ARMM Announces Merge With Princeton Based Comprehensive Medical Group.

Business Editors

PRINCETON, N.J.--(BUSINESS WIRE)--July 25, 2000

In what is the clearest sign of its recent announcement of its movement into the health care field, ARMM (OTCBB:ARMM) announced today that it completed the merger of the Comprehensive Medical Group Ltd. of Princeton, N.J.

ARMM recently announced its movement away from manufacturing and manufacturing support activity into the mobil diagnostic testing and health care field. The merger with Comprehensive signals the beginning of the execution of this Plan by bringing on board a Company that has had significant experience through its holdings in managing health care companies.

ARMM, a publicly traded Florida Company, has a history since August 1992 in acquiring, managing and selling manufacturing and related businesses. Comprehensive was formed in July 1999 to become a management company for various diagnostic entities and its website can be found on www.Leaseonlife.com.

James H. Clingham, CEO of Comprehensive, who was elected President of ARMM on Friday (July 21st), said, "I am pleased this is done. We have had positive talks with ARMM from day one. They see the future of medicine and diagnostics as I do, based in telecommunications."

Comprehensive, which is headquartered in the high technology corridor for medical, pharmaceutical and telecommunications research in and around Princeton, will provide management services in the industry for ARMM in addition to bringing the diagnostic and e-commerce businesses into the ARMM family of businesses.

"We have solved the first piece of the puzzle," continued Clingham. "We have always sought out good management as the first element in entering a new industry. We have looked at a lot of companies recently in anticipation of moving into telemedicine and feel the combination of hands on experience over an extended period of time, knowledge of the diagnostic business, and quality of the people involved in Comprehensive, makes it the ideal partner for us at this time."

Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and the Securities Act of 1934, involving risks and uncertainties. These statements refer to our plans to implement our growth strategy, improve our financial performance, expand our infrastructure, develop new products and services, expand our customer base and enter new markets. The forward-looking statements also include our expectations concerning factors affecting the markets for our products, including the demand for health, wellness and telemedicine services. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results that we anticipate. These risks and uncertainties include, but are not limited to, those risks discussed in this release. In addition to the factors specifically noted in the forward-looking statements, other important factors that could result in those differences include (a) general economic conditions in the health, wellness and telemedicine markets, including inflation, recession, interest rates, and other economic factors; (b) casualty to or other disruption of our facilities and operations; (c) those discussed in our Quarterly Report on Form 10Q for the period ended March 31, 2000; and (d) other factors that generally affect the business of health, wellness and telemedicine companies. We assume no obligation to update those forward-looking statements or to update the reasons actual results could differ materially from the results anticipated in the forward-looking statements.