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President of DCGR International Holdings Inc. is Holding a Conference Call on Tuesday, July 21 at 8:00 p.m.


BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--July 17, 1998--

-- Please Call Into 1-888-232-0361, Access Code: 590321 --

To All Shareholders and Interested Parties of DCGR International Holdings Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:DCGR),

Background Information:

DCGR International Holdings Inc. is a fully audited soon to be reporting Boca Raton, Fla. based company. The company was established to identify, acquire and develop businesses in markets that have not been fully developed and have great growth potential. DCGR plans to grow these businesses into "stand alone" companies that will enhance shareholders' value in the Parent Company.

Cigar Division:

DCGR's superior quality product is marketed under the Sir Don and Adolfo labels. A vertical company DCGR controls the creation of its premium cigars from the growth of the tobacco seed to the rolling process and ultimately to distribution throughout the U.S.

DCGR is a company on the rise striving to become the leader in private labeling segment of a five billion dollar cigar industry. We expect 1999 revenues to reach approximately 4 million plus in the cigar division. The potential number could be staggering with new deals in the works.

The Theme Gourmet Division:

Just as Last Vegas has developed a family theme, we at DCGR understand the need for diversification and have acquired the assets of Capi's Gourmet Market in Boca Raton, Fla. We are currently under construction in an expansion program. The themed Gourmet Market is now called Mulberry Street The following streets are named Mulberry Street:
  • Mulberry Street (Baltimore)
  • Mulberry Street (Manhattan)
Other:
Mulberry Street (film)
, which is named after the famous part of New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 called Little Italy
See also: List of Italian-American neighborhoods


Little Italy is a general name for an ethnic enclave populated primarily by Italians or people of Italian ancestry, usually in an urban neighborhood.
.

We have recently signed a letter of intent with Sabatino's in Boca Raton for our second gourmet acquisition. These Delis feature the finest quality gourmet foods. Their revenues exceeded 4 million plus with a 15% net profit.

The Gourmet Market business is highly fragmented with most of the business being small, privately held companies privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
. DCGR has already been approached by several of those companies to discuss mergers or acquisitions; they feed directly into DCGR's strategy of consolidating a fragmented market to attain a larger market share.

There is a huge market that DCGR needs only a tiny percentage of it to create substantial revenues and earnings. In the year 1999, our anticipated revenues will exceed 6 million in this division.

New Image Centers Inc.:

DCGR has signed a letter of intent to acquire New Image Centers Inc. The centers currently provide a full range of services for both men and women in the skin and hair care industry. Their services currently include the care for damaged and wrinkled skin, aged skin, and sun damaged skin via the use of micro derma der·ma
n.
See dermis.



derma

the corium, or true skin.
 brazen bra·zen  
adj.
1. Marked by flagrant and insolent audacity. See Synonyms at shameless.

2. Having a loud, usually harsh, resonant sound: "sudden brazen clashes of the soldiers' band" 
 (skin resurfacing Skin Resurfacing Definition

Skin resurfacing employs a variety of techniques to change the surface texture and appearance of the skin. Common skin resurfacing techniques include chemical peels, dermabrasion, and laser resurfacing.
).

Trichology trichology

the sum of knowledge about the hair.
 is the restoration of abused and damaged hair. Services are rendered for various problems associated with scale disorders.

The centers also provide for the prevention and restoration of hair loss by natural methods, by low level laser light therapy and medical intervention by licensed medical staff as required. The center is also currently performing surgical hair replacements via individual hair folic transplants.

The potential for franchising the skin care division is unlimited. We anticipate having nine locations opened within 12-18 months. For the year 1999 our anticipated revenues will exceed five million in this division.

To Sum It Up:

We believe that we have a company with the ability to produce increasing revenues and earnings that will substantially support a rising market value that will benefit all of our loyal shareholders.

Comments and suggestions by our shareholders are always welcome and will be considered by me personally.

Please call 1-888-482-9113.

Don Platten President

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Act notice: This release may contain forward-looking statements that involve risks and uncertainties, including, without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum Offering Memorandum

A legal document stating the objectives, risks, and terms of investment involved with a private placement.

Notes:
The private placement of hedge funds necessitates the issue of memorandums.
, or prospectus. Specifications are subject to change without notice.

CONTACT: DCGR International Holdings Inc.

Don Platten, President, 888/482-9113
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 17, 1998
Words:663
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