ActFit/Telum International Corp Trades Under New Ticker Symbol.Business Editors, High-Tech Writers TORONTO--(BUSINESS WIRE)--Dec. 12, 2001 ActFit.com Inc of Toronto, Ontario today announced that as of the beginning of trading today on the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :OTC-Bulletin Board, the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors has been changed from ACTFF to TLMIF. As was reported in the December 5, 2001 press release, the change of the company name to Telum International Corporation was approved at the Annual General Meeting held on November 29, 2001, and made effective by filing articles of amendment on December 5, The name change is pending final approval from the Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) . In other news the company welcomes Mr. Peter Melhado who was elected to the Board of Directors at the recently held Annual General Meeting. Mr. Melhado is a general partner of Polaris Partners, LP, a small cap fund based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Mr. Melhado is a non-executive Board Member of Acquisitor Plc, sits on the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of the Windward School and is Co-President of the Iriquois Avenue Foundation. Mr. Melhado has a BA from Princeton University (1979) and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Columbia University (1985). Mr. Robert Clapperton, company CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. stated, "The Company is indeed privileged to welcome Mr. Melhado to the Board of Directors. Mr. Melhado's vast experience within the investment banking and institutional investment communities will prove invaluable to our future growth." About Telum International Telum International Corp (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TLMIF) is a leading developer of Internet based interactive broadcast and communication technologies. Telum International has created innovative and effective delivery solutions that allow a wide range of industries to realize the potential of the Internet as a marketing, sales, promotional and educational medium. To learn more about Mediapage and other Telum International software solutions visit www.teluminternational.com. Forward-looking statements and comments in this press release are made pursuant to the safe-harbor provisions of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, complete future web sites or complete future acquisitions are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including, but not limited to, the risks related to the demand for the company's products and/or services, competition, and availability of capital. The information herein has not been approved or disapproved by regulatory authorities. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion