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WORLD WISE RESOURCES RECEIVES FINAL EXECUTED COPIES OF EIGHT AGREEMENTS

WORLD WISE RESOURCES RECEIVES FINAL EXECUTED COPIES OF EIGHT AGREEMENTS
 TORONTO, Sept. 3 /PRNewswire/ -- World Wise Resources Inc. today announced that it has today received final executed copies of eight agreements relating to the commercialization of medical diagnostic, therapeutic, and pharmaceutical products, processes and related technologies developed in the Republic of Georgia.
 The company will now immediately commence work to secure a patent on a toothpaste-like product developed by joint venture partner Dr. Edisher Ivanidze. This product has been subjected to full clinical trials by the Chair of Therapeutic Stomatogy at the Tbilisi Medical Institute and the Tbilisi Institute of Doctors' Advanced Training. This dentifrice has been developed to combat periodontitis, a severe and common health concern which effects over 70 per cent of all North American adults past the age of 40.
 The company is also proceeding with its marketing plans in relation to human alphafetoprotein (AFP) which is currently produced by two companies in Tbilisi which have signed exclusive distribution agreements with the company. Current published prices for AFP are approximately US$8.25 million per gram. The company's Tbilisi partners have the current capability of producing 4 grams per year of high purity AFP and indicate they can increase their capacity to 10 grams per year.
 Through the company's 80 percent-owned subsidiary, Eagle Ventures AG, efforts continue to obtain large quantities of stable isotopes of light elements used is research, medical, chemical and manufacturing processes to complete a substantial order received from Teknolink International, a company owned by Liquid Carbonic Inc. In addition to the Institute of Stable Isotopes in Tbilisi approaches have been made to other manufacturers throughout the former Soviet Union. Upon completion of these orders a finders' fee may be paid by the company.
 The company also wishes to announce the resignation of Raj I. Chowdhry as a director, effective July 20, 1992. The vacancy on the board will be filled by a qualified individual residing in British Columbia.
 -0- 9/3/92
 /NOTE TO EDITOR: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy of this news release./
 -0- 9/3/92
 /CONTACT: Clay M.Powell or Michael P. Zuk, 416-602-8690, both for World Wise Resources/ CO: World Wise Resources Inc. ST: Ontario IN: HEA SU:


CK -- NY056 -- 6390 09/03/92 11:55 EDT
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Date:Sep 3, 1992
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