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.