Advanced Business Sciences has New Name, New Ticker Symbol.Business Editors & Technology Writers OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--June 27, 2001 Advanced Business Sciences, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABSH) announces today that its new name is iSECUREtrac(TM) Corp. The company's common stock will trade under 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 (OTCBB:ISRE ISRE Interferon Stimulated Response Element ISRE International Symposium on Requirements Engineering ISRE Information Security Risk Evaluation ) effective today June 27, 2001. "The new name and symbol are part of the positive changes to our business model at iSECUREtrac(TM)," said Jim Stark, Vice President and Chief Financial Officer. "We develop advanced tracking technologies for the monitoring of people, vehicles and assets via a secure web-centric application, hence the reason for a name that reflects our current and future business objectives," Stark added. iSECUREtrac(TM) has designed its tracking hardware in a modular process that allows flexibility in component suppliers and allows for new technological developments as they happen. The company sells its GPS-based tracking applications for specific markets through qualified third-party partners. The company also provides an Internet based services platform where third party distributors can monitor/track the movement of people, vehicles and assets either in a real-time mode or by viewing historical tracking information. Further information on iSECUREtrac Corp can be found on the company's World Wide Web site at www.isecuretrac.com. Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant 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. provisions 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. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the companies actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include but are not limited to positive changes to the Company's business model and other risks. For further risk information, please refer to the Company's Form-10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. filed with the Securities and Exchange Commission March 27, 2001. |
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