ChannelPoint, Inc. Files Registration Statement for Initial Public Offering.Business Editors, Health & Medical Writers WESTMINSTER, Colo.--(BW HealthWire)--March 28, 2000 ChannelPoint, Inc. has filed with the Securities and Exchange Commission a registration statement for the initial public offering of its common stock. Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:
The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues. of the offering. Co-managing underwriters of this offering will include Chase H&Q, Robertson Stephens and Wit SoundView. ChannelPoint is a leading provider of Internet-based, business-to-business solutions that enable e-commerce in the approximately $2.8 trillion global insurance industry. ChannelPoint's software applications and professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. offerings are designed to meet the evolving needs of carriers, distributors and buyers of insurance. The Company's technologies leverage the power of the Internet to streamline and automate the insurance distribution process to facilitate end-to-end transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. . A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The offering will be made only by means of a prospectus. Once available, preliminary prospectuses may be obtained from Morgan Stanley Dean Witter at 1585 Broadway, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York 10036. |
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