, will be the first client for the new system. Michael O'Shea, President of Chester Holdings Ltd., stated, "I look forward to working with Union Healthcare Group on this project. This will be the first system of its kind in the UK and Union Healthcare, a leader in the nursing home sector in the UK, is the ideal partner to help set up this program. This system will also provide a much needed revenue stream for Chester and will serve as a reference site for future development of Pharma On Line." "Safe Harbor" Statement under the Private Securities Litigation Act of 1995; to the extent that this press release makes statements about the future, such statements are forward looking and subject to a number of risks and uncertainties, including, but not limited to, the inability to meet all of the required reporting requirements. These risks could effect the ability of the Company to complete acquisition and successfully reorganize and resume operations as stated in any forward looking statements by, or on behalf of the Company. There is no assurance that the Company will be able to achieve any of its intended objectives. For information please phone or fax requests to 1-864-962-8638 --30--PS/ch* CONTACT: Chester Holdings Ltd., Simpsonville Michael F. O'Shea, 864/962-0976 KEYWORD: SOUTH CAROLINA INTERNATIONAL EUROPE INDUSTRY KEYWORD: PHARMACEUTICAL MEDICINE INTERACTIVE/MULTIMEDIA/INTERNET COMED 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 *