To: Jim Bishop who wrote (74981 ) 12/19/2000 12:57:38 PM From: Joe Copia Respond to of 150070 MEHO NEWS REMINDER: LOS ANGELES, CA, Dec 19, 2000 (INTERNET WIRE via COMTEX) -- Meridian Holdings, Inc. (OTC: Bulletin Board: MEHO - news), reminds its shareholders of two important outstanding end of year events for fiscal year 2000. Dividend Distribution of CGI Communication Services, Inc..... Pursuant to a resolution adopted by the board of directors on October 17th, 2000, for each 20 shares of common stock of MEHO owned, shareholders of record as of January 2, 2001 will be issued one (1) share of common stock of its' CGI Communications Services, Inc., subsidiary. The dividend distribution, which will be made to all shareholders -- excepting all current and past officers, directors and affiliates -- will take place in January 2001, following MEHO's annual meeting. Corporate Stock Transfer (Denver), the company's stock transfer agent, will process the dividend issuance. "The dividend is in appreciation for shareholder support during the past year, and in keeping with Meridian's goal of increasing shareholders' value," stated Anthony C. Dike, Meridian's chief executive officer. The Venue for Annual Shareholder Meeting......Meridian's upcoming Annual Meeting of Stockholders will be conducted at 1:00PM PST, on January 5, 2001, at the Ramada Inn Hotel located at: 6333 Bristol Parkway, Culver City, CA. All shareholders are reminded to mark their calendars for these two important events. Please contact Meridian Investor Relations at 213-627-8878 for any further clarifications. About CGI Communications Services, Inc. CGI Communications Services is a specialized Applications Services Provider (ASP) subsidiary of Meridian Holdings, Inc. Our fully integrated, cost-effective solution approach gives businesses little reason to search elsewhere for the same solution that would be delivered by 2 to 3 different companies, each specializing in one facet to the whole solution. For more information please visit our website at www.cgics.com. About Meridian Holdings, Inc. Meridian is an acquisition-oriented business enterprise focused on building, operating and managing a portfolio of business-to-business companies. Meridian seeks to acquire majority or controlling interests in companies engaged in e-commerce, e-communication, and e-business services, which will allow the holding company to actively participate in management, operation and finances. Meridian's network of affiliated companies is designed to encourage maximum leverage of information technology, operational excellence, industry expertise and synergistic business opportunity. Meridian is committed to building shareholder value by positioning affiliated companies as independent business entities in which Meridian shareholders enjoy equity participation. The company's InterCare subsidiary is an FDA-registered internet-based healthcare management software developer and solutions provider. Visit Meridian's website at www.meho.com. NOTE: Statements in this news release that are not purely historical are forward-looking statements within the meaning of 27A of the Securities Exchange act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of the 1995 and any amendments thereto. Material that is forward looking may contain statements about expected future events and/or financial results that are forward-looking in nature. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties that may cause the company's results to differ from such forward-looking statements. These include but are not limited to, economic, competitive, governmental, technological and other factors discussed in the statements and/or in the company's filings with the Securities and Exchange Commission. CONTACT: Anthony C. Dike, MD Chairman/CEO Meridian Holdings, Inc. 213-627-8878 Danute Debney Shaw Media Relations Meridian Holdings, Inc.