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Sportan United Industries, Inc. Entered into an Agreement to Acquire All the Outstanding Capital...

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HOUSTON--(BUSINESS WIRE)--May 12, 2004

Sportan United Industries, Inc. ("Sportan") (OTCBB:SPOU) announced that on May 5, 2004, Sportan entered into an agreement to acquire all the outstanding capital stock of PharmaFrontiers Corporation ("PharmaFrontiers"),

pursuant to a stock purchase agreement by and among Sportan, PharmaFrontiers, our major shareholders and certain stockholders of PharmaFrontiers. The closing of this transaction is contingent upon the satisfaction of certain conditions prior to May 28, 2004. There can be no assurance this transaction will close. In the event that this transaction does close, the company will file a press release upon closing and intends to file a Form 8-K concurrently therewith, describing the business of PharmaFrontiers that will become Sportan's business as well as other material terms of the proposed transaction.

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