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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Mr Metals who wrote (1026)	12/22/1998 10:09:00 AM
From: Due Diligence	Read Replies (1) \| Respond to of 15987

FSGI- two releases in two days. just in......... (PR Wires) DJ: FSGI Corporation Announces Name Change to Reflect New In DJ: FSGI Corporation Announces Name Change to Reflect New Internet Company and Appoints New Board of Directors ATLANTA, Dec. 22 /PRNewswire/ -- FSGI Corporation (OTC Bulletin Board: FSGI) announced today that it has agreed to change its name to reflect the recent acquisition/merger with The Martial Arts Network On-Line, Inc. The new name of the company will be TMAN Global.Com, and the company headquarters will be relocated to Universal Studios Florida. Both changes will take effect as of January 1, 1999. As previously reported, The Martial Arts Network On-Line is a two-year-old Internet company that has built one of the largest web sites in the world, located at www.martial-arts-network.com, devoted exclusively to the martial arts and health/fitness industries. TMAN On-Line, as it is sometimes called, was a wholly owned subsidiary of a television network located out of Universal Studios Florida called The Martial Arts Action Network and was purchased for 3 million shares of restricted common stock of FSGI Corporation. The merger of the two companies brings about a wealth of new management talent to the organization. In a unanimous vote Monday morning, Ron Tramontano and Tony Interdonato were both appointed to the Board of Directors of the new company. Tramontano will serve as president of the new corporation, while Interdonato will act as Chairman and CEO. Tramontano, a 5th Degree Black Belt in Tang Soo Do, is also a successful business executive with many years of experience in running an Internet-related firm. Interdonato is currently the president of The Martial Arts Action Network, a television network located at Universal Studios Florida in Orlando. Jason, Lents, former president of FSGI, will remain on the Board of the new company and will continue to serve as President and CEO of Financial Standards Group, FSGI Corporation's wholly owned subsidiary. In another development, TMAN Global.Com has decided to continue using Managerial Advisory Services as their investor relations firm. MAS spokesperson, Cesar Muniz, says, "We are happy to continue to be associated with FSGI Corporation in their new direction of being an on-line Internet company and look forward to many years of success together." Financial Statements in this press release other than historical facts are "forward-looking" statements with 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. /CONTACT: Tony Interdonato of TMAN Global.Com, 407-370-4460; or Cesar Muniz of Managerial Advisory Services, 813-814-2725/ 09:49 EST * end of story *