SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. LITIGATION RELEASE No. 15453/August 21, 1997 SECURITIES AND EXCHANGE COMMISSION V. TIXMAX I GENERAL PARTNERSHIP, ET AL., Civil Action No. C-96-01038-CW (N.D. Cal. March 20, 1995) On February 18, 1997, the Honorable Claudia Wilken, United States District Court Judge, entered Final Judgments of Permanent Injunction against defendants TixMax I General Partnership, FMJ Financial Group, Inc., Norman J. Follis, Andrei S. Melchner, Allan R. Jamieson and Intervise, Inc. (collectively, "defendants"). The Final Judgments order Follis, Jamieson and Melchner to pay disgorgement in the amounts of $23,000, $15,662 and $29,800, respectively, plus prejudgment interest, payment of which is waived by the Court based upon their sworn representations of their inability to pay contained in their respective Statements of Financial Condition. Based upon their representations in their Statements of Financial Condition, the Court did not order defendants to pay civil penalties. This action involved the alleged fraudulent offer and sale of general partnership interests by the defendants. The Permanent Injunctions permanently enjoin the defendants from future violations of the antifraud and registration provisions of the federal securities laws. ======END OF PAGE 1======