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PARTNERS FINANCIAL GROUP ANNOUNCES COMPLETION OF CONTRACT

 PARTNERS FINANCIAL GROUP ANNOUNCES COMPLETION OF CONTRACT
 LOS ANGELES, Jan. 20 /PRNewswire/ -- Partners Financial Group Inc. (OTC: 3PFGI) today announced the completion of a contract with Automated Vending of America, a California corporation, for the acquisition of all the outstanding shares of Automated. The old board of directors has resigned and the new board of directors consists of Glenn Stern, Michael Maross and Thomas Rhodes, all of Los Angeles.
 Automated Vending of America is in the business of high-tech vending machines for such products as business cards, hot fresh french fries and peeled oranges and grapefruits. The company has been test marketing some of these concepts within the $25 billion vending industry with positive results.
 The company also announced that its licensee, Adelaide Holdings Inc. of Miami, will be showing the company's new Robotic French Fry Vending Machine in New York at the Grand Hyatt on Feb. 11-13, 1992.
 -0- 1/20/92
 /CONTACT: Robert Willison of Partners Financial Group, 213-251-4909/ CO: Partners Financial Group Inc. ST: California IN: SU:


KJ-AL -- SD004 -- 1396 01/20/92 11:50 EST
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Publication:PR Newswire
Date:Jan 20, 1992
Words:179
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