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Microcap & Penny Stocks : SFAD Breaking into the INTERNET in a big way! -- Ignore unavailable to you. Want to Upgrade?


To: Popiye who wrote (1301)2/23/2000 7:32:00 PM
From: Laura E.  Respond to of 1322
 
Safe Technologies Issues Management Report To Shareholders
Thu Feb 10 17:16:00 EST 2000

PALM BEACH, Fla., Feb 10, 2000 /PRNewswire via COMTEX/ -- Safe Technologies
International, Inc., (OTC Bulletin Board: SFAD) issued a report statement today.

Brad Tolley, V.P. of Investor Relations, said, "Management is currently devoting
a preponderance of their time to the tasks relating to end of the year reports,
filing, etc. SFAD, being, a fully SEC reporting company since 1986, and having
moved from a Development Stage Company to an Operating Company in 1998, with,
now three wholly owned subsidiaries, is currently undergoing financial audits of
each entity, in preparation for the filing of SFAD's Consolidated Financials,
the annual 10KSB, due on or before March 31, 2000.

Mr. Tolley concluded by saying, "Additionally, Management has been, and
continues to be in serious discussion with several entities relating to planned
growth for the Company, designed to increase Shareholder value. We would hope to
substantially conclude negotiations within 30 days."

Forward-Looking Statements: Except for the historical information contained
herein, this news release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of l934, as amended, that may
involve risks and uncertainties, including those relating to the availability of
suitable financial resources, the availability of management, unproven market
for SFAD's products and services as well as other risks detailed from time to
time in the Company's SEC reports, including reports on Form 10KSB for the year
ended December 31, 1998 and Form 10-QSB for the quarter ended September 30,
1999.

SOURCE Safe Technologies International, Inc.

(C) 2000 PR Newswire. All rights reserved.




To: Popiye who wrote (1301)2/24/2000 11:36:00 AM
From: Jorjenzak  Read Replies (2) | Respond to of 1322
 
It got my attention!

Jumped in this a.m.