Meat Industry INSIGHTS Newsletter

980620 International Ostrich Announces Alliances in New Markets

June 8, 1998

Acton, CA - International Ostrich Corp. president Theodore Loeschner announced the company's intention to form a series of strategic alliances in emerging markets. "These alliances enable us to market all of the bird products as well as live animals. Being vertically integrated gives us control of all aspects of production and distribution."

In conjunction with the plan, Loeschner announced the signing of an alliance with Aldonar Enterprises, Inc. (USA) and Industrias Alimenticias S.A. de C.V. (Mexico). "Aldonar gives us an entry into the Mexican and South American markets. Their contacts will allow us to import meat and skins for further processing. Their network also extends into Peru and other booming South American Markets."

Aldonar spokesman Victor Maldonado adds: "The Mexican Government has shown its interest in economic stimulation from its USA partner. The Mexican people are interested in healthy eating and the additional jobs and commerce relating to raising birds and processing the meat and leather products." Added Loeschner, "We are working to fill the first orders and expect to create additional opportunities in the near term. This will be a significant profit center for us."

International Ostrich owns and manages one of the largest breeder flocks in the United States. IOC specializes in the production of a clean, low fat, low cholesterol red meat protein source as an alternative to beef, chicken or turkey. Headquartered in Acton, CA, IOC is a leader in the worldwide ostrich industry. Still in its infancy in the United States, this half a billion dollar worldwide market is referred to as America's Next Red Meat. International Ostrich Corporation can be reached @ 805-269-2900 or 888-355- IOCX (4629) and FAX 805-269-8064.

The foregoing contains forward looking statements. These forward looking statements are based largely on the company's expectations and subject to a number of risks and uncertainties, certain of which are beyond the company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors, including prevailing economic conditions as they affect the Ostrich industry in general. In light of these risks and uncertainties, there can be no assurance that the forward looking statements contained in this press release will in fact transpire or prove to be accurate.

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