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Microcap & Penny Stocks : AREE - Formerly TVSI -- Ignore unavailable to you. Want to Upgrade?

To: Debra&Jeff who wrote (1980)	3/11/1998 12:14:00 AM
From: Bob Garrett	Read Replies (2) \| Respond to of 6528

TVSI News Release -------------------------------------------------------------------------------- Tuesday March 10, 5:23 pm Eastern Time Company Press Release Travis Industries Inc. makes announcement GOLDEN, Colo.--(BUSINESS WIRE)--March 10, 1998--Travis Industries Inc. (OTC:TVSI - news) announced today that it has received a communique from Next Level Sports Systems Inc. (Next Level), in which Next Level has terminated ''all further discussions and/or relationships with Planet Sports and Travis Industries, Inc. effective March 9, 1998.'' Next Level declined to state a specific reason for its action. Travis' management will not speculate on Next Level's reasons for withdrawing from negotiations. Travis' management stated that the company remains committed to its plan of acquiring companies in the outdoor sports industry through its previously announced relationship with Planet Sports Inc., by moving on to the next project. Any further information will be provided by public announcement as and when deemed appropriate by management. -------------------------------------------------------------------------------- Contact: Travis Industries Inc., Golden Steve Cayou, 303/271-1200 -------------------------------------------------------------------------------- More Quotes and News: Travis Industries Inc (OTC BB:TVSI - news) Related News Categories: banking -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright c 1998 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments?