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INTERNATIONAL TICKER TAPE SIGNS TWO ECONOGREEN MASTER DISTRIBUTORSHIP AGREEMENTS FOR MEXICO, CENTRAL AND SOUTH AMERICA

Agreements Call for Minimum Econogreen Purchases of U.S. $5,000,000
 in First Year, Rising to $20,000,000 in Fourth Year
 SCOTTSDALE, Ariz., June 21 /PRNewswire/ -- International Ticker Tape Resources Ltd. (Vancouver: ITR) ("ITR") announced that it has entered into two definitive Master Distributorship Agreements (the "agreements") with Jorge Luis Nava Altamirano, Jane Salvador Morales Gonzales and Allen Bernard Berg ("Master Distributors") for the exclusive distribution of Econogreen into Mexico, Central and South America. In addition to owning interests in 11 Mexican emissions testing centers, Morales and Berg are drivers for the Marlboro Formula 2 Racing Team, rated No. 1 in Mexico, and are national sports celebrities in Mexico.
 Pursuant to the terms of the agreements, the Master Distributors must purchase a minimum of 100,000 Econogreen units in the first year, 200,000 units in the second year, 350,000 units in the third year, and 400,000 units per year in the fourth year. ITR estimates the value of each "unit," as defined in the agreements, to have an average value of U.S. $50. Accordingly, ITR expects its revenues from its agreements to exceed $5,000,000 within the next year.
 Donald R. Head, ITR's president, said, "We are extremely pleased to have signed these agreements with the Master Distributors just weeks after receiving yet another series of positive Econogreen test results from a Mexican testing center. We think that these agreements position Econogreen as the leading auto emissions reduction product in Mexico, Central and South America, and are extremely confident that the Master Distributors will easily exceed the minimum purchase requirements specified in the agreements. We look forward to a long and mutually profitable relationship."
 International Ticker Tape Resources Ltd. is the manufacturer and marketer of Econogreen, an auto emission reduction device. Econogreen is an affordable and effective auto-emissions reduction device. Independent testing in the United States, Scandinavia, India, South Africa and other countries has shown that on average Econogreen cuts: 1) carbon monoxide emissions by 39 percent; 2) nitrous oxide by 20 perct?; and 3) hydrocarbons by 37 percent.
 -0- 6/21/93
 /CONTACT: Donald R. Head, president of International Ticker Tape Resources, 602-991-4244/
 (ITR.)


CO: International Ticker Tape Resources Ltd. ST: Arizona IN: AUT SU:

MF-BP -- LA032 -- 4253 06/21/93 18:59 EDT
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Publication:PR Newswire
Date:Jun 21, 1993
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