American General Ventures' unit, ACI Micro Systems, signs distribution and licensing agreement with Prodigy.COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--June 25, 1997--ACI Micro Systems Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of American General Ventures (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMGV) signed a partnership agreement with Prodigy. Under the agreement, ACI ACI American Concrete Institute ACI Arch Coal Inc ACI Airports Council International (formerly Airport Associations Coordinating Council) ACI Automobile Club d'Italia ACI American Competitiveness Initiative will pre-install the Prodigy Internet software on all of the computers it sells and provide its customers with promotional materials on the Prodigy Internet Service. Prodigy will pay ACI a bounty for each ACI customer who becomes a Converted Membership Holder of the Prodigy Internet Service. Additionally, Prodigy has agreed to list ACI's Web site and establish a link to ACI's Web site from an appropriate area on the Service. CONTACT: American General Ventures Inc., Colorado Springs Investor Relations Investor relations The process by which the corporation communicates with its investors. , 719/532-9442 |
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