AmeriNet `Closes' Acquisition With Mrs. Fields' Cookies Co-Founder's Park City Group and Announces Name Change/Top Priorities.Business Editors BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--June 14, 2001 AmeriNet Group.com, Inc. ("AmeriNet") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABUY) today announced that it has closed on the acquisition of Park City Group, Inc. Park City Group is a software developer headed by Randall K. Fields the co-founder of the internationally renowned Mrs. Fields' Cookies. The AmeriNet name is being changed to Field's Technologies, Inc. subject to availability. The official name and symbol change will be announced upon notification to and from the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). (National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. ). Mr. Fields has been elected as Amerinet's new President and 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. . Mr. Fields stated that "on going press releases will update shareholders as to AmeriNet's developing business plans. Our top priorities are increasing revenues and profits, directing the attention of securities analysts/brokerage firms coverage to our stock, and a listing on a national securities exchange." With the acquisition AmeriNet gains audited revenues of $6,513,142 and pretax profits of $2,386,341 for the year ending December 31, 2000. AmeriNet will change its headquarters to 333 Main Street, Park City, Utah Park City is a city located in Summit County, Utah, United States. It is one of two major resort towns in Utah, the other being Moab. It is considered to be part of the Wasatch Back and a part of the Salt Lake City metropolitan area. 84060. AmeriNet's clients will now include Krispy Kreme Krispy Kreme is a chain of doughnut stores. Its parent company is Krispy Kreme Doughnuts, Inc. (NYSE: KKD), based in Winston-Salem, North Carolina, United States. , The Home Depot, Victoria's Secret, Pacific Sunwear, The Limited, Crate & Barrel, Bath & Body Works, Universal Studios - Orlando, Bi-Lo Foods, William-Sonoma, Wawa and Tesco Lotus (part of one of the world's largest retailers). For additional information concerning AmeriNet, please contact Charles J. Scimeca at (561) 998-3435 (voice); (561) 998-4635 (fax); charles@amerinetgroup.com (email), http://www.amerinetgroup.com (website). Other websites of interest are http://www.amerinet-parkcity-report.com and http://www.parkcity.com. This release is comprised of inter-related information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. This release is provided in compliance with Commission Regulation FD and contains certain "forward-looking statements and information" (as defined in 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) concerning AmeriNet and Park City Group that are based on the beliefs of AmeriNet's and Park City Group's management, as well as assumptions made by and information currently available to AmeriNet and Park City Group. Such statements reflect the current views of AmeriNet and Park City Group with respect to future events and are subject to certain assumptions, including those described in this release. Should one or more of the underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed or expected. AmeriNet and Park City Group do not intend to update these forward-looking statements prior to announcement of quarterly or annual results. |
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