Press Release UniHolding Corporation
96 Spring Street
New York, NY 10012
For Further Information:
Mark L. Bibi
Phone: (201) 525-1020
IMMEDIATE RELEASE
June 16, 2000
UniHolding Corporation Announces Appointment of Directors
New York, New York, June 16, 2000 - UniHolding Corporation (UHLD) announced
today that Andrew H. Baker, a British businessman, has acquired ownership of
600,000 shares of the outstanding common stock (approximately 29%) of UniHolding
and has been elected Chairman of the Board of the Company. Gabriel B. Thomas,
another businessman based in London, has also been elected to the Board.
Any forward looking statements in this press release are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that statements in this press release which are not
strictly historical statements constitute forward looking statements which
involve risk and uncertainties, as detailed in the Company's filings with the
Securities and Exchange Commission.
