Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CAM Designs Inc. Acquires theNETdigest.com, Inc.


Business Editors

NEW YORK--(BUSINESS WIRE)--May 23, 2000

CAM cam, mechanical device
cam, mechanical device for converting a rotating motion into a reciprocating, or back-and-forth, motion, or for changing a simple motion into a complex one.
 Designs Inc. (NQBEQS "Pink Sheets": FRTX) announced today its acquisition in an exchange of shares of all of the capital stock of theNETdigest.com, Inc. theNETdigest.com, Inc., a privately held 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
 publishing company based in Fort Lauderdale, Florida Fort Lauderdale, known as the "Venice of America" due to its expansive and intricate canal system, is a city in Broward County, Florida, United States. The city's population is described as metropolitan, where diverse culture is commonplace. According to 2006 U.S.  and Cam Designs Inc. will leverage their combined strengths to produce premium health and lifestyle related informational sites on the Internet.

Geoffrey Taylor, President, CAM Designs Inc., stated: "We have reviewed several Internet potentials and felt what theNETdigest.com, Inc., is accomplishing is both revolutionary and exciting and should be beneficial to our stockholders."

theNETdigest.com, Inc. (www.thenetdigest.com), a quality Internet publishing company, is developing the parent site to in excess of fifty (50) web domain sites. theNETdigest.com, Inc. intends meticulously me·tic·u·lous  
adj.
1. Extremely careful and precise.

2. Extremely or excessively concerned with details.



[From Latin met
 to develop and maintain state-of-the-art informational web sites for the end users on an impressive variety of subject matter. Its goal is to provide totally comprehensive sites updated daily for the most cutting-edge information and news articles. Each web site will have a specific, highly researched subject matter and will be geared toward supplying its users what they need in one convenient, user-friendly arena. All sites developed will be supported by conventional advertising, including radio and broadcast.

The first focused, in-depth web site currently under construction is theDIABETICdigest.com. Research has demonstrated a strong market need for a concentration of information on this serious disease. This site will offer an Editorial Board consisting of prominent professionals in the industry, news articles added daily as well as an archive of articles, up-to-date product information, a healthcare database, and a shopping area. Each article will by summarized by a brief paragraph explaining its content. With a glossary A term used by Microsoft Word and adopted by other word processors for the list of shorthand, keyboard macros created by a particular user. See glossaries in this publication and The Computer Glossary. , bulletin board and chatroom, this site will provide all the resources and feedback diabetics and their families and friends need, in one web site. The content is reputable rep·u·ta·ble  
adj.
Having a good reputation; honorable.



repu·ta·bil
, current and entertaining, presented in an easy to understand language. This site will feature a large section devoted specifically to Juvenile Diabetes juvenile diabetes
n.
Insulin-dependent diabetes.
, with the newest information on research and activities for the parents and physicians of children with diabetes. TheDiabeticdigest.com will be represented by spokesperson Michelle McGann McGann was born on December 30, 1969 in West Palm Beach, Florida. Diagnosed as a juvenile diabetic at age 13, Michelle did not let the disease interfere with her game. This West Palm Beach native garnered victories in three Florida State Junior Championships, a United States Golf , a professional golfer on the LPGA LPGA
abbr.
Ladies Professional Golf Association
. Michelle was diagnosed as a diabetic diabetic /di·a·bet·ic/ (-bet´ik)
1. pertaining to or affected with diabetes.

2. a person with diabetes.


di·a·bet·ic
adj.
1.
 at the age of 13 and is a role model for many younger diabetics.

TheDIABETICdigest.com will also include a complete section for children called the KidZone. Focusing on the needs and concerns of children afflicted af·flict  
tr.v. af·flict·ed, af·flict·ing, af·flicts
To inflict grievous physical or mental suffering on.



[Middle English afflighten, from afflight,
 with diabetes, this section will contain most of the information of our main site, but written in a language children can easily understand. It will contain its own glossary and articles and feature a chatroom for kids with diabetes to interact with each other. Bold bright graphics and pictures and fun news items will entertain the children as they learn to take better care of themselves. The section will soon feature its own original animated theater-quality movie short.

Plans are underway to introduce theDiabeticdigest.com in mid-July in the year 2000. Other web domains being acquired by theNETdigest.com, Inc. include seventeen (17) health digests and thirty-five (35) general lifestyle digests. Future web sites currently in pre-production include one health digest and one lifestyle digest. Each web site will be developed within the strict quality guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
 of theNETdigest.com, Inc. and will include exercise videos and a complete section for children.

theNETdigest.com, Inc. will operate from Uptown Studios in Fort Lauderdale, Florida, a 16,000 square foot full service production facility complete with professional broadcast quality video and audio services. Uptown Studios will offer its state-of-the-art facilities and support to theNETdigest.com, Inc. and its intellectual properties.

Dr. Howard Storfer, Co-Founder and Director of theNETdigest.com, Inc, stated: "Being a publicly held company was always one of our immediate business goals and this alliance accelerates our business plan by 18 months. We are very excited about this partnership and are planning to utilize our combined strengths and knowledge to their fullest potential."

Under the Agreement and Plan of Reorganization between CAM Designs Inc. and theNETdigest.com, Inc. CAM Designs Inc. is issuing 12,250,000 shares of its common stock in exchange for each and every share of common stock of theNETdigest.com, Inc. As a consequence of this exchange of shares, theNETdigest.com, Inc. becomes a wholly-owned subsidiary of CAM Designs Inc. Cam Designs Inc. plans promptly to file with the State of Delaware to change its name to theNETdigest.com, Inc. and take steps to reinstitute its former OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 listing.

This release contains forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 regarding potential future events and developments affecting the business of CAM Designs, Inc. and theNETdigest.com, Inc. These forward-looking statements involve unknown risks and uncertainties including, but not limited to, changes in technology, ability to launch web sites on time, intensive competition, general economic conditions and other factors not under the control of CAM Designs, Inc. or theNETdigest.com, Inc., which may cause actual results, performance or achievements of the companies to be materially different from the future results, performance, achievements or other expectations expressed or implied by these forward-looking statements.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:May 23, 2000
Words:853
Previous Article:Q Comm International Inc. Files 10Q.
Next Article:Printrak International, UniComp, and Peerless Systems Conference Calls to be Broadcast On Investor Broadcast Network Over the Internet.
Topics:



Related Articles
Injection molds.
Injection Molds.
UGS Merges with SDRC.
INJECTION MOLDS.
Injection molds. (Product Lines Reviewed).
Injection molds.
Advanstar acquires "Cadence" magazine from CMP Media.
Injection molds.
CAD/CAM software: a woodworker's primer: use of CAD/CAM software can improve productivity and profits for woodworking businesses of all sizes.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles