Computer Automation Systems Inc. Announces Plan Of Reorganization With Intercontinental Strategic Minerals Inc.

PLANO, Texas--(BUSINESS WIRE)--March 3, 1999--On July 23, 1998, Computer Automation Systems Inc. (OTC BB:CASI), a Texas corporation ("CASI-Texas") closed a Plan of Reorganization with Intercontinental Strategic Minerals Inc., a publicly held Nevada corporation (the "Public Company") (OTC BB:ITSGD).

Pursuant to the Plan of Reorganization, the Public Company issued 6,400,000 unregistered and restricted post-split common stock shares in exchange for 100 percent of the issued and outstanding common stock shares of CASI-Texas. Prior to closing the Plan of Reorganization, the Public Company completed a 1 to .85 reverse split of its 1,412,500 issued and outstanding common stock shares to 1,200,000.

As part and partial to the Plan of Reorganization, the Public Company changed its name to Computer Automation Systems Inc. CASI-Texas becomes a wholly owned subsidiary of the Public Company. The common stock of the newly reorganized and renamed Public Company, Computer Automation Systems Inc is now traded over the Electronic Bulletin Board under the symbol "CASI" (OTC BB:CASI).

Computer Automation Systems Inc. provides fully integrated solutions for the telecommunications and other industries. CASI distinguishes itself from other systems integrators by providing Network Equipment Building Systems ("NEBS") certified systems for telecommunications community.

CASI offers a comprehensive family of products based on open standards combining Sun or Intel processor technology with modular systems architecture. CASI designs products and systems to meet the most stringent industrial and Bellcore standards. Their products are available in several standard configurations or can be customized to meet a customer's specs. CASI Intel products range from 486 based processors to current Pentium IT(R) processors, all fully rackmountable and integrated. CASI Sun products range from the single processor AXI up to the latest four-way multiprocessing SPARCengine(TM) Ultra(TM) AXmp. CASI is a Strategic Development Partner for Sun Microelectronics. CASI is one of 10 Sun developers in the USA. Sun developers have met stringent requirements and completed the Sun-certified schooling and training on both SUN hardware and software. CASI is one of only three Sun Developers in the USA that is also a Sun Telco Integrator. Sun Microsystems has chosen CASI as a preferred Telco integrator in Texas. The newly reorganized Public Company anticipates 1999 revenues of $20,000,000.

This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Act of 1933 and Section 21 E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations will prove correct.