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To: Jim Bishop who wrote (58036)8/4/2000 1:22:39 PM
From: Tom Allinder  Read Replies (5) | Respond to of 150070
 
DNAP... continuing to move ahead... :) ESTG news... read carefully:

LAS VEGAS, Aug 4, 2000 (BUSINESS WIRE) -- ELAST Technologies, Inc., (OTC-BB:
ESTG) www.elast.com announced this afternoon that its Board of Directors is
engaged in negotiations with a Mexican investment group that is seeking to
secure exclusive licensing rights to the ELAST Device(TM) in the Republic of
Mexico. According to Thomas F. Krucker, President and CEO of ELAST Technologies,
"These negotiations are a strong indicator of the strength of international
investor confidence in the ELAST Device(TM). Our licensing agreements will
facilitate and expedite the marketing of the ELAST Device(TM) abroad upon its
final development while the FDA approval for US distribution is pending."

Tom



To: Jim Bishop who wrote (58036)8/4/2000 3:11:45 PM
From: on parole  Read Replies (1) | Respond to of 150070
 
IIMC news:

Friday August 4, 12:57 pm Eastern Time
Press Release
SOURCE: Internet Multimedia Corporation
Internet Multimedia Corporation Completes Acquisition Of AmEurotech Corporation
CHARLOTTE, N.C., Aug. 4 /PRNewswire/ -- Internet Multimedia Corporation (OTC Bulletin Board: IIMC - news) announced today it has completed its acquisition of AmEurotech Corporation. Complete details of this transaction as well as up to date business development and financials will be released early next week. Today all terms have been agreed upon and both parties have signed contracts finalizing the transaction.

American Holdings Corporation dba AmEurotech Corporation is a North Carolina-based software and hardware technology company with $6.5 million in tangible assets and has ongoing business in Greece, Spain, the United Kingdom, and currently expanding its business into the United States and South America. The company's net earnings for fiscal 2001 are projected to be between $20 million and $25 million.