COi Solutions, Inc. Announces That It Will Not Pursue Solos Acquisition.NEW YORK--(BUSINESS WIRE)--Nov. 11, 1999-- Further to a review by its acquisition committee, the board of directors of COi Solutions, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:COSLE), builder of global business InterNetworking solutions, announces its decision to not pursue the acquisition of Georgia-based Solos Ophthalmology ophthalmology (ŏf'thălmŏl`əjē), branch of medicine specializing in the anatomy, function and diseases of the eye. Ophthalmologists specialize in the medical and surgical treatment of eye disorders, vision measurements for , Inc./Kiwi Medical Products. Over the past two months, the acquisition committee has performed appropriate due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. with respect to this acquisition. After thorough review, the conclusion is that the acquisition of Solos is not a strategic move at this time for COi Solutions, Inc. As result, COi will not be pursuing this opportunity. About COi Solutions, Inc. COi Solutions Inc., a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. (OTC BB:COSL COSL Complementary Output Switching Logic COSL Chemistry Operations Support Laboratory (Rocky Flats) COSL Certificate of Safe Load COSL Commander, Oceanographic Systems, Atlantic ), builds electronic business solutions for global organizations based on a 'community of interest' principle. COi's prime focus is working with start-up companies to create totally integrated electronic solutions, combining strategic business, marketing and investment planning with high technologies, including the Internet and private intranets. With offices in the U.S. and Canada, the COi team offers a unique approach in working with its vertical market sectors of healthcare, trade & commerce, travel & tourism, and telecommunications. COi recently acquired a 50 percent stake in Community-Builder.com, an Internet company with a focus on healthcare applications. Visit us at http://www.coisolutions.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 has neither approved nor disapproved of this press release. |
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