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Kenwick Intends to Buy Automax USA and Automax USA Finance

14 April 1998

Kenwick, Inc. Signs Letter Of Intent To Acquire Automax USA, Inc. And Automax USA Finance, Inc.

    FORT LAUDERDALE, Fla., April 14 -- Kenwick, Inc.
(OTC Bulletin Board: AVLI) signed a letter of intent to acquire Automax USA,
Inc. and Automax USA Finance, Inc., of West Palm Beach, Florida.  The
acquisition is subject to approval by the Board of Directors and will be
accretive upon closing.
    The income statement of the two (2) Companies were strong at year-end
1997.  Total revenues after consolidation were $ 1,773,556 with earnings of
$646,109 before taxes, for the six months ending December 31, 1997. Proforma
for 1998 are revenues of $5.2M with earnings before taxes of $1.2M. Kenwick,
Inc. has 10 million shares authorized and 2.7M issued and outstanding.  The
stock trades on the Electronic Bulletin Board under the symbol AVLI.
    Kenneth Wulwick, president of Kenwick, Inc., views the acquisition as an
enhancement for shareholders.  "Diversifying our holdings is a continuing
effort to increase value for our shareholders. It is critical to the future of
our company," said Wulwick.
    Automax USA, Inc. and Automax USA Finance, Inc., two (2) privately owned
companies selling and financing automobiles, respectively, will join American
Video Language Institute (AVLI), which sells comprehensive English language
learning systems and is currently operated by Kenwick, Inc.

SOURCE  Kenwick, Inc.