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VICTOR CAPITAL CORP. AND HAAS NEVEAUX COMPLETE MERGER

 VICTOR CAPITAL CORP. AND HAAS NEVEAUX COMPLETE MERGER
 DENVER, Oct. 6 /PRNewswire/ -- Victor Capital Corp.


(NASDAQ: HANX) announced that it has completed the merger of Victor Capital Corp., a Denver company, with Haas Neveaux and Co., a luxury Swiss watch manufacturer, Mont Rolle (Geneva).
 Haas Neveaux, which manufactures a line of luxury watches, is one of the oldest watch manufacturers in Switzerland. It is considered to be one of the top names in watch manufacturing worldwide.
 Dominique Floquet, chairman and chief executive officer, said, "We are delighted to be trading the common stock of our Swiss watch company in the American marketplace."
 There are approximately 22 million shares outstanding.
 -0- 10/6/92
 /CONTACT: Arnold Guttenberg of Victor Capital, 303-758-0073/
 (HANX) CO: Victor Capital Corp.; Haas Neveaux ST: Colorado IN: HOU SU: TNM


BP-KJ -- LA021 -- 7168 10/06/92 15:11 EDT
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Publication:PR Newswire
Date:Oct 6, 1992
Words:142
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