To: Mel Viticus who wrote (13717 ) 4/24/1998 5:34:00 PM From: dexx Read Replies (3) | Respond to of 27968
Firamada President Thanks Atrix' Employees And Shareholders For Their Support NEW YORK--(BUSINESS WIRE)--April 24, 1998--Firamada, Inc. President Ira Monas, in a prepared statement released today relating to Firamada's withdrawal from negotiations with Atrix International, Inc., expressed appreciation for the employees and shareholders of Atrix International. Mr. Monas said, "It is unfortunate that Firamada was not able to reach an agreement with Atrix. Our perception of Atrix' management and our research of Atrix' business practices would not allow us to continue in merger negotiations. "I would sincerely like to thank the numerous employees and shareholders of Atrix who called, faxed and e-mailed me directly; they saw the broad vision we had for a post-merger Atrix International. I am most grateful for the support and confidence afforded me by these fine people. I would also like to wish them the very best as their company tries to regain a foothold in their industry." Firamada, Inc. (OTC Bulletin Board: FAMH - news) is a national staffing company specializing in providing high-end temporary staffing, Information Technology (IT) placements, employee leasing and permanent placement personnel. Firamada's staffing locations include New York, Texas, Arizona, Missouri and California. Additionally, Firamada underwrites outside payroll financing for other staffing companies and re-insures workman's compensation plans. Firamada, Inc. also is co-producing the upcoming nationally syndicated Morton Downey, Jr. Television Talk Show. This press release contains forward-looking statements with respect to the results of operations and business of the Company that involves risk and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports to be filed with the Securities and Exchange Commission. Contact: Firamada Inc. Ira Monas E-mail: Irafm@aol.com Preferred Financial Marketing (310) 789-1132 Fax: (310) 789-1134