Celerity Systems, Inc. Engages Continental Capital & Equity Corporation to Launch Financial Public Relations Campaign.KNOXVILLE, Tenn.--(BUSINESS WIRE)--Aug. 24, 1999-- Celerity ce·ler·i·ty n. Swiftness of action or motion; speed. See Synonyms at haste. [French célérité, from Old French, from Latin celerit Systems, Inc. (Nasdaq:CLRT CLRT Continuous Lateral Rotation Therapy CLRT Command Logistics Review Team CLRT Cranial Laser Release Technique ) today announced that it has engaged the financial public relations Financial public relations Public relations division of a company charged with cultivating positive investor relations and proper disclosure information. services of Florida-based Continental Capital & Equity Corporation to pro-actively increase awareness of the Company among the investing community, at large. Specifically, Celerity Systems will be featured in an Inside Wall Street direct mail program intelligently targeting over 100,000 investors, as well as appear on Continental Capital's web site, www.insidewallstreet.com. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Ken Van Meter, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Celerity: "In light of our merger with FutureTrak International, Inc., management believes that we are well positioned to offer investors a unique opportunity to capitalize on the growing excitement surrounding the total convergence of digital technologies. Celerity/FutureTrak intends to leverage its combined strengths to deliver to the multi-housing unit marketplace Internet, video, email, on demand movies, and home energy management among numerous other services via a user-friendly set-top box. With the implementation of our business plan rapidly underway, the time couldn't be any better for Celerity to arrive center stage on Wall Street." Dodi Zirkle, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Continental Capital, added: "After spending considerable time evaluating Celerity/FutureTrak's business model and marketing strategies, meeting its new management team and researching the industry potential, we are quite pleased to have been selected by the Company to launch an international financial relations campaign on their behalf. Celerity/FutureTrak's innovative and financially compelling approach to providing interactive services to the huge and growing population of apartment/condo dwellers, via the television, qualifies the Company as an undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. situation worthy of mass market attention -- especially after factoring in peer comparisons and market trend indicators. We look forward to playing a vital role in assisting the Company to elevate recognition of its exciting market potential and long term investment appeal." About Celerity Systems, Inc. Celerity Systems is a leading provider of digital video servers and digital set top boxes for the interactive video and high speed Internet markets, with seventeen deployments around the world. Celerity also can provide end-to-end systems through strategic relationships with Innovacom, Fore Systems, Minerva Systems, Nortel, Cisco, and Battelle Laboratories. The Company recently entered into a Definitive Agreement to merge with FutureTrak International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:FTRK), a provider of integrated entertainment and information products and services concentrating primarily on the multi-housing and mobile markets in the US and internationally. FTRK provides digital satellite television, Internet access, DTN See disruption-tolerant network and delay-tolerant network. weather and stock services, and interactive and Web content to its subscribers. |
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