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Wednesday, 06/11/2003 6:37:42 AM

Wednesday, June 11, 2003 6:37:42 AM

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CDIK - Coronado Industries Announces European Sales and Distribution Meetings are Going Extremely Well; Expects to Finalize a Distribution Agreement With Italian Company6/11/03
FOUNTAIN HILLS, Ariz., Jun 11, 2003 (BUSINESS WIRE) --
Coronado Industries Inc. (OTC BB: CDIK), a manufacturer of proprietary pneumatic devices for the treatment of glaucoma, announces the European sales and distribution meetings are going extremely well.
On June 3, 2003, Coronado announced G. Richard Smith, CEO, would be traveling to Europe to attend pre-arranged meetings with interested parties for the distribution of the company's patented 'PNT'device and with key European personnel who can significantly advance distribution efforts. Those meetings were pre-arranged by the company's newly appointed Director of Operations John W. Sharkey, Ph.D., and newly appointed Director of European Distribution Francesco Aspes, M.D.
Smith reported, 'I am extremely encouraged by the meetings I have been attending and feel the outcome of these meetings will have a very positive effect on the future of Coronado and its shareholders. I expect to finalize a distribution agreement with a well-known Italian company in the very near future. I am even more convinced that Dr. Sharkey's reputation and European contacts will be a key ingredient in the success of our company. There are some very exciting times ahead.'



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