COi Solutions, Inc. Secures Funding Agreement For $2 Million.Business Editors LAS VEGAS--(BUSINESS WIRE)--July 23, 2001 Robert G. Jones Robert Gambrell "Bob" Jones (born May 9, 1939) is a stockbroker in Lake Charles who served in the Louisiana House of Representatives from 1968-1972 and in the State Senate from 1972-1976. He is the son of the late Louisiana Governor Sam Houston Jones. , president of COi Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :COSL COSL Complementary Output Switching Logic COSL Chemistry Operations Support Laboratory (Rocky Flats) COSL Certificate of Safe Load COSL Commander, Oceanographic Systems, Atlantic ), is pleased to announce that the company has signed an agreement for the provision of funding necessary to continue with its operational business plan and global healthcare program. Under the terms of this agreement, COi Solutions, Inc. will receive up to $2 million in debt financing. Financing is subject to final agreement on terms and is expected to be completed by August 1, 2001. Proceeds will be used to accelerate the launch of the company's global health insurance program. Funding priorities are the completion of the e-commerce platform and the mobilization of the global distribution network to facilitate the marketing and sale of health insurance to expatriates. About COi Solutions, Inc. COi Solutions Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:COSL), 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. , builds electronic business solutions for global organizations based on a 'community of interest' principle. COi's prime focus has been 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. Over the past nine months, COi has acquired a 95-percent stake in the TeleMedica Group (TMG TMG - TransMoGrifier. An early language for writing recursive descent compilers. It was macroed from the IBM 1604 to the IBM 709 to the IBM 7094 to the GE-635, where it was used by McIlroy and Morris to write the EPL compiler for Multics. ), (http://www.telemedicagroup.com). COi is implementing a multi-step strategy to position TMG as the global e-health provider of choice. Steps of this strategy include providing health insurance coverage, online coaching tools, and e-commerce functionality to enable clients to purchase healthcare products and services that will positively impact their health. Visit http://www.coisolutions.com for the latest news about the company. |
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