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Biotech / Medical : A Luxury Resort for the ill -- Medical Resorts Intl.TRAC -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (1024)	2/4/1999 10:17:00 AM
From: Jeff Welch	Respond to of 1126

NEWS!!!!!!!!!!!!!!!!!! Medical Resorts International Inc. EDMONTON, Feb. 4 /CNW/ - Medical Resorts International Inc. is pleased to announce that it has purchased 60% of the issued and outstanding shares in International Biotech Corporation (IBC). The 60% interest was acquired in exchange for 2.0 million common shares of Medical Resorts International Inc. International Biotech Corporation has the exclusive rights to distribute the V-Scan Test Kits in the Caribbean and other locations. IBC also has the right to market the V-Scan Test Kits on the internet IBC (see: www.biotech-ibc.com). The V-Scan Test Kits are home test kits for HIV, Hepatitis C and Hepatitis E. The home test kits are easy to use, non-invasive, give results in (4) four minutes with 99% accuracy. They do not require refrigeration and the results are totally confidential. The issued and outstanding shares in the Company is 30,928,592. Medical Resorts International Inc. trades on the Canadian Dealing Network (CDN) Toronto under the Symbol ''MDRE'' in the United States on the NQB Pink Sheets under the symbol ''MRINF''. Dated this 3rd day of February 1999. -30- For further information: Robert Talbot at (403) 430-6363

To: marcos who wrote (1024)	2/4/1999 10:17:00 AM
From: Luc Beaugrand	Read Replies (1) \| Respond to of 1126

Medical Resorts acquire shares in International Biotech Medical Resorts International Inc MDRE Shares issued 30,928,592 Feb 3 close $0.135 Thu 4 Feb 99 News Release Mr. Robert Talbot reports Medical Resorts International Inc. has purchased 60 per cent of the issued shares in International Biotech Corporation. The 60 per cent interest was acquired in exchange for 2.0 million shares of Medical Resorts International Inc. International Biotech Corporation has the exclusive rights to distribute the V-Scan test kits in the Caribbean and other locations. IBC also has the right to market the V-Scan test kits on the Internet IBC. The V-Scan test kits are home test kits for HIV, Hepatitis C and Hepatitis E. The home test kits are easy to use, non-invasive, give results in four minutes with 99 per cent accuracy. They do not require refrigeration and the results are totally confidential.