Cashco Management Inc. Announces it's Intention to Acquire enPact! Technology, Inc.NEWMARKET, Canada--(BUSINESS WIRE)--June 1, 1999-- Cashco Management Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CSHK), announced today that the Company has agreed to acquire enPact Technology, Inc, a software company, located in EXTON, PA. EnPact Technology, Inc. owns the proprietary rights to enPact! and enPact! SBE SBE - Microsoft Office Small Business Edition (Small Business Edition) contact management software systems for the purposes of worldwide distribution. The enPact! product line is designed to run on all versions of Microsoft's Windows operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. from and including 3.1, 95/98 & NT. The acquisition provides for a monetary payment of $10,000USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ; $5000 down and $5000 upon signing of a letter of intent. In addition, the Company has agreed to the issuance of 1.4 million shares of Cashco at the time of closing. The Company has agreed to a marketing agreement with enPact! to cover the time between the signing of the letter of intent and the closing of the acquisition. This agreement allows for a 5% Royalty to be paid to enPact! on all product sold in the interim. Cashco will be responsible for the manufacturing of CD ROM's and packaging, a process which shall be completed by closing. The proposed acquisition of the enPact! Technology, Inc. will provide Cashco Management Inc. and its exclusive sales and marketing agent ID Four Ltd. (OTC BB IDFR IDFR Institute of Diplomacy and Foreign Relations (Malaysia) ) with high quality business productivity tools for immediate sale in the thriving market segment of contact management and sales force automation Automating the sales activities within an organization. A comprehensive SFA package provides such functions as contact management, note and information sharing, quick proposal and presentation generation, product configurators, calendars and to-do lists. . These products will compliment Not to be confused with Complement. Compliment may be
The enPact! products have been fully engineered and the retail compatible packaging designed. Both software products are available for electronic purchase at eContactOnline.com with retail distribution to follow. enPact! and enPact! SBE is priced at just $59.95 and $89.95 (USD) respectively. An introductory price of $29.95 and $59.95 will be available exclusively on line for a 60 day period. d.b.a. Marketing of Vancouver, BC. will be responsible for the product's entry into the retail marketplace. d.b.a. Marketing is an independent sales and marketing firm, under contract with ID Four, specializing in product launch to major distribution and retail accounts. enPact! and enPact! SBE are extremely powerful business tools which will assist Cashco in developing a market for economical but quality contact management software. The software offers multiple contact, relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. management with total customization for individual needs. The enPact! user can store personal and business contacts, names and addresses, multiple phone and fax numbers, email addresses See Internet address. and unlimited additional information against every record. Using an advanced relational history structure, the enPact! products can record any events that take place whether by phone, fax or in person and record them for later retrieval and reporting. The history records are stored as required, date and user initials stamped for complete data audit. The enPact! products also feature full scheduling, To Do lists, Search and Replace, Database Filtering, Reporting, printing to labels and envelopes, mail merge Printing customized form letters. A common feature of a word processor, it uses a letter and a name and address list. In the letter, Dear A: Thank you for ordering B from our C store..., A, B and C are merge points into which data are inserted from the list. , auto phone dialing and much more. The SBE edition offers a 3-user network product for small businesses wishing to share information across their networks at a cost-effective price. enPact! provides full documentation on the CD with the option to purchase printed documentation directly from Cashco at $14.95. All enPact! products are Y2K See Y2K problem and Y2K compliant. Y2K - Year 2000 compatible. The Company was informed that a test version of the enPact! Site was inadvertently made available to the public via the Internet prematurely. Upon discovery of this error, the site was immediately removed from the live link. Unfortunately, the link was captured on a Message Board and shared with others. The Company regrets any confusion or misunderstanding this may have caused. The information currently available on the site is now correct. The shares of Cashco Management Inc. are quoted on the Over the Counter Bulletin Board, symbol OTC BB CSHK. For more information, please contact Rhonda Windsor at 905-898-0918 or visit our web site at http://www.cashcointl.com. |
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