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To: RCJIII who wrote (8728)	3/10/1999 9:33:00 AM
From: Auricman	Read Replies (1) \| Respond to of 15987

IFDA NEWS Never seen this on SI, Great story, call CEO fpr plan for NAZ. Home - Yahoo! - Help -------------------------------------------------------------------------------- [ Business \| US Market \| By Industry \| IPO \| AP \| S&P \| International \| PRNews \| BizWire ] -------------------------------------------------------------------------------- Related Quotes IFDA TUBY 0 0 +0 +0 delayed 20 mins - disclaimer Wednesday March 10, 8:28 am Eastern Time Company Press Release Interfoods of America Inc. Completes 10 Store Popeyes Chicken Acquisition in Baton Rouge, La. MIAMI--(BUSINESS WIRE)--March 10, 1999--Interfoods of America Inc., (OTC BB:IFDA), the Miami-based Popeyes Chicken & Biscuits Franchisee, announced Wednesday that it has completed its acquisition of ten Popeyes Chicken stores in Baton Rouge, La. This brings to 18 the number of stores the company operates in Baton Rouge after acquiring eight in December 1997. The new stores will add approximately $9 million in annual revenues to the company's top line. The acquisition was accomplished with debt and sale-leaseback financing without any dilution to current shareholders. ''We are pleased to add these ten additional Popeyes restaurants to the 32 we currently operate giving us a total of 42,'' said Robert S. Berg, Interfoods chairman and chief executive officer. ''The company looks forward to the closing of a nine store acquisition in St. Louis later this month,'' he stated. The company has five additional stores under development which should open during the company's third quarter. Also previously announced is a merger plan with Tubby's Inc. (Nasdaq:TUBY - news) that will result in Interfoods of America being listed on the NASDAQ Small Cap Market. Currently the company's stock is listed on the OTC Bulletin Board. Popeyes Chicken & Biscuits is the second-largest chicken chain in the world in terms of sales. It offers a unique Cajun, or New Orleans, style fried chicken along with side dishes that include red beans and rice, Cajun rice, shrimp and crawfish, as well as mashed potatoes and gravy. The brand has a presence in 40 states and 23 countries worldwide. Information in this release relating to expansion plans, estimates of market sizes and demands for the company's products as well as any other future events, may contain forward-looking statements subject to certain risks and uncertainties that may cause actual results to differ materially. These matters are more fully presented in periodic reports the company files with the Securities and Exchange Commission, including forms 10-KSB, 10-QSB Annual and Quarterly reports, and other such filings. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update the forward-looking statements. -------------------------------------------------------------------------------- Contact: Interfoods of America Inc., Miami Robert S. Berg, Chairman and CEO 305/670-0746 -------------------------------------------------------------------------------- More Quotes and News: Interfoods of America Inc (OTC BB:IFDA - news) Tubby's Inc (Nasdaq:TUBY - news) Related News Categories: food/beverage, leisure/travel, restraunt -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright © 1999 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving ina public database, redistributing via a computer network or in a printed form. See our Important Disclaimers and Legal Information. Questions or Comments?

To: RCJIII who wrote (8728)	3/10/1999 9:47:00 AM
From: Dave Gore	Read Replies (1) \| Respond to of 15987

WLGS NEWS Expansion in Europe! Stock cheap....near low. (BSNS WIRE) World Wide Wireless Communications, Inc. Announces Expansion World Wide Wireless Communications, Inc. Announces Expansion of Agreement to Establish World Wide Wireless-Europa Business Editors/High Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--March 10, 1999--World Wide Wireless Communications, Inc. (OTC BB:WLGS) and World Wide Wireless-Europa, its Munich, Germany based affiliate, announced today an expansion of the original Nov. 15, 1998 agreement. The expansion of the original agreement is the result of the intent of WWW-Europa to quickly enlarge its area of operations from Germany to, among others, Poland, the Czech Republic, Slovakia and Hungary. While WWW-Europa continues moving forward with its efforts to establish service in Germany, it appears that a faster-track to functional operability may exist in neighboring nations to the east. Under the terms of the expanded agreement, the WWW-Europa investor group will increase its ownership interest in WLGS from approximately 10.9% to 19%. In exchange, those investors double their investment in WLGS to DM1,000,000 (approximately $600,000) and WLGS's ownership interests in WWW-Europa will increase from 29.9% to 49.9%. As was announced previously, WLGS has secured a commitment of a substantial additional investment from other investors in support of these European operations. WLGS believes that the potential for the growth and development of high-speed wireless Internet services in Europe -- and particularly in those nations which have recently transitioned from state-ownership and control to private-ownership or licensing of telecommunications -- is enormous. Frustration and dissatisfaction with the current cumbersome and antiquated telephone-based system continues unabated and interest in alternatives, such as that offered by WWW-Europa, to the current system remains extraordinarily high. Projected growth of Internet use in Europe necessitates the development of faster, and higher capacity connections to the 'Net which can be accommodated only by either onerously expensive infrastructure improvement of the wired-system or the creation and development of a broadband wireless system. In terms of both cost and time, the development of the wireless system, such as WWW-Europa is developing, would seem to be the system of choice for Europe's future. Officials and technicians from WLGS expect to travel to Germany, the Czech Republic and neighboring areas next month in support of the development of the European operations. It remains the expectation that operations will commence in Europe prior to the end of the year. Safe Harbor Statement under the Private Securities Litigation Reform Action of 1995: The statements contained in this release, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Those risks and uncertainties include, but are not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies and products, delays in testing and evaluation of products, and other risks associated with the industry in which the Company operates. --30--aj/sf* ao/sf CONTACT: World Wide Wireless Communications, Inc. Douglas P. Haffer, 415/956-9190 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com