HALIS, Inc. Sued For Breach of Finder's Fee Agreement.

ATLANTA--(BUSINESS WIRE)--July 29, 1997--Atlanta business executive Penelope Sellers filed a lawsuit in Fulton County on July 13, against HALIS, Inc., formerly Fisher Business Systems, Inc. (FBS), for breach of a Finders Fee Agreement entered into in 1995.

The lawsuit, which is seeking more than $1 million in damages, also named as defendants HALIS principals Larry Fisher, president and chief operating officer, and Paul Harrison, chairman and chief executive officer. Powell, Goldstein, Frazer & Murphy LLP is trial counsel to Sellers in the case. The lawsuit alleges as follows:

In August of 1995, Fisher Business Systems, Inc., a restaurant software management systems company, was seeking capital investment in order to continue operations. Larry Fisher, president of FBS at that time, entered into a contractual agreement with Penelope Sellers, who agreed to introduce FBS to contacts that might represent a business opportunity for FBS. The Agreement stipulated that Sellers would receive compensation for any capital infusion or income resulting from the formation of any business relationship between FBS and Sellers' contacts.

Shortly after the Agreement's effective date, Sellers introduced Fisher to Paul Harrison, then the principal with HALIS LLC. Within three months following the introduction, FBS publicly announced that it would merge with AUBIS LLC, a Harrison company; later FBS announced it would acquire HALIS Software, Inc. a subsidiary of HALIS LLC. After all of the mergers and acquisition were completed, FBS changed it name to HALIS, Inc.

Prior to the mergers and acquisitions that resulted in the company now known as HALIS, Inc., an independent audit procured by FBS, in conjunction with its responsibilities under federal securities registration requirements, indicated that FBS' continued existence was highly doubtful. Without the efforts of Sellers, and consequently the mergers with the Harrison companies, FBS would have likely gone out of business. While Fisher, Harrison and HALIS, Inc. have all acknowledged that Sellers was owed compensation under the Agreement as a result of her efforts, they have refused to pay her the amount specified in the Agreement.

According to public securities filings by FBS, the value of the transactions between FBS and the Harrison companies was in excess of $30,000,000.00. In fact, HALIS, Inc. is now ranked as the 174th largest public company in Georgia, according to the Atlanta Business Chronicle's July 25, 1997 issue, page 32A.

In her lawsuit, Sellers alleges that the activities described in the Complaint constitute a "corporate shell game" to avoid responsibility under the Agreement. "I am disappointed that I have been forced to go to court to enforce my rights under our Agreement," said Sellers. Sellers is seeking a trial by jury in the State Court of Fulton County.

For more information, please contact Sharon L. Goldmacher at [phone].

CONTACT: communications 21

Sharon L. Goldmacher, 404/814-1330