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Non-Tech : INVT - Investamerica, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (100)	12/7/1999 8:28:00 AM
From: forty1	Respond to of 214

InvestAmerica, Inc. - Optica Communications Group Inc. - Announces Letter Of Intent To Acquire ZED Data Systems Corp. PARK CITY, Utah--(BUSINESS WIRE)--December 7, 1999-- InvestAmerica, Inc. (Optica Communications Group Inc.) (OTCBB: INVT) today announced that it has entered into a Letter of Intent to acquire 100% of the shares of ZED Data Systems Corp. Brian Kitts, Director of InvestAmerica inc. (Optica Communications Group Inc.) stated, "We are very pleased to be acquiring such a quality organization as ZED Data Systems Corp. Sales revenue for year 2000 is forecast to be in excess of $20,000,000. The technical and market expertise of ZED will be leveraged to enable Optica to offer hardware and related services to our bandwidth customers." ZED Data Systems Corp. is a Value Added Reseller of telecommunications equipment and services, focusing on the medium to large enterprise and government sectors. ZED has been a highly successful VAR for twenty years and was recently named one of the top 100 VARs in Canada by Channel Business Magazine and International Data Corporation (IDC). Statements about the company's future expectations and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E, of the Securities Exchange Act of 1934, and as the term is defined in the Private 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 certain risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. -------------------------------------------------------------------------------- Contact: InvestAmerica, Inc. Brian Kitts, 801/808-6096