BarPoint.com Announces Expansion.Business Editors FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Dec. 1, 2000 BarPoint.com (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BPNT), the on-line and wireless product information and shopping service, announced today that it will be expanding both its Florida Headquarters and its New York Applications Division and Sales office. BarPoint's corporate headquarters will be relocating from downtown Fort Lauderdale to a 50,000 square foot office building in Deerfield Beach, Florida Deerfield Beach is a city in Broward County, Florida, USA. The city is named for the numerous deer that once roamed the area. As of 2004, the population estimated by the U.S. Census Bureau is 76,478. . The 10-year lease, with an initial annual financial commitment of approximately $650,000, was signed on November 30, 2000. Synergy Solutions, BarPoint's applications development division in New York, will also be relocating to a new combined sales and product development facility 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. . "We are continuing to add quality people to our team and to expand our business operations. As such, relocating to larger facilities is a natural and necessary next step in our evolution," stated John Macatee, 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. of BarPoint.com. "We are fortunate to have found excellent locations that will provide us room to grow at rates that are substantially lower than our current locations." About BarPoint BarPoint.com is a leading online and wireless product information and shopping service. As a content provider, retail sales facilitator, and applications developer, BarPoint is dedicated to helping businesses and consumers make better buying decisions. BarPoint is the pioneer in the use of unique product identifiers, such as the UPC (Universal Product Code) The standard bar code printed on retail merchandise, which is administered by GS1 US, Brussels, Belgium and Lawrenceville, NJ (www.gs1.org). barcode number, and patent pending "reverse search" technology to simplify the process of finding meaningful product information, anytime, anywhere. The Company is uniquely positioned to benefit from the growth in mobile commerce as wireless communications, mobile computing and scanning technologies converge. BarPoint has previously announced strategic alliances with companies such as AT&T Wireless (NYSE NYSE See: New York Stock Exchange :AWE), Motorola (NYSE:MOT), Verizon Wireless, Go America (Nasdaq:GOAM GOAM Government of Armenia ), i3 Mobile, Inc. (Nasdaq: IIIM IIIM International Institute of Islamic Medicine IIIM Islamic Information Institute of Manitoba ), JP Systems, and Symbol Technologies (NYSE:SBL SBL Society of Biblical Literature SBL Symbol Technologies, Inc. (NYSE symbol) SBL Spamhaus Block List SBL Space-Based Laser SBL Securities Borrowing and Lending SBL Supreme Beings of Leisure (band) ) and last year acquired Synergy Solutions, which is now a wholly owned BarPoint.com subsidiary. Whether using a handheld device to scan or manually enter the product's UPC or even accessing BarPoint's website from a desktop computer, BarPoint.com is the most direct route to better, more informed purchasing decisions -- anytime, anywhere. BarPoint.com is located at: One East Broward Boulevard, Suite 410, Fort Lauderdale, FL 33301. For information, contact BarPoint.com at: (954) 745-7500 or via the web: www.barpoint.com. This press release contains forward-looking statements within the meaning 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, regarding the Company's business strategy and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties, both general and specific to the matters discussed in this press release. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the Company, may cause the Company' s actual results and performance to differ materially from the future results and performance expressed in or implied by such forward-looking statements. The forward-looking statements contained in this press release speak only as of the date hereof and the Company expressly disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in the Company' s expectations or future events. BarPoint, BarPoint.com, My BarPoint and SlideShow Commander are trademarks of BarPoint.com, Inc. BarPoint technology is patent pending. |
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