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To: Tech Master who wrote (861)	2/23/1998 8:36:00 AM
From: Scott Kelly	Respond to of 1845

Kaire Holdings Inc. Completes its China Acquisition Terms LOS ANGELES--(BW HealthWire)--Feb. 23, 1998--Kaire Holdings [OTC BB:KAHI - news] Inc. (''KHI''), BBS trading symbol KAHI, announces that following its Jan. 20, 1998, press release, it has completed the basic terms at a meeting in Longmont, Colo., on Feb. 20, 1998, for the acquisition of Potomak International, a Singapore based company and its primary subsidiary Nanjing Potomak Beauty & Care Co. Ltd. The definitive agreement for the acquisition of Potomak is scheduled for closing by Feb. 27 in Los Angeles. Per Steve Westlund, Kaire Holdings's chairman and CEO: ''We are very pleased with this pending acquisition, our first definition to our policies for international strategic partnering. Collectively this will bring our combined number of active consumer distributors to an excess of 365,000.'' Potomak has some 300,000 distributors in mainland China and is anticipating 1998 revenue in excess of $20,000,000 U.S. dollars. In additional to mainland China, Potomak also has direct sales and import licenses covering health food and cosmetics for Taiwan, Thailand and the Philippines. Based in Los Angeles, Kaire Holdings Inc. is a diversified group of companies that collectively provide a range of products and services from non-radioactive medical contrast imaging media and laboratory support services to medical researchers studying human blood flow, to food supplements, anti-oxidants, vitamins, weight management and personal care products to the receptive growing world wide baby boomer market. For more information visit our Web-site at www.imt-ltd.com.

To: Tech Master who wrote (861)	2/23/1998 9:50:00 AM
From: Scott Kelly	Respond to of 1845

Mortgage Bankers Holding Corp. Hires G. William Minner, Jr. as Chief Financial Officer CARNEGIE, Pa., Feb. 23 /PRNewswire/ -- Mortgage Bankers Holding Corp. (OTC Bulletin Board: MBHC - news) announced today that it has hired G. William Minner, Jr. as Chief Financial Officer to assist in fulfilling the requirements to become a fully reporting company with the Securities and Exchange Commission by the proposed reporting deadline of May 1, 1998. Mr. Minner has over 12 years experience in the financial services industry. He is a graduate of Marshall University with his Master of Science and Bachelor of Business Administration, in Accounting. In addition, he has a Master of Business Administration from the WV Graduate College and is a Certified Public Accountant. For the past 2 years, he has been a financial services consultant since the sale of Suburban Federal Savings Bank, Collingdale, PA to Main Line Bank, Villanova, PA. At Suburban, he was the Chairman, President and CEO. Mortgage Bankers Holding Corp.'s Chief Financial Officer, G. William Minner stated that, "I am excited about this opportunity and the long term prospects of this great financial services business. Currently, it is the Board of Directors intention to focus on the core business and assure SEC filings will be prepared by competent licensed professionals and filed directly with the SEC before April of 1998." Mortgage Bankers Holding Corp.'s Chairman, Raymond P. Sobieralski, said "We welcome Mr. Minner to our staff. Our company's strength ultimately the expertise and experience of its officers and directors. Our first and foremost concern is our shareholders and we maintain the fiduciary responsibility to engage the most talented personnel that will have a positive effect an our bottom line." Mortgage Bankers Holding Corp. is a diversified technology-based financial Services company, which, through its subsidiaries utilizes data transfer and exchange to offer a fall spectrum of financial and asset management services and products. Financial Statements in this press release (if any) other than historical facts are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. SOURCE: Mortgage Bankers Holding Corp.