Comercis Shareholders Approve Merger With Rocky Mountain Financial Enterprises; Comercis Shareholders Pave Way For Consummation Of Merger.Business Editors, High-Tech Writers SOUTHLAKE, Texas--(BUSINESS WIRE)--Dec. 18, 2000 Comercis, Inc., announced today that at its Special Meeting of Shareholders held on Wednesday, December 13, 2000, the Comercis shareholders approved the company's merger with Rocky Mountain Financial Enterprises, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :RMFE RMFE Rat and Mouse Fanciers for Excellence RMFE Rack Mounted Fiber Enclosures (Panduit) ). Upon receipt of the Unanimous Consent In parliamentary procedure, unanimous consent, also known as general consent, is a situation in which no one present objects. The chair may state, for instance: "If there is no objection, the motion will be adopted. [pause] Since there is no objection, the motion is adopted. of the Directors of Comercis, which is expected shortly and the filing of all necessary documents with the states of Delaware Delaware, state, United States Delaware (dĕl`əwâr, –wər), one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island). and Colorado this merger will be consummated con·sum·mate tr.v. con·sum·mat·ed, con·sum·mat·ing, con·sum·mates 1. a. To bring to completion or fruition; conclude: consummate a business transaction. b. . This will have the effect of creating a publicly traded Internet applications company focused on the small to medium size business market for the sale and distribution of printed and online yellow page directories and Internet website applications. "We are excited about the progress we have made in executing our new 'clicks and mortar' business strategy," said Chris M. Meaux, 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. of Comercis, Inc. "This merger will give us new options to fuel our growth and expansion plans through the acquisition of independent directory publishers and other Internet technology companies, with the hope that we will be able to create significant value for our present and future shareholders." The new merged entity intends to change its name back to Comercis, Inc. as soon as possible. Until then, it will begin trading under the name Rocky Mountain Financial Enterprises, Inc. (OTCBB:RMFE). About Comercis Comercis, Inc., founded in 1998 and based in Southlake, TX., develops Internet software and provides the concept, creation, execution, promotion and management of web-sites for small businesses. The company is deploying its business-to-business Internet applications through Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. (ISP's), Application Service Providers (ASP's), Competitive Local Exchange Carriers (CLEC's), Independent Yellow Page directory publishers, business associations and tradeshow organizations around the world by way of its online local portal ( www.netcities.com ) and printed yellow page directories. Further information is available at www.comercis.com 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. Some of the statements contained in this release are forward-looking in nature. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks and other related factors detailed in RMFE's filings with the Securities and Exchange Commission which can be located at www.sec.gov. |
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