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To: jjs64 who wrote (655)	4/22/1999 1:50:00 PM
From: StockDung	Respond to of 10354

Richard C. Vigos Designated As Chief Executive Officer Of Fountain Fresh International While we perform some server maintenance, please enjoy this Special Collection article for free, with our compliments. -------------------------------------------------------------------------------- SALT LAKE CITY, April 8 /PRNewswire/ -- Fountain Fresh International (OTC Bulletin Board: FTFR) (the "Company"), doing business as BetterStuff, Inc., announced today that BetterStuff AG, Zurich, Switzerland, continues to pursue its examination of the Company under the letter of intent, which was announced on February 25, 1998. As previously announced, material funding under the letter of intent is contingent upon various prerequisites or may be delayed until May 31, 1998. In order to carry out continued negotiations on behalf of the Company and assist in the due diligence efforts of BetterStuff AG, the board of directors of the Company has chosen to designate Richard C. Vigos as the chief executive officer of the Company. Vigos will continue in his capacity as executive vice president of BetterStuff, Inc. It has been determined by the board of directors that this change in the designation of the chief executive officer is warranted in light of the intensive efforts being undertaken by the Company to secure the financing necessary to proceed with the operations for the Company. It has also been determined that Richard J. Maynes is not able to have a practical day-to-day impact on the Company during this period of time while he is living outside of the United States. For this reason, the board of directors of the company has accepted the resignation of Maynes as president and chief executive officer. This has been a temporary assignment since December 30, 1997. Maynes will continue to serve on the board of directors of the Company as the chairman of the board. Under the letter of intent entered into with BetterStuff AG, the Swiss firm is disseminating to the creditors of the Company a proposal for the settlement of the creditors' claims on a discount basis. The proposal contemplates a payout to creditors of between 15 percent to 25 percent. The company has had no final approval over the text of the settlement letter, the financial information delivered with the letter or the terms of the offer. SOURCE Fountain Fresh International Copyright © 1998, PR Newswire, all rights reserved.