Anitech Welcomes Province's Withdrawal of Tax Claim.TORONTO--(BUSINESS WIRE)--July 14, 1998--Anitech Enterprises(VSE See DOS/VSE. VSE - Virtual Storage Extended :ANI.) The Province of Ontario's Ministry of Finance has withdrawn its Notice of Assessment totalling $100,000 for provincial retail sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. . This contingent claim Contingent claim A claim that can be made only if one or more specified outcomes occur. may now be removed from Anitech's financial statements. Anitech is a leader in data collection for the animal industry. Anitech's PetNet microchip system dominates the Canadian pet market. And, Anitech's new DT-500 data collection system for the meat processing industry is a state-of-the-art system that facilitates faster production speeds, better tracking for disease and quality controls, and timely management and government reporting. Anitech Enterprises Inc. Per: Paul J. Brown, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved nor disapproved of the information contained herein.
CONTACT: Anitech Enterprises Inc.
Paul J. Brown, LL.B., 905/477-6950
905/477-6956 (FAX)
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