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INTERNATIONAL DISTRIBUTION CONTRACTS SIGNED

 INTERNATIONAL DISTRIBUTION CONTRACTS SIGNED
 VANCOUVER, British Columbia, April 24 /PRNewswire/ -- Management


of Nepheline Resources Ltd. (Vancouver: NPL), through its wholly owned subsidiary Niche Technologies Inc., has announced that final agreements have been signed with two major distributors in Canada and the United States.
 Agreement has been reached with Distributed Planning Systems Corp. (DPSC) of Calabasas, Calif., whereby DPSC has the exclusive right to distribute the Phone Auditor in the United States, and the non-exclusive rights to distribute the same in the Province of Ontario. DPSC is a computer software and systems development company which has developed specialty patented software packages for banks and financial institutions. It has an established customer base in the United States of about 5,000 clients, of which it is anticipated that approximately 20 percent will immediately purchase Phone Auditor software. This would represent annual revenues of more than $200,000 from DPSC's existing banking clients alone.
 In addition, final agreements have been signed with Knowledge Plus, a B.C. based telecommunications business and software development company. Knowledge Plus will incorporate the Phone Auditor into their marketing strategy along with their various other product lines. This will give the Phone Auditor world wide exposure through their global network distribution channels whose clients include many of the worlds largest telecommunications companies. Projected revenues from the Knowledge Plus alliance are expected to be greater than $250,000 during the next six (6) months.
 Furthermore, Niche has been aggressively marketing the Phone Auditor during the last six (6) months and have already completed sales to several hundred clients across Canada. A pending sale to one Canadian corporation that has three hundred fifty (350) outlets, when completed, would net more than $140,000 in annual revenue.
 Nepheline is emerging as a successful player in the computer software industry in having concluded the foregoing distributions contracts, and the company is looking forward to a very exciting and prosperous year.
 CAPITALIZATION
 Authorized: 10,000,000 Common Shares
 Issued: 5,181,333 Free Trading
 750,000 Held in escrow
 5,931,333 Common Shares
 LISTED
 Vancouver Stock Exchange
 Ticker Symbol - NPL
 United States
 12 (g) Exemption - Number 82-1814
 -0- 04/24/92
 /CONTACT: Charles Underhill of Nepheline Resources Ltd., 604-689-5588/
 (NPL.) CO: Nepheline Resources Ltd. ST: British Columbia IN: TLS SU: CON


MM-RM -- LA018 -- 2514 04/24/92 13:36 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:388
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