Monsoon Signs Letter of Intent to Acquire MajorityInterest in MCIC; Internet Development...

PARLIER, Calif.--(BUSINESS WIRE)--Aug. 13, 1998--Monsoon International (OTC/BB:MIMF) Thursday announced that the company has signed a Letter of Intent with California-based MCIC, a leading provider of Web site development and Internet solutions to acquire majority ownership in the company.

MCIC's clients include, but are not limited to: Microsoft's Middle Eastern Product Development Division, SUNMAID Raisins, Make A Wish Foundation, Zacky Farms, DeBas Chocolatier, CBS Radio, VALLEYPLAZA.COM, California Pistachio Commission and Community Health Systems of California.

In making the announcement, Michael James, chief executive officer of Monsoon, commented: "MCIC clearly understands that marketing is the lifeblood of business. With an unparalleled management team, award-winning design staff, marketing expertise and financial stability, we believe that MCIC will provide Monsoon with the experience and expertise needed in the launch of its virtual reality projects including the Atwater Theme Park."

Michael R. Conner, president and CEO of MCIC, added: "We believe that our services will be a perfect adjunct to Monsoon in its aggressive pursuit of its strategic objectives. Our shareholders have extended their approval to allow Monsoon the ability to move forward in the preparation of contractual documents for the transference of MCIC shares into Monsoon. It is with complete conviction that we contend our participation in Monsoon's internet/virtual reality and other cutting edge technology projects will garner value to the company's shareholders and increase our international presence."

Monsoon has suspended all negotiations with Zen Logic.

Monsoon International is a holding company focusing on applying state-of-the-art technology and its application to industries experiencing growth, consolidation, and/or deregulation.

For further information concerning MCIC, visit the company's Web site at www.mcic.net.

CONTACT: World Vision Financial Group

888/345-6060 or 407/834-8944

E-Mail: relations@wvfg.com or wvfg@juno.com

or

Fiscal Image

Arthur Hartman, 949/713-3038

or

The Syndicated Group Inc.

Albert Fusco, 728/268-4265

E-Mail: monsoon@syndicated.com

www.syndicated.com

or

Latronico Communications

Richard Latronico, 209/265-6456