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Microcap & Penny Stocks : DecisionLink formerly FOCS -- Ignore unavailable to you. Want to Upgrade?

To: OLD JAKE JUSTUS who wrote (263)	8/1/2000 12:38:48 PM
From: Aerobleu	Respond to of 300

Big news for FOCS -- FiberChem and Intrex Complete Merger Business Editors LAS VEGAS--(BUSINESS WIRE)--Aug. 1, 2000--FiberChem Inc. (OTCBB:FOCS) announced that FiberChem of Las Vegas and Intrex Data Communications Corp. of Vancouver, B.C., and Dallas have completed the combination of their businesses. Geoff Hewitt, CEO of FiberChem, and David Peachey, CEO of Intrex, confirmed that they were both satisfied that all terms of the merger agreement had been satisfied, including the financing necessary to quickly move forward with the combined company's business plan. RP&C International of London assisted with the financing process. The new board of directors of FiberChem will initially be comprised of four FiberChem representatives Geoffrey Hewitt, chairman, Byron Denenberg, Irv Gruverman and Walter Haemmerli; and four Intrex representatives, including David Peachey, Peter Lagergren, Brian O'Neil and Trevor Nelson. A ninth board member will be appointed within the next month. Geoff Hewitt will continue as CEO of FiberChem, while David Peachey is now president and chief operating officer. Peter Lagergren is president of the Communications Division and Tom Collins is president of the Environmental Division. Brian O'Neil is executive vice-president Corporate Development and Mel Pelley will continue as CFO. A FiberChem shareholders' meeting will be held early this fall to seek approval of a change in the company's name to DecisionLink Inc., to change its trading symbol, and to increase its authorized share capital. The company will continue to operate under the FiberChem name and FOCS symbol until the changes are approved. Operations will remain in both Las Vegas and Dallas. FiberChem's Intrex Division provides proprietary Internet and communications technology for transmitting data to or from remote or mobile assets on a real-time basis using Orbcomm's and Norcom's satellite services and other wireless data systems. Data is routed through Intrex's global network which acts as a data gateway and applications service provider. This allows customers to monitor and control remote or mobile assets such as gas wells, propane tanks, pipelines, compressors, storage tanks, offshore platforms, or service vehicles directly from a desktop PC. FiberChem's Environmental Division develops, manufactures, markets and licenses fiber optic chemical sensors that produce continuous, real-time information on environmental pollutants in the air, water and soil. The FiberChem product line has been re-engineered to incorporate Intrex-developed communications technology. These new products offer the environmental monitoring community FiberChem's state-of-the-art sensing technology. This gives the customer all the benefits of satellite communications, including dramatically reducing installation and start-up costs, lowering communications charges, ubiquitous coverage and the ability to receive data on a customer-specific Web site. FiberChem's technologies are currently used in applications such as propane tank level monitoring, compressors, pipeline leak detection, aboveground storage tank monitoring, oil production, water quality monitoring and industrial wastewater compliance monitoring and control. This release includes forward-looking statements relating to the company's operations that are based on management's and third parties' current expectations, estimates and projections. These statements are not guarantees of future performance and actual results could differ materially. Statements in this release include forward-looking statements that involve risks and uncertainties. These risks and uncertainties include: the ability to combine the two companies into a unified entity, the combined entity's ability to market its services using the two companies' technologies, the timely development and acceptance of new products, final promulgation and enforcement of regulations, the impact of competitive products and pricing, the timely funding of customers' projects, customer payments to the company and other risks detailed from time to time in the company's SEC reports. --30--mtb/la* rj/la CONTACT: Quest Capital A Division of Continental Capital & Equity Corp. Scott A-B Gibson, 407/862-5151 e-mail: scott@insidewallstreet.com www.insidewallstreet.com KEYWORD: NEVADA TEXAS INTERNATIONAL CANADA INDUSTRY KEYWORD: INTERNET TELECOMMUNICATIONS ENVIRONMENT MANAGEMENT CHANGES 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 Aug-01-2000 16:29 GMT Symbols: US;FOCS Source BW Business Wire