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COSMOZ.COM Inc. Announces Its Second Strategic Internet Business Acquisition Of An Established On-line Gaming Website.


SAN RAMON San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:

Argentina
  • San Ramón de la Nueva Orán, a city
Costa Rica
  • San Ramón, Costa Rica, the municipality of San Ramón
, Calif.--(BUSINESS WIRE)--March 8, 1999--COSMOZ.com Inc. (Nasdaq OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:BB CMOZ), today announced that is has signed a definitive and binding agreement to purchase an Established On line Gaming Website and all corporate rights associated with the website.

The foreign company which currently owns the gaming website has a valid offshore internet gaming license. The website is an established and profitable on-line gaming website, within the rapidly growing on-line gaming Internet niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector.

By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers.
 -- in keeping with COSMOZ.com's previously stated objectives.

Complete details about the gaming website and related company will be announced over the next day or so, as soon as the website's suppliers have been notified of the acquisition agreement.

Similar to Go2Net Inc. (NASDAQ:GNET GNET Global Network of Environment and Technology
GNET General Information Network
GNET Gigabit Network
) and CMGI CMGI Commonly Maintained Grounds Infrastructures
CMGI College Marketing Group Information (Services) 
 Inc. (NASDAQ:CMGI), COSMOZ.com's mission is to become a recognized leader in the development and acquisition of high profile, high traffic, niche market - Internet related businesses and web based Coming from a Web server. See Web application.  technologies.

COSMOZ.com's goal is to become a major force in the Internet field and is dedicated to achieving this goal in a timely manner. In addition to COSMOZ.com's recently announced acquisition agreement with the INVESTORSGURU.COM financial website, the company is currently in negotiations with several other unique Internet companies for possible mergers or acquisitions and investments in the near future.

COSMOZ.com also has several website development projects, within a wide range of Internet Affinities, which are currently being planned for this year.

The www.COSMOZ.com website is almost ready to be uploaded. Registrations at both Network Solutions and our DNS (Domain Name System) A system for converting host names and domain names into IP addresses on the Internet or on local networks that use the TCP/IP protocol. For example, when a Web site address is given to the DNS either by typing a URL in a browser or behind the  registration, which points web browsers to the numbered URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 where COSMOZ.com will be hosted, have taken longer than expected. Both have been backed up due to technical delays on their part and the high number of new websites being processed recently.

The website is waiting for final registration and is expected to be released very soon.

The COSMOZ.com website will serve three strategic purposes. First, it will communicate our mission and corporate information effectively to better serve customers and investors. Second, it will conveniently tie together and promote complementary web based businesses which we develop, acquire or sell.

Third, established Internet based businesses can submit their website to be reviewed, towards potential acquisition.

Certain information and statements included in this release constitute "forward-looking statements" within the meaning of the Federal 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. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied in such forward-looking statements.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 8, 1999
Words:439
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