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Microcap & Penny Stocks : NETZ - gets deal with DEC! future 100 bagger? -- Ignore unavailable to you. Want to Upgrade?

To: Terry T. who wrote (1206)	12/15/1997 12:33:00 PM
From: Frank Fontaine	Respond to of 1702

NETZ-NEWS: Netmaster to Acquire A.T.I.S, Names Former BMW Executive to Lead Group PR Newswire - December 15, 1997 12:18 NETZ %CPR %AUT %TNM %PER V%PRN P%PRN -------------------------------------------------------------------------------- NEWPORT, R.I., Dec. 15 /PRNewswire/ -- Former BMW Executive Ronald I. Meatchem has agreed to join Netmaster Group, Inc. (Nasdaq: NETZ) as Chairman and CEO. Mr. Meatchem has over 40 years experience in the Automotive Industry in Australia and South Africa. As Managing Director for BMW Australia from 1979 to 1993, Mr. Meatchem established the BMW subsidiary as the luxury car leader in Australia for 14 consecutive years, with 1993 sales of over $500M. "The automotive industry, like many large, multinational businesses, have reached a point where they are ready to take advantage of the internet as a primary means to provide and collect information from their customers," said Mr. Meatchem. "With it's innovative technology and interactive advertising services, Netmaster is well positioned to become a leader in the international market of providing internet-based service technology." Netmaster has also agreed on terms to buy Automotive Technology Information Systems, LTD., ("A.T.I.S.") for cash and stock. A.T.I.S. is an Australian company headed by Mr. Meatchem. Mr. Meatchems experience and knowledge of the global marketplace, will be used to expand the Netmaster Groups services to an international audience. A.T.I.S. will be merged with NETZ-Autotrak Systems, Inc., the subsidiary that is developing internet-based reporting systems for the automotive industry. This press release contains certain forward-looking statements and projections (including statements including plans and objectives of management for future operations and services, and statements concerning expectations) that are based on management belief as well as assumptions made by, and information currently available to, management. The company's actual results might differ materially from the plans envisioned, or results projected by, those statements if the company's assumptions prove to be incorrect or for a variety of reasons. SOURCE Netmaster Group, Inc. /CONTACT: Rose Kander, Investor Relations of The Netmaster Group, 401-842-0002/ (NETZ)

To: Terry T. who wrote (1206)	12/15/1997 12:33:00 PM
From: Mach 2	Respond to of 1702

Monday December 15, 12:18 pm Eastern Time Company Press Release SOURCE: Netmaster Group, Inc. Netmaster to Acquire A.T.I.S, Names Former BMW Executive to Lead Group NEWPORT, R.I., Dec. 15 /PRNewswire/ -- Former BMW Executive Ronald I. Meatchem has agreed to join Netmaster Group, Inc. (Nasdaq: NETZ - news) as Chairman and CEO. Mr. Meatchem has over 40 years experience in the Automotive Industry in Australia and South Africa. As Managing Director for BMW Australia from 1979 to 1993, Mr. Meatchem established the BMW subsidiary as the luxury car leader in Australia for 14 consecutive years, with 1993 sales of over $500M. ''The automotive industry, like many large, multinational businesses, have reached a point where they are ready to take advantage of the internet as a primary means to provide and collect information from their customers,'' said Mr. Meatchem. ''With it's innovative technology and interactive advertising services, Netmaster is well positioned to become a leader in the international market of providing internet-based service technology.'' Netmaster has also agreed on terms to buy Automotive Technology Information Systems, LTD., (''A.T.I.S.'') for cash and stock. A.T.I.S. is an Australian company headed by Mr. Meatchem. Mr. Meatchems experience and knowledge of the global marketplace, will be used to expand the Netmaster Groups services to an international audience. A.T.I.S. will be merged with NETZ-Autotrak Systems, Inc., the subsidiary that is developing internet-based reporting systems for the automotive industry. This press release contains certain forward-looking statements and projections (including statements including plans and objectives of management for future operations and services, and statements concerning expectations) that are based on management belief as well as assumptions made by, and information currently available to, management. The company's actual results might differ materially from the plans envisioned, or results projected by, those statements if the company's assumptions prove to be incorrect or for a variety of reasons. SOURCE: Netmaster Group, Inc. More Quotes and News: Netmaster Group Inc (OTC BB:NETZ - news) Related News Categories: automobiles, computers