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To: pete2 who wrote (209)4/5/1999 3:20:00 PM
From: Carl  Read Replies (1) | Respond to of 270
 
04/05 14:24 Treasury International Announces New Management and Company
Strategy <TREY.OB>

Treasury International Announces New Management and Company Strategy
TORONTO, April 5 /PRNewswire/ -- Treasury International, Inc. (OTC Bulletin Board: TREY) today issued the following:

1. New Board of Director Member

Treasury International, Inc. is pleased to announce that Mr. Marlin

Doner has joined the company's Board of Directors. Mr. Doner brings

over ten years experience in new business development, administration

and board governance.

2. Previous Management Resigns

Treasury International, Inc. announced the resignation of James Hal

as Chairman of the Corporation and Howard Halpern resigned as Chief

Financial Officer and Executive Vice-President of the Corporation.

Further, Mark Halioua and Robert Abourmad tendered their resignations

as directors of the Corporation.

3. New Board of Directors for Treasury International, Inc. Treasury

International, Inc. announces as its new Board of Directors Mr. Dale

Doner, Chairman, Mr. Lawrence Zeiben, Mr. Marlin Doner, Mr. James

Hal.

4. New Management Team

Treasury International, Inc. announces that it has appointed Mr. Dale

Doner as Chairman of the Board, President and CEO. Mr. Doner stated

"the changes in the management team and company's direction are first

steps to building shareholder value as the cornerstone of Treasury

International's activity."

The company also announces the appointment of Mr. Marlin Doner as Chief

Operating Officer with responsibility for corporate structure and

administration.

5. Acquisition of Pioneer Media Group

Treasury International, Inc. announces it has entered into an agreement

to purchase all classes of the outstanding shares of Pioneer Safety

Inc. d.b.a. Pioneer Media Group (http://www.pioneermediagroup.com).

The company provides technology based marketing solutions (print and

Internet catalogs and end to end e-commerce enterprise solutions),

digital asset management and creative design for business to business

communication. In addition the company is involved in the development

of Internet based enterprise commerce solutions which allow companies

to link their customers and vendors as well as integrate internal

applications on a variety of networks and platforms. SOURCE Treasury International, Inc.

-0- 04/05/99

/CONTACT: Marlin Doner, C.0.0. of Treasury International, Inc., 519-579-9500, or fax, 519-579-4299, or treasury@pioneermediagroup.com/ -- NYM086 -- 4195 04/05/99 13:54 EDT prnewswire.com Copyright PR Newswire 1998. All rights reserved.



COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED.