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Thursday, 05/20/2004 2:18:10 PM

Thursday, May 20, 2004 2:18:10 PM

Post# of 54
NEWS!!!!!!!!!!

Vision Real Estate Management and Development Announces Details of Its Shareholders Meeting
Thursday May 20, 12:16 pm ET


ALBANY, N.Y.--(BUSINESS WIRE)--May 20, 2004--Vision Real Estate Management and Development, Inc. (Pink Sheets: VRMD - News) will hold its shareholders meeting on May 30, 2004. The meeting will be held at its offices located at 11 Computer Drive West, Albany, NY 12205. The meeting will commence at 9 am.
"We are very excited to be able to meet our shareholders," stated Mr. Daniel J. Duffy, Vice President of Vision Real Estate Management and Development. "And have the opportunity for our shareholders to see first hand what we have been doing over the course of the last several months."

Anyone needing further information on the shareholders meeting is asked to call the company's mortgage office at 518-438-8100 ext 303. The company is experiencing problems with the phone service at its main offices.

"Unfortunately we are experiencing trouble with our new telephone service provider at our corporate headquarters, "stated Donovan Rhoden, President and CEO of Vision Real Estate Management and Development. "The new provider has guaranteed us the problem is being worked on and will be fixed no later then Monday morning. We apologize for any inconvenience or undue concern this problem has caused."

Forward-Looking Statements the private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.



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Contact:
Vision Real Estate Management and Development, Inc.
Paul Wilson, 518-438-8100 Ex. 303
www.vrmdcorp.com


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