2Energia Inc. Completes Reverse Merger With Delmar Management, Inc.; Announces New Stock Trading Symbol & Updated Company Website.Business Editors DALLAS--(BUSINESS WIRE)--Jan. 31, 2003 The Board of Directors of Delmar Management, Inc. ("Delmar") (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :DMGM) and 2Energia, Inc. ("2Energia") (OTC:TWEN TWEN The West Education Network ) are pleased to announce that 2Energia has completed the acquisition of a controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in Delmar through a reverse merger, with 2Energia being the surviving business entity. Concurrent with the merger, Delmar's officers and directors have resigned in favor of a new management team and Board of Directors nominated nom·i·nate tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates 1. To propose by name as a candidate, especially for election. 2. To designate or appoint to an office, responsibility, or honor. by 2Energia. Officers and Directors of 2Energia now own / control more than 60% of the Company's issued and outstanding stock. The Company also wishes to report that it has received regulatory approvals of its application for a name change (to "2Energia Inc.") and new trading symbol Trading symbol See: Ticker symbol which better-reflects the Company's new business focus. Effective at the start of trading today, shares of 2Energia will begin trading under the symbol (OTC:TWEN). 2Energia is also pleased to announce the launch of the Company's updated website: http://www.2Energia.com/. Investors can access the website to obtain stock quotes, view news releases and independent third party research reports on TWEN, read Letters to Shareholders, and learn more about 2Energia's complete range of Information Technology products and services. 2Energia is a profitable, rapidly-growing Information Technology business serving both large and emerging growth companies, as well as state and Federal government agencies. Staffing and contract consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" are provided by 2Energia in the following specialty areas: Information Technology, Technical Services, Software / Programming, and Call Center Services. Further information on 2Energia's business plan, management team and corporate strategy will be announced in future news releases. On Behalf of the Board, "Kyle Shapiro" Kyle Shapiro President Delmar Management, Inc. This press release contains 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. within the meaning of The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 (the "Act"), as well as Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In particular, when used in the proceeding discussion, the words "plan", "confident that", "believe", "expect", or "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to 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. created by the Act. Such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements are subject to certain risks and uncertainties that are subject to change at any time, and the Company's actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components for, and delays in the start of production, general acceptance of the company's products and technologies, competitive factors, the ability to successfully complete additional financing and other risks. |
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