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ALCO INTERNATIONAL GROUP ANNOUNCES FINAL AGREEMENT FOR CANADIAN LICENSING

 ALCO INTERNATIONAL GROUP ANNOUNCES FINAL AGREEMENT
 FOR CANADIAN LICENSING
 SAN DIEGO, July 17 /PRNewswire/ -- Alco International Group Inc. (NASDAQ: ALIG) today announced that its wholly owned subsidiary, InCoMed Inc., has reached final agreement with NTC Capital Corp. (Vancouver: NCP.V), of Vancouver, British Columbia. This final agreement outlines the exclusive licensing in Canada for the sales of the Barrier Integrity Monitor. Performance clauses require NTC to reach first year sales of Can. $1.8 million and Can. $45 million in sales over a five-year period to maintain its exclusive licensing status in Canada. The terms of the contract call for payments to Alco of a license fee of Can. $150,000 in cash and 100,000 shares of NTC Capital Corp. common stock with 60 days of signing of the agreement.
 InCoMed also received another purchase order for the Barrier Integrity Monitor (BIM (tm)) and its related disposable products from Bryce Cornell Medical of Tustin, Calif. This purchase order calls for delivery of 100 BIM systems and is valued in excess of $2.1 million. Since the FDA gave the company clearance on July 1, 1992, to market the BIM, the combined purchase orders received total in excess of $11 million and are expected to expand at future dates through the sale of additional disposable products.
 The BIM is a battery-powered device that detects fluid contact between health care workers and patients, decreasing the risk of transmitting fluid-borne pathogens such as Staphylococcus, Hepatitis B and C viruses, as well as HIV, which is generally thought to be the cause of AIDS.
 Alco, through its subsidiaries, operates two primary businesses: the manufacturing and marketing of medical products for infection control and for women's health; and the transportation of containerized cargo from South Florida to the Caribbean.
 -0- 7/17/92
 /CONTACT: John E. Sherman of Alco International Group, 619-695-9555/
 (ALIG) CO: Alco International Group Inc.; InCoMed Inc.; NTC Capital Corp. ST: California, British Columbia IN: MTC TRN SU: TNM LIC


CH -- SD002 -- 0132 07/17/92 10:11 EDT
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Publication:PR Newswire
Date:Jul 17, 1992
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