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ADGI signs agreement with Hampton/Roberts International.


CORAL GABLES--(BUSINESS WIRE)--June 29, 1995--Jerrold R. Hinton, Ph.D., President and Chief Executive Officer of American Diversified Group Inc. (NASDAQ Bulletin Board: ADGI) announced that ADGI has entered into an agreement with Hampton/Roberts International Inc., for the registration and exclusive representation and distribution of their blood derivative products, pharmaceuticals and biopharmaceuticals in Ecuador, Peru, Columbia, Bolivia, Argentina and Venezuela.

Hampton/Roberts International has offices and staff in these countries.

The annual usage of Human Serum Albumin alone in these countries is approximately two million vials per year or nearly $100 million.

Jose Llosa, President of Hampton/Roberts International, feels confident of obtaining sizable orders from the public and private sector due to the price and quality of products which ADGI can provide.

CONTACT: American Diversified Group Inc., New York

Jerrold R. Hinton, Ph.D., 305/448-1288

COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 29, 1995
Words:139
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