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Microcap & Penny Stocks : Auxer Group (AXGI) -- Huge revenue growth w/ new contracts -- Ignore unavailable to you. Want to Upgrade?

To: FloridaGatorMike who wrote (1086)	2/8/1999 12:13:00 PM
From: Micro-Selector	Respond to of 1664

* NEWS OUT * Monday February 8, 11:46 am Eastern Time Company Press Release Auxer Group Announces Record Orders Received for January CARQUEST test orders successful, Easy-Test products will enter 1999 catalog WAYNE, N.J.--(BUSINESS WIRE)--Feb. 8, 1999--The Auxer Group, Inc. (OTC BB: AXGI) announced today that it's automotive subsidiary, Harvey Westbury received record orders for January 1999 in excess of $70,000. Investments during 1998 in new database systems and sale initiatives have enabled the company to more effectively manage its current clients and tap new markets. Harvey Westbury received higher than expected orders in January placing the company on a profitable pace ahead of projections. ''We are very pleased with results for January. With the recent success from Carquest as well as other upcoming programs, the company is very optimistic for 1999,'' said Eugene Chiaramonte, Jr., President of Auxer. Additionally, the company has received full payment from CARQUEST® Automotive Products, Inc. from the test orders. Test orders have been well received and Carquest has committed to adding all nine (9) Easy-Test® products to their 1999 catalog scheduled in the spring. With the notification of being added to the CARQUEST catalog, Harvey Westbury is anticipating another series of orders from CARQUEST to meet the catalog demand. The Harvey Westbury Corporation entered into a licensing agreement with CARQUEST Products, Inc. in October of 1998 to act as an OEM manufacturer, assembler, and private label packager of a wide variety of products under the CARQUEST label. Auxer's quality products will be distributed domestically and internationally through CARQUEST's network of 52 warehouse distributors and over 3,600 retail outlets. CARQUEST's annual revenues exceed $600,000,000. ABOUT THE COMPANY The Auxer Group, Inc. (OTC-BB ''AXGI'') is an investment holding company that is comprised of three wholly-owned subsidiaries: Harvey Westbury Corporation, CT Industries and Universal Filtration. Auxer Group is a manufacturer, wholesaler and distributor of automotive, marine and aviation after-market and hardware products. These products are currently sold to major retail chains around the country including, PEP BOYS, MANNY, MO and JACK, CARQUEST, PARTS AMERICA (WESTERN AUTO), WAL MART, KMART, WEST MARINE just to name a few. The Auxer Groups' most well known products include FORMULA 2000 ULTIMATE (A high performance engine treatment), GARRY'S ROYAL SATIN WAX AND POLISHES (a 70 year old superior car and marine wax line). Forward-looking statements in this release are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, competition, new products and technological changes, intellectual property rights and other risks. For more information please visit our websites at www.auxer.com Contact: Auxer Investor Relations 800-418-2002 or PMR and ASSOCIATES Patrick M. Rost, 760/612-3643