Citadel Technology Announces Name Change for Internet Spin-off to Inlighten.com.DALLAS--(BUSINESS WIRE)--March 16, 1999--Citadel Technology, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CITN), a provider of network and desktop security software products and majority owner of its Internet e-commerce subsidiary, announced today that it has changed the name of its internet subsidiary Shoppingwave.com to Inlighten.com Steven B. Solomon, Citadel President and 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. said, "As part of our corporate strategy to incorporate our vision of the future, we felt the name inlighten represents our more visionary scope and is more indicative of all that we have planned." Solomon continued, "We envision Inlighten.com as the community of portals for the year 2000 and beyond." Citadel Technology Inc. is a developer and marketer of computer software products including security and management utilities for networks and personal computers. The Company's products are designed to secure and manage personal computers (PCs) and local area networks (LANs) and enable network administrators to more efficiently manage the networks. Company products are designed to reduce client costs, improve accuracy of clients' information, maintain the operation of the network, secure the network from fraud or unauthorized use, and generally enable the administrator to devote more time to improving service to the network rather than focusing on operational details. Recently Citadel announced plans for an Internet spin-off company, Inlighten.com, which will seek to become the leading site for on-line software training, "How To" information, as well as an e-commerce outlet mall An outlet mall (or outlet centre) is a type of shopping mall, in which manufacturers sell their products directly to the public through their own branded stores. Clothing, sporting goods, electrical products, cosmetics, and toys are among the types of items sold at outlet . For more information on Inlighten.com or Citadel Technology , visit the Company's homepage at http://www.inlighten.com or http://www.citadel.com. Contact the Company directly by writing or calling: Citadel Technology, 3811 Turtle Creek Turtle Creek may refer to: Streams
The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. 75219; phone: 214/520-9292; fax: 214/520-9293. For media or investor relations Investor relations The process by which the corporation communicates with its investors. contact: The Investor Relations Group at 212/664-8489. The above statements are not strictly historical facts and include forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve a number of risks and uncertainties. The actual results of the future events described in such forward-looking statements could differ materially as a result of, among other things, the following: timing and delays related to distribution of an information statement based on the SEC review process, no assurances of an initial public offering based on market conditions and suitable underwriters, no guarantee of a NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on listing approval, implementation of Internet strategies, integration of technology, transition of selling and distribution methods, the availability of capital on terms acceptable to the Company, general economic conditions, competition, the market for the network software products, software development costs and possible future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , as well as the risks and uncertainties discussed in the Company's public reports and filings and public statements. |
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