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To: ErnestPoe who wrote (33763)4/23/1999 9:31:00 AM
From: LeeR  Read Replies (1) | Respond to of 34592
 
TTRIF could be making a turnaround. (Watch carefully)

From : PR NewswireApr 22 1999 1:49PMRe : ISM Holding
Corp Finalizes Management Negotiations Between Thermo
Tech Ventures, Inc And Thermo Tech Technologies, Inc.
Thursday April 22, 02:49 PM Eastern time
Company Press Release
SOURCE:ISM Holding Corporation
ISM Holding Corp Finalizes Management Negotiations
Between Thermo Tech Ventures, Inc And Thermo Tech
Technologies, Inc.
INDIANAPOLIS, IN, April 22 /PRNewswire/ ISM Holding Corp
(OTC Bulletin Board: ISMH) announced today that the
Company has finalized management negotiations between
Thermo Tech Ventures, Inc. and Thermo Tech Technologies,
Inc. (OTC Bulletin Board: TTRIF).
The result of the negotiations will place Kevin Simpson,
President and CEO of Thermo Tech Ventures, Inc. as the
new President and CEO of Thermo Tech Technologies, Inc.
commencing on May 1st, 1999.
Gary Sallee, President of ISM Holding Corp. commented,
"The significance of these changes as they relate to ISM
will simply expedite the realization of the annual
revenue stream to ISM and we look forward to a very
profitable future with Thermo Tech Ventures, Inc. and
Thermo Tech Technologies, Inc."
On February 24th ISM Holding announced that the Company
was taking an equity position in the establishment of
Thermo Tech(TM) Ventures, Inc., a newly formed partner
with Thermo Tech Technologies, Inc. In the announcement
it was stated that Thermo Tech Ventures, Inc. expects to
build a minimum of four (4) Thermo Master II facilities
per year. With ISM Holding Corp's 33 percent revenue
ownership in Thermo Tech Ventures, Inc. the result would
be additional revenue to ISM Holding Inc. of
approximately US 1,200,000 plus an equity position in
each Thermo Master II facility built.
On March 2nd, 1999 ISM Holding announced that the Company
had secured 200,000,000 in Long Term Debt Financing for
Thermo Tech Ventures, Inc. to build and operate Thermo
Master Mark II plants worldwide.
ISM Holding Corporation (ISMH) is a publicly traded
company established in 1993. The company's headquarters
are located in Indianapolis. ISM is a nationally
recognized sports management company specializing in
Sports Marketing, Athlete Management and Professional
Race Team Management.
Statements regarding financial matters in this press
release other than historical facts are "forward-looking
statements" within the meaning of section 27 A of the
Securities Act of 1933, Section 21 E of the Securities
Exchange Act of 1934, and as that term is defined in the
Private Securities Litigation Reform Act of 1995. The
Company intends that such statements about the Company's
future expectations, including future revenues and
earnings, and all other forward-looking statements be
subject to the safe harbors created thereby. Since these
statements (future operational results and sales) involve
risks and uncertainties and are subject to change at any
time, the Company's actual results may differ materially
from expected results