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Microcap & Penny Stocks : NRPI at a new low but company is making money. -- Ignore unavailable to you. Want to Upgrade?

To: Vision21 who wrote (347)	4/27/1999 10:40:00 AM
From: PREFSTOCK	Read Replies (1) \| Respond to of 656

NEWS yesterday.. National Rehab Properties, Inc. Retains New Financial Consulting and Investor Relations Firm to Assist in Strategic Planning and Increase Exposure to Investor Community MIAMI--(BUSINESS WIRE)--April 26, 1999--National Rehab Properties, Inc. (OTC-BB:NRPI) National Rehab Properties Inc today announced that it has retained the services of the financial consulting firm PMR and Associates. PMR and Associates provides consulting services to private and public companies in areas ranging from corporate finance, acquisitions, business development and investor relations. Under the leadership of Patrick M. Rost, PMR and Associates has developed a strong track record in creating shareholder value for numerous NASDAQ and OTC clients by integrating a broad range of services into the corporate strategy of its client companies. Mr. Rost is a graduate of the Catholic University of America Columbus School of Law in Washington, D.C., and the Notre Dame London Law Center, Concannon School of International Law and Finance. He has served on the board of directors of several organizations, including the American Liver Foundation (San Diego Chapter). After his legal career with one of the top law firms in the country, Mr. Rost joined a large consumer product import-export firm as Director of Legal Affairs and Business Development. He played a major role in several acquisitions and initiated business development resulting in the company's revenue growth from $15 million to $75 million prior to starting his own firm. Richard Astrom, President of National Rehab Properties, Inc. stated, "We were looking for an Investor Relations firm with a proven track record. PMR and Mr. Rost's organization has a shown a high degree of success and professionalism in creating shareholder value for their numerous NASDAQ and OTC client companies." Astrom added, "PMR's investor relations credentials and contacts will provide outstanding exposure to the financial markets through his extensive network of contacts with investment bankers, brokerage firms, industry analysis, institutional investors and industry forums. We anticipate a long and productive relationship between our firms." ABOUT THE COMPANY National Rehab Properties, Inc. builds homes and rehabilitates homes for the "first time homebuyer" in the mature established residential neighborhoods of Florida. The company has recently acquired financing for its building program and NRPI projects building 100 single-family homes in Miami in the next 12 months. Mr. Astrom explained that company plan is to expand to several cities of Florida and Georgia. Forward-looking statements in this press 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, completion problems, technological changes and other risks. CONTACT: National Rehab Properties Company Contact: Richard Astrom, President and CEO Tel. 305/573-8882 Fax. 305/571-8357 nrpi.com E-Mail: Realtyrich@aol.com or Investor Relations: PMR and Co Patrick M. Rost Tel. 760/942-0015 E-Mail: PMRandCo@aol.com KEYWORD: FLORIDA GEORGIA BW0065 APR 26,1999 5:15 PACIFIC 08:15 EASTERN