To: francis terry who wrote (1463 ) 3/26/1999 1:25:00 PM From: Frank Fontaine Respond to of 1492
!NEWS! March 26, 1999 12:56 The Auxer Group Announces E-commerce Site Launch Date WAYNE, N.J.--(BUSINESS WIRE)--March 26, 1999--The Auxer Group, Inc. (OTC BB: AXGI) announced today that the e-Commerce sites under www.auxer.com, www.harveywestbury.com, and www.formula2000.com are scheduled for debut on Thursday, April 1, 1999 at approximate 2 PM Eastern Time. The internet sites will offer full descriptions of the product lines and services complete with pictures and a secure environment in conjunction with VirtualSellers.com to purchase the products. "We are very excited about the internet project. Initial reviews of the sites were positively received and I am very optimistic about this program. I believe the internet media offers growth companies such as ours a tremendous and cost-effective vehicle to display, introduce, market and purchase our products directly. As consumers become more familiar with our product lines and their high quality, we are confident this form of promotion and advertising will encourage increased distribution and assist our current distribution in selling our products", said Mr. Chiaramonte, Jr., Chairman 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