Aquistar Ventures - USA - Inc./Custom Branded Networks, Inc. - CBN - Announces Acquisition of EBIZ2NET.Business Editors LAS VEGAS--(BUSINESS WIRE)--March 29, 2001 Aquistar Ventures (USA), Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AQVV)/Custom Branded Networks, Inc. CBN CBN - call-by-name is in its final stages of completing the acquisition of EBIZ EBIZ Electronic Business 2NET. In the acquisition, CBN will acquire the technology enabling CBN to provide private label services to small companies and organizations with as few as 100 subscribers. The developer of the technology, Randy Ide, will take a senior V.P. position with CBN where he will oversee product services. CBN 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. John Platt Dr John Platt is a senior researcher in the Knowledge Tools Group at Microsoft Corporation. Platt has worked for Microsoft since 1997. Prior to Microsoft, Platt had served as Director of Research at Synaptics. , states "This acquisition positions CBN to efficiently deploy private label access for small companies and organizations." About the Company Custom Branded Networks (CBN) is the leader in providing 100% turnkey, private label Internet access to companies and organizations. CBN's private label partners gain marketing leverage, increased profits and increase brand image. CBN leverages its aggregated partners, thereby obtaining increased purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. from technology providers and third party product and service providers. Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable; it can give no assurance that such expectations reflected in such forward-looking statements will prove to have been correct. The company's actual results could differ materially from those anticipated in the forward-looking statements if certain assumptions do not prove to be true, such as the company's current position as a leader in its industry and its ability to out perform its competition going forward. |
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