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Capital Asset Management LLC and Solutions Media Inc. Raise Capital.


TEMECULA, Calif.--(BUSINESS WIRE)--Feb. 10, 1999--Capital Asset Management LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 and Solutions Media Inc. assisted in the arrangement of $325,000 capital infusion Capital infusion

Often refers to the cross-subsidization of divisions within a firm. When one division is not doing well, it might benefit from an infusion of new funds from the more successful divisions.
 to Peacock Financial Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB:PFCK) last week.

Capital Asset Management was founded in 1990 and is a full-service consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 specializing in asset protection and management, investment banking and other financial and business-planning services. Their staff specializes in clients ranging from $0.5 to $5 million.

Solutions Media is primarily a "New Media Venture" firm that is in the process of developing a standardized interface for convergence technologies. In order to generate revenues to fund the research and development of their convergence products, Solutions Media plans to offer the components of their convergence interface in the form of services as they come to completion. One such release is planned for next week.

Solutions Media's talented team of designers, engineers, marketers, and project managers are also building Web sites and is providing Web-based marketing services for private corporations.

Solutions Media has presented more than $3 million in proposals in the month of January 1999, many of which can be credited to Capital Asset Management and were requested from their attendance at the Regional Investment Bankers Association (RIBA RIBA Royal Institute of British Architects ) meeting and The Money Show.

Peacock Financial Corp., an investment holding company based in San Jacinto, Calif., is an equity partner of Solutions Media, and intends, with the help of Capital Asset Management (http://www.worldassetpros.com) to take the company public later this year.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement under the 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: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
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:9THAI
Date:Feb 11, 1999
Words:337
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