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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: lmw who wrote (550)	12/29/1997 11:48:00 AM
From: Brad	Read Replies (1) \| Respond to of 27968

LMW, I understand that, yes, Adam Arif does own a very large portion of the outstanding shares. Regarding your other question, I have asked the PR firm and they are not aware of any family relationship between Ira Monas and Arif Adam or the Adams family :-) Here is the text of the announcement they made when Ira became Pres. --------------------------------- NEW YORK, Aug. 28 /PRNewswire/ -- Firamada, Inc. (OTC-Bulletin Board: FAMH) hired a new President, Ira A. Monas, to take the reins of the day to day operations of the company. Arif Adam remains CEO and will concentrate on Franchising and Corporate Sales. Mr. Monas has 20 years of Finance, Banking and Marketing behind him. Since Mr. Monas joined the company he has increased sales by 22% while reducing expenses by 21%. Firamada, Inc. is currently negotiating with Carnival Cruise Lines, Chase Manhattan Bank and Hilton Hotels for national contracts. The company plans to open an office in Miami by November 1, 1997. It is projected that this new office will increase sales to $10 million to $12 million in 1998. Firamada, Inc. is a temporary staffing company dedicated to delivering trained personnel that surpass the high standards of its clients. Firamada has been able to successfully conduct business nationwide for financial, clerical and hospitality service industries using state-of-the-art information systems. Centralized billing and abilities to provide on-site management enable Firamada to offer convenient quality service. Firamada has offices throughout Texas, as well as sites in St. Louis, Missouri; Phoenix, Arizona; and New York. Firamada, Inc. is proud to announce that Colonia Insurance Company, part of AXA Group, the second largest insurance company in the world, has joined their growing client family. Because of the highly competent manner in which Firamada conducted itself, the Vice President of Colonia issued a mandate to build a new division using Firamada, Inc. staffing. Furthermore, the Phoenix office of Firamada, Inc. has come to an agreement with Coca-Cola Merchandising, to provide staffing solutions. This relationship with Coca-Cola is yet another example of the growing impact Firamada, Inc. is having on the staffing community nationwide! SOURCE Firamada, Inc. -0- 8/28/97 /CONTACT: Susan Beisler of Firamada, 212-269-4777/(FAMH) CO: Firamada, Inc. ST: New York, Arizona IN: SU: PER SR-DG -- NYTH087 -- 2721 08/28/97 16:17 EDT prnewswire.com --------------------------------- Best wishes, Brad