Citadel Technology Announces Name Change to CT Holdings and Applies for Nasdaq SmallCap Market Listing.Business Editors DALLAS--(BUSINESS WIRE)--Jan. 7, 2000 Name Change Reflects Transition into Business-to-Business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) Company Incubator: Follows Launch of How2.com Citadel Technology, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CITN) announced today that it has changed its name to CT Holdings, Inc., which better reflects the increasing importance of its business activities as an incubator of business-to-business (B2B) Internet companies. CT Holdings began its Internet activities in 1999 with the formation of How2.com, a provider of online post sale customer care solutions, including rebate services, extended warranties and themed e-commerce. CT Holdings also announced that it has applied for a listing on the Nasdaq SmallCap Market. CT Holdings will provide early stage business-to-business "dot com dot com - com " ventures with a single source of financial and management capital, as well as consulting on operations, marketing and strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , that will enable these start-up companies start-up company A new business. to establish a clear path for growth so that they may become online market leaders. "The visionary leaders and business-to-business companies we will invest in and help to develop will be those that create Web applications in the e-business enabling solutions segment across a spectrum of industries, build market leadership and enhance shareholder value in the process," said Steven B. Solomon, Chief Executive Officer of CT Holdings. "Expanding our focus from our security software business into a B2B incubator model will put us at the center of one of the most exciting developments in the new economy." How2.com was launched as a subsidiary of Citadel in early 1999 and is a provider of outsourced online post sale customer care solutions--managing rebate, warranty and other branded sales opportunities for a number of businesses. About CT Holdings, Inc. - CT Holdings is an incubator for early stage B2B companies and a developer and marketer of Citadel Technology computer software products. How2.com is a subsidiary of CT Holdings. For more information on Citadel Technology products, visit the Company's homepage at http://www.citadel.com. For information on purchasing products, contact the Company directly by writing or calling: CT Holdings, Inc., 3811 Turtle Creek Turtle Creek may refer to: Streams
The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl. 75219; phone 214.521.3443; fax 214.520.0034. For media or investor relations Investor relations The process by which the corporation communicates with its investors. contact: The Investor Relations Group at 212/736-2650. Forward-Looking Statements: This news release contains forward-looking statements, which involve risks and uncertainties. Accordingly, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statement. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company. These factors include the Company's and its subsidiary's success in integrating the business and operations of acquired companies; no assurances of completion of an initial public offering based on regulatory reviews, market conditions and other factors; uncertainty relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Nasdaq SmallCap Market listing; implementation of Internet strategies; availability of suitable incubator companies; possible application of the Investment Company Act of 1940; the activities of new or existing competitors; the ability to attract and retain employees and strategic partners; adoption of the Internet as a medium of commerce, communications and education; application of state unclaimed property or escheat The power of a state to acquire title to property for which there is no owner. The most common reason that an escheat takes place is that an individual dies intestate, meaning without a valid will indicating who is to inherit his or her property, and without relatives who laws; transition of selling and distribution methods, the availability of capital on terms acceptable to the Company; general economic conditions; the market for the network software products; software development costs and 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. costs. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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