FOR IMMEDIATE RELEASE


U.S. International Trading Corporation Sues A.G. Edwards
Illegal transfer of funds leads to violation of privacy and loss of trust, financial fraud

Los Angeles, CA/July 26, 2002/U.S. International Trading Corporation, an Oregon corporation and a leading international
developer and distributor of personal care products, today announced that it has sued A.G. Edwards for the illegal transfer
of funds from the companyıs account into the hands of an unknown third-party. A.G. Edwards has refused to credit the
account despite the fact that the proper policies and procedures for transferring the funds were not followed.First USA
credit card bank received the funds to apparently pay the debt of one of its creditors.

"I'm outraged that A.G. Edwards, a well-known, well-established investment banking firm who claims that its 'client-first'
philosophy has defined them as an industry leader is not taking responsibility for this situation, even after it has been
proved that the transfer was not done in compliance with the firm's transfer policies and procedures," said Panch Prasad,
President and CEO of U.S. International Trading Corporation. "They have left me with no alternative than to file suit
and raise the issue of their lack of privacy, theft and potential fraud that has taken place." Panch Prasad, president and CEO
of U.S. International Trading Corporation, first raised the issue with A.G. Edwards back in May of 2002, at the time he
discovered funds were missing from his account. For three weeks A.G. Edwards sat on the accusation before determining
a course of action. The prominent investment bank declined to re-instate the funds and established the fault of the situation
on Panch himself claiming that the discovery was not made in sufficient time to rectify the issue. The First USA bank
had requested and received the funds from A.G. Edwards as payment for a third-party individual creditor. This individual,
however, has denied ever receiving the funds or having any knowledge of the funds to pay his credit card debt. Hence,
First USA Bank is also at fault for the inability to provide proper documentation of the fund transfer. "An investigation will
likely reveal financial fraud, wire fraud, and securities fraud," Mr. Prasad said. The suit was filed in Multnomah County
Circuit Court, Portland, OR on June 3, 2002 and is currently being reviewed by SEC (Securities Exchange Commission), NASD
(National Association of Securities Dealers), FBI, and the U.S. Attorney Office. U.S. INTERNATIONAL TRADING CORP
was founded in 1989 in Beaverton, OR and currently has offices in Oregon and California. The founder, Mr. Panch Prasad,
has more than 15 years of experience in international trade, including the manufacturing, acquisition and distribution of beauty
and personal care products. U.S. International also works closely with several institutions and major corporations to develop
and produce new and innovative products. "Our goal is to produce a product that is naturally based and environmentally safe,
which avoids the use of Volatile Organic Chemicals (VOC). The products' safety and their regulatory compliance are the foremost
concern," Mr. Prasad, the CEO of the company said. Mr. Prasad can be reached at 310-291-7997.

Media Contact
Panch Prasad, CEO
Gardena, CA
310-291-7997 (cell)

Legal Counsel
Stephen Madkour
503-517-8833

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