BarPoint.com Awarded $200,000 Incentives Package by the Broward County Commission; Cash Award Enables BarPoint Corporate Expansion.Business Editors/High-Tech Writers FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--Jan. 27, 2000 BarPoint.com (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BPNT) the company that is revolutionizing consumer use of Universal Product Codes (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). ), today announced the award of a $200,000 direct cash grant by the Broward County Commission as part of a six year incentive for BarPoint to move its headquarters to Fort Lauderdale Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. . Broward County and the City of Fort Lauderdale will split the cost of the incentive evenly, each contributing $100,000. BarPoint is a product information and shopping site designed to help consumers make more informed purchasing decisions based on patent-pending search technology using the UPC barcode number. Broward County awarded the incentive package to BarPoint because over the next two years the company is expected to bring a significant number of jobs and provide increased tax revenue to the South Florida area. About BarPoint.com BarPoint.com is the single, authoritative source for mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. commerce; bridging the gap between the broad selection of products offered online with the confidence and satisfaction of retail shopping. Using BarPoint's comprehensive Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the database and a handheld device, consumers can instantly obtain comparative pricing, product and manufacturer information, etc. for millions of items, using a product's unique barcode. BarPoint has previously announced strategic alliances with companies such as Go America, JP Systems, Konover Property Turst and Symbol Technologies and recently acquired Synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. Solutions, which is now 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 BarPoint.com. 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, Fla., 33301. For information, contact BarPoint.com at: (954) 745-7500 or via the web: www.barpoint.com. |
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