1TWOE.COM Agrees to Acquire Sirius Systems.Business Editors GRAPEVINE, Texas--(BUSINESS WIRE)--March 27, 2000 1TWOE.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TWOE) (pronounced "One TWOE") announced today that it has reached agreement with the stockholders of Sirius Systems, Inc. (www.sirinet.net) of Lawton, Oklahoma Lawton is a city in Comanche County, Oklahoma, United States. It is the principal city of the Lawton, Oklahoma Metropolitan Statistical Area. It is the county seat of Comanche CountyGR6. for cash and stock. Exact terms to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. . Sirius Systems is a supplier of high speed Internet connectivity and Internet services. Jeffrey L. Standridge, President of Sirius Systems, will become President of TWOE this week. He will be joined by John C. Johnson, as Vice President of Operations and Chief Technical Officer. Both men will become members of the Board of Directors. Mr. Standridge and Mr. Johnson have worked successfully together at Sirius Systems and will implement a program of expansion by executing a business plan, developed in cooperation with TWOE to rapidly expand Internet operations, service provider base, E-commerce, and Internet entertainment services. Mr. Standridge commented this morning, "I am genuinely excited about joining the TWOE team. There is a synergy with the two companies between TWOE's current operations and Sirius' five years of experience as an ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. and Internet project developer. We will be able to take advantage of the significant research and development efforts, of Sirius Systems and move forward with a major expansion in technology throughout Oklahoma and Texas. We have several unique projects designed that will greatly enhance the technology experience of both commercial and residential customers. The companies together provide a strong facility for rapid growth in Internet services, video/audio streaming and E-commerce." Forward-Looking Statment: Statements included in this press release which are not historical in nature, are intended to be, and are hereby identified as "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " for the purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provided by section 21E of the Securities Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking statements may be identified by words including "anticipate," "believe," "intends," "estimates," "expect," and similar expressions. The Company cautions readers that forward-looking statements including without limitation, those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company's future business prospects are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. |
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