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INCOMED CORP. ANNOUNCES RESULTS OF ANNUAL STOCKHOLDERS MEETING

 SAN DIEGO, Aug. 4 /PRNewswire/ -- InCoMed Corp. (NASDAQ: INCM) ("InCoMed"), formerly Alco International Group Inc. (NASDAQ: ALIG) (Alco), today announced the results of the proxy vote of the Annual Shareholders Meeting held on Tuesday, Aug. 3, 1993, at 10 a.m. PT, at the company's offices in San Diego. The following proposals were all ratified by the vote of the shareholders holding a majority of the company's issued and outstanding common stock, in attendance at the meeting, either in person or by proxy.
 1) The following have been elected directors of the company: B. Roland Freasier Jr.; Dietmar P. Rabussay; Ronald G. Stoecklein; and Allen C. Stout.
 2) Peterson & Co. Certified Public Accountants is ratified as the company's independent auditors for the current fiscal year.
 3) An amendment to the company's Certificate of Incorporation is ratified so that the Certificate of Incorporation is amended to reflect the new company name as follows: The name of the corporation is InCoMed Corp.
 No other business came before the meeting.
 InCoMed Corp., through its subsidiaries, operates two primary businesses: the marketing of medical products for infection control and women's health and the transportation of containerized cargo from South Florida to the Caribbean.
 -0- 8/4/93
 /CONTACT: Allen Stout of InCoMed, 619-695-9555/
 (INCM ALIG)


CO: InCoMed Corp.; Alco International Group Inc. ST: California IN: MAR MTC SU:

JL-BP -- SD008 -- 9568 08/04/93 17:15 EDT
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Publication:PR Newswire
Date:Aug 4, 1993
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