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Microcap & Penny Stocks : Intl. Absorbents (IABS, formerly IABSF) -- Ignore unavailable to you. Want to Upgrade?

To: crj_ who wrote (182)	9/30/1998 3:32:00 PM
From: RP	Respond to of 206

The following release was obtained from Yahoo at biz.yahoo.com --------------- International Absorbents Signs Master Distributor Agreement With Firm in India BELLINGHAM, Wash., Sept. 30 /PRNewswire/ -- International Absorbents Inc. (OTC Bulletin Board: IABS - news), a leading manufacturer and marketer of sorbent products made from waste wood fiber, today announced that is has signed a 5-year Master Distributor agreement with a well-respected firm based in Bombay, India. This firm will distribute the Company's products to India and the surrounding countries of Pakistan, Afghanistan, Nepal, Sri-Lanka, Bhutan and Bangladesh. This new distributor, a seasoned organization with a reputation for success, has been operating in India since 1958. Due to their experience and strong regional relationships, they offer excellent access to prime markets within India and surrounding areas, including the petro-chemical industry and government. ''We are very pleased that the Company has been able to form a distribution partnership with such an organized and successful firm,'' commented Reg Daws, International Sales Manager. ''They sold their first few containers very quickly and are currently working on news orders. ''From what I saw during my visit to India, I am confident that we can look forward to good sales growth from this region.'' ''We are excited about the Company's current and future international prospects,'' stated Shawn Dooley, VP for Sales and Marketing. ''The potential is enormous in these emerging markets.'' International Absorbents Inc. develops, manufactures and markets patented and proprietary, cost-effective sorbent products derived from recycled, renewable materials. These environmentally safe products outperform conventional products used in a broad range of industrial and consumer applications, including oil and hazardous liquid spill cleanup and control, oil/water filtration, packaging and commercial/retail animal bedding and litter. Further information about International Absorbents is available at www.absorbent.com. This news release may contain forward-looking statements with respect to the operations and business of the Company that involve risks and uncertainties. These risks and uncertainties are detailed from time to time in the Company's filings with the Securities & Exchange Commission. SOURCE: International Absorbents, Inc.