To: Mike E. who wrote (40840 ) 12/8/1999 1:27:00 PM From: bigbuk Respond to of 108040
MHUT buying continues!!!!!!!!!!! BB Wednesday November 10, 12:28 pm Eastern Time Company Press Release OSHA Revises Directives Regarding Bloodborne Pathogens LAKEWOOD, N.J.--(BUSINESS WIRE)--Nov. 10, 1999--Joseph Sanpietro, President of Medi-Hut Co., Inc. (OTC BB:MHUT) has announced today that on November 5, 1999 the Occupational Health and Safety Administration mandated new directives regarding bloodborne pathogens that will help minimize serious health risks associated by workers who are exposed to blood and other potentially infectious materials. Secretary of Labor Alex M. Herman stated, ''We must do everything that we can to protect workers who may be at risk of exposure to bloodborne diseases.'' He went on to state, ''This directive doesn't place new requirements on employers, but it does recognize and emphasize the advances made in medical technology. It also reminds employers that they must use readily-available technology in their safety and health programs.'' These directives will further insure the safety of all health care workers and patients in all fifty states who are risking their health and lives by using conventional medical devices. Joseph A. Sanpietro, President of Medi-Hut Co., Inc. stated, ''These directives come in a time where new technology, that has been incorporated into our Safety Syringe, will help to convert the health care facilities into a safer environment by reducing the amount of accidental needle sticks associated with the use of medical sharps.'' Medi-Hut Co., Inc. was founded in 1982 and began trading publicly in February 1998. The company private labels and recently announced their own ''Elite brand'' insulin syringes, condoms, alcohol preps and hot & cold therapy packs, etc. as well as their TRU-CHOICE Brand of OTC Drug Products. Medi-Hut Co., Inc. will also manufacture its own patented brand anti-stick safety syringe, which will incorporate a transparent sleeve into which the needle will automatically retract after use. The above statements, regarding this announcement, which are not purely historical, are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, including Medi-Hut Co., Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and based on information available to Medi-Hut Co., Inc. as of such date. It is important to note that actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could affect actual results to differ materially include risks and uncertainties such as technological, legislative and marketplace changes. Contact: Medi-Hut Co., Inc. Joseph Sanpietro, President, 732/901-0606 or Brokers and Analysts Columbia Financial Group, Inc. 888/301-6271