City Network Shares Quoted On The OTC Bulletin Board Under the New Symbol CYNW.Business Editors/High-Tech Writers LAS VEGAS--(BUSINESS WIRE)--Jan. 14, 2003 Investment Agents, Inc. d/b/a City Network Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYNW) announced today that its shares are now being quoted under the symbol CYNW. The new ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors was issued in connection with its previously announced acquisition of City Network Technology, Inc. and its determination to conduct business under the City Network name. A Company spokesman stated, "Our new business name and new ticker symbol marks the beginning of an exciting and hopefully profitable journey for our company and its shareholders. We believe that public quotation of our common stock and access to the US capital markets is crucial for raising the company's profile and helping to ensure a bright business future." City Network Technology Inc. is focused on developing and producing a wide array of broadband internet access Broadband Internet access, often shortened to just "broadband", is high speed Internet access—typically contrasted with dial-up access over modem. Dial-up modems are generally only capable of a maximum bitrate of 56 kbit/s (kilobits per second) and require the full use of a products including phone-line, wireless and fiber solutions for users in the Pacific Rim. City Network currently maintains product packages in three core areas: Home PNA PNA Palestinian National Authority PNA Phoneline Networking Alliance PNA Peptide Nucleic Acid PNA Personal Navigation Assistant PNA Pacific/North American PNA Polish National Alliance (established 1880 in Chicago, Illinois) , VDSL See DSL. VDSL - Very high bit-rate Digital Subscriber Line and Wireless. "We are dedicated to providing the most comprehensive product solutions to our customers and to create exceptional shareholder value for our investors," remarked the spokesman. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company's operations, markets, services, products and prices. With respect to City Network, except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, City Network's extremely limited operating history, uncertainties related to the Company's access to additional capital, competition and dependence on key management. |
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