Rocky Mountain International Ltd. - Formerly Olympus Ventures Inc. - Announces Reorganization.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 3, 1997--Rocky Mountain International Ltd. Friday announced that a change in management and directors has occurred: Michael A. Puhr, president and director; Lorinda Liang, vice president, secretary and director; and Wen Jen Allen Lan, director.

As of Oct. 6, 1997, the company's transfer agent will be American Stock Transfer, 40 Wall Street, New York, NY 10005.

Rocky Mountain International Ltd. consists of two divisions that provide for cross marketing in sports wear and bottled water.

Olympus Mills/Hialeah, Fla. is the headquarters for the garment division as well as sales, knitting and cutting facility. Depending on the type of garment, that 21,000 square foot cutting plant is capable of producing from 7,000 to 20,000 dozen pieces per week.

The knitting facility is equipped with 18 circular and five flat knitting machines. The production capabilities of the circular machines alone are as much as 1,000 lbs. per day of body width fabric used in the manufacturing of T-shirts.

The Hialeah facility also handles the design of Olympus Mills U.S.A.'s own branded labels, Olympus USA and Olympus Kid's line of clothing. The sales and marketing of all Olympus Mills U.S.A. products are handled out of the Hialeah office. All contract and full package business for all three factories is booked from this facility.

Olympus Mills/San Cristobal, Dominican Republic is the location of an 18,000 square foot factory equipped to manufacture knit and woven garments as well as T-shirts. The facility boasts 160 machines and 170 employees.

The production capabilities are 2,500 dozen pieces per week during five 10 hour shifts. Although all T-shirts are silk screened domestically, the San Cristobal facility offers embroidering, after sewn garment dyeing, applications and tie dyeing.

Olympus Mills/Managua Nicaragua is the location of the 30,000 square foot facility that houses 450 machines for the production of denim and flannel garments. The factory features an additional 1,200 square feet of office space and a 3,000 square foot cafeteria equipped to feed the 520 employees.

The factory is the largest of the three facilities and is capable of producing as much as 12,000 pairs of five pocket jeans and 16,000 flannel shirts per week. Denim garments can be manufactured with a variety of finishes including sand, stone and acid washing, as well as antiquing.

Rocky Mountain Crystal Water has a 99 year exclusive contract to commercially sell artesian water on a domestic and international basis. This water exceeds the European Economic Community Natural Mineral Water Standards and meets all applicable standards for natural artesian water set by the United States Government and the State of Wyoming.

The merger provides the financial strength to complete the fully automated expansion of the bottled water facility on schedule. This expansion is mandatory to increase the facility's bottled water production to meet Rocky Mountain Crystal Water's increasing demand, with distribution of its bottled water products in the United States, Asia and Mexico.

Puhr, president of RMIL, stated, "We are pleased to announce that Gary R. Morgan and Roland Breton will remain an integral part of the public company. The company's management, operations and marketing teams have all the necessary expertise to meet the future expectations of the company.

"The bottled water industry is the fastest growing segment of the beverage industry and according to Information Research Inc. of Chicago, has experienced a 16.5 percent increase in sales over the previous year ending May 1997. The company has positioned itself to capitalize on this opportunity."

Forward looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.

Investors are cautioned that such forward looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission.

CONTACT: Rocky Mountain International Ltd., Fort Lauderdale

Roland Breton, 954/565-9292

E-mail: [e-mail]