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To: Taki who wrote (40212)	3/30/2000 1:23:00 PM
From: Taki	Read Replies (2) \| Respond to of 150070

GOOD news on HICS, great price.BICO higher.YEAAAAAAAAA (BSNS WIRE) Hydrogiene & Medigard Update Hydrogiene & Medigard Update Business Editors/Health & Medical Writers BIOWIRE2K SAN DIEGO--(BW HealthWire)--March 30, 2000--Charles Kallmann, Chairman and CEO of the Hydrogiene Corporation (OTCBB:HICS) announced today that Hydrogiene has entered into memorandums of understanding leading to Contractual Agreements executed no later than April 1 with National Brokers & Distributors of Las Vegas and Lifequest Inc. of Provo, UT for acquisition of both companies. NB&D a National & International sales organization holding the rights to sell Minute Maid orange juice products throughout the world also represents Bakers Pie Corporation products nationally as well as internationally. NB&D represents other products as well that during the year 2000 are expected to generate over ten million dollars in revenues for the company. Lifequest Inc., manufactures a complete line of cosmetics under the trademarked name Oxford Rose. The product line will be introduced to the United States over the next six months and will be sold in major department store chains. To this date Oxford Rose Cosmetics have been sold in Japan and generated revenues of over a million dollars. Oxford Rose Cosmetics are unique in that they contain special ingredients that provide superb benefits to the skin. Revenues are projected to be heavy since interest by department store buyers has been excellent. Kallmann further stated as part of the acquisition of Lifequest's assets Hydrogiene has acquired ownership of Lifequest's building with a MIA appraised value of $800,000. The facility fully equipped with laboratories, manufacturing, inventories and all machinery required to turn out at least ten million dollars of Oxford Rose products annually. Acquisition of both companies being part of Hydrogiene's strategic five year goal designed to position the company into the Home Health Care, Cosmetic, Herbal and Supplements, and Water related industries with Hydrogiene becoming a holding company of it's wholly owned subsidiaries. Kallmann added all other related factors related to the company's introduction of its Mediclenze and Theraclenze products are solidly on track to meet targeted introduction dates to the company's first two major retailers. In conclusion, Kallmann stated with completion and filing of Hydrogiene's 10k SEC Reports the company will immediately file an SB-2 Registration followed up in June with an SEC Shelf Registration Application. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward looking statements that are made pursuant to the Safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future results in future periods to differ from forecasted results. --30--cp/mi* CONTACT: Capital Research Group, Inc., Weston, Fla. Chuck Tamburello, 954/217-8555 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: MEDICAL DEVICES RETAIL BIOTECHNOLOGY MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com