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To: Jim Bishop who wrote (46158)	5/9/2000 9:13:00 AM
From: LANCE B	Respond to of 150070

ARSU-IN LESS THAN 3 WEEKS THIS COMPANY IS DOING A 5 FOR 1 FORWARD SPLIT........I TALKED WITH COMPANY LAST WEEK AND WAS TOLD THAT NEWS OF FILING BE DONE BEFORE THE SPIN OFF,SO THIS SHOULD BE TRADING ON THE OTCBB BY SPIN OFF TIME.............. Academy Resources, Inc. Signs Letter of Intent to Acquire a New York Based ISP VANCOUVER, British Columbia--(BUSINESS WIRE)--May 9, 2000--Academy Resources, Inc., (OTC:ARSU) announced today that they have signed a Letter of Intent to acquire a New York based ISP. (Internet Service Provider) This ISP is a private company with the future of Internet technology at hand. Terms of the Letter of Intent are for Academy Resources, Inc. to acquire all the issued and outstanding shares of the private company. Pending shareholder approval, it is anticipated that the merger will close by the end of June. This private company is a startup Internet Service Provider ("ISP") based in NYC, with dial up access nodes in 152 of the nations largest cities whose target customers are small and mid size businesses. The company also provides cutting edge technology to its subscribers with a business card-size CD-ROM designed to be carried in a wallet. This card allows instant access to the subscribers Internet and E-mail account from any computer, anywhere in the US. FORWARD LOOKING STATEMENT Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and invoke risks and uncertainties, which may affect the Company's business and prospects and cause actual results to differ material from these forward-looking statements. CONTACT: WorldVision Financial Group, Casselberry, Fla. Keith Baldridge, 888/345-6060 or 407/834-8944 Web-site: www.wvfg.com E-mail: relations@wvfg.com KEYWORD: INTERNATIONAL CANADA NEW YORK BW1317 MAY 09,2000