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[0] Take to Auction Changes Name to Nimbus Group.


Business Editors/Technology Writers

FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Sept. 14, 2001

Take to Auction (AMEX AMEX

See: American Stock Exchange
:TTA TTA Telecommunications Technology Association (Korea)
TTA Teacher Training Agency (UK)
TTA Triangle Transit Authority (Raleigh/Chapel Hill/Durham, North Carolina, USA) 
), a leading provider of e-commerce solutions and one of the largest sellers at online auction, today announced that its board of directors approved to change the name of the corporation from Take to Auction.com, Inc. to Nimbus Group, Inc. ("Nimbus"), effective immediately. The name change is the first step in a transitional plan to leverage its highly sophisticated proprietary logistics technology.

"The decision to change our corporate name to Nimbus is part of the strategic plan to focus our resources on the recent innovations and advancements currently being introduced in the aviation industry," said Ilia Lekach Ilia Lekach is the chief executive officer of Parlux (Nasdaq: "PARL"), a company that makes perfume. Best known brands are Paris Hilton and Guess brands. , Chairman of Nimbus. "I believe that the recent development of smaller, faster and safer twin engine turbine jets, has opened an unprecedented window of opportunity for our company," continued Mr. Lekach.

"We are developing certain technologies that allow dynamic allocation and geographic assignment of aircraft for the air taxi business," confirmed Jonathan Geller, Chief Technology Officer of Nimbus.

About Nimbus Group

Nimbus intends to make business jet travel broadly affordable, through an air taxi service. Pre-screened "Nimbus Travel Card" members will have the convenience to travel at the spur of the moment


    "<B>Spur of the Moment</B>" is an episode of the American television anthology series <em>The Twilight Zone</em>. <H2>Details</H2>*Episode number: 141*Season: 5*Production code: 2608*Original air date: February 21, 1964*Writer: Richard
     in comfort and safety. Nimbus will provide its members with individualized in·di·vid·u·al·ize  
    tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es
    1. To give individuality to.

    2. To consider or treat individually; particularize.

    3.
     air transport, on-demand doorstep-to-destination services. This efficient air taxi system will be supported by a sophisticated proprietary logistics technology. Contact Nimbus at http://www.Nimbusjets.com.
    COPYRIGHT 2001 Business Wire
    No portion of this article can be reproduced without the express written permission from the copyright holder.
    Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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    Article Details
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    Publication:Business Wire
    Date:Sep 14, 2001
    Words:243
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