AVAQ INTERNATIONAL TO SEEK COMMITMENT ON DEAL

  &lt;AVAQ International Inc> said it
  intends to require Gates Learjet Corp &lt;GLJ> to honor its
  agreement to sell its shares to the company.
      AVAQ said it made the statement in response to an offer by
  &lt;Interconnect Capital Corp> for all of Gates Learjet shares
  after what it believed to be an agreement by Gates to accept
  its offer.
      AVAQ said it offered, pusuant to Gates' guidelines, six
  dlrs per share, plus the purchase of Gates Corp's promisary
  note for 23 mln dlrs.
      Interconnect said it offered 7.07 dlrs per share, plus the
  repurchase of the loan for 13 mlns, for an aggregate price in
  the 95 mln dlr range. Interconnect said it made the offer to
  the board of directors of Gates Learjet on March 9.
      AVAQ said Gates Corp and Gates Learjet approved its offer
  Feb 26.
  

