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Microcap & Penny Stocks : SHAL -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (231)	4/15/1999 1:50:00 PM
From: mark fuller	Read Replies (1) \| Respond to of 941

Thursday April 15, 12:47 pm Eastern Time Company Press Release SaraOnline.com Starts $17.5 Million Stock Dividend Distribution of SolutionNet International Inc. MARINA DEL REY, Calif.--(BUSINESS WIRE)--April 15, 1999--Garrett K. Krause, president and chief executive officer of SaraOnline.com an Internet focus subsidiary of Sara Hallitex Corp. (OTC BB:SHAL), confirmed that it has started the dividend distribution process for SolutionNet International Inc. (OTC BB:SLNN), which was awarded to all of Sara Hallitex Corp. shareholders of record as of Jan. 31, 1999. SolutionNet is a worldwide development partner and marketing partner of Oracle Corp. (Nasdaq:ORCL - news), Sun Microsystems (Nasdaq:SUNW - news) and Algorithmic Research (AR) a wholly owned subsidiary of Cylink Corp. (Nasdaq:CYLK - news). SR Singapore PTE, Ltd., a subsidiary of SolutionNet, has recently completed its world launch of E-NET Internet Banking software -- a true Internet online banking solution with current applications worldwide. This event, which was co-sponsored by Oracle and the Singapore Computer Board, drew media coverage around the world. E-NET is the first of three Internet software solutions anticipated to be launched by SolutionNet in 1999. SaraOnline.com has further information on SolutionNet International Inc. at its website www.saraonline.com. Information and news from its subsidiary SR Singapore Pte Ltd. can be found at www.sr.com.sg. SaraOnline.com has been organized as the Internet focus subsidiary for the venture banking firm, Sara Hallitex Corp. and will concentrate on the development, funding and incubation of electronic commerce companies and other projects targeting the exploding Internet industry. SaraOnline.com will prepare these Internet opportunities with the intent to create liquidity and profits for the company's shareholders by taking them public through its unique Sara-IPO Dividend program. Sara Hallitex is a public venture banking firm, dedicated to acquiring and investing in companies, new technologies or projects that when fully-developed, will be ''spun-off'' as NASDAQ publicly traded companies, providing appreciable long-term portfolio enhancement for their shareholders. Sara Hallitex holds substantial equity portfolios in Janus International Inc. (OTC BB:JNUS), SolutionNet International Inc. and forthcoming SaraIPO's, X-SELNET Technology Group Inc. and Tril-MediaNet.com.