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Company Announces Name Change to GSO Solutions Inc. to Reflect its Strategic Move Towards Becoming a Complete e-commerce Solution Provider.


Business Editors and Technology Writers

VANCOUVER, British Columbia--(BUSINESS WIRE)--March 29, 2000

Globalstore.com Incorporated. (CDNX CDNX

See Canadian Venture Exchange (CDNX).
:GSO GSO
abbr.
general staff officer
) announced today that pursuant to a special resolution passed by shareholders at the company's annual general meeting held on March 24, 2000, the company has changed its name from GlobalStore.com Incorporated to GSO Solutions Inc.

The name change more aptly reflects the company's new direction in business.

GSO Solutions Inc. has developed a sophisticated, enterprise-scale electronic commerce framework. The company's e-commerce solution provides clients with the ability to efficiently incorporate time-to-market value added Value Added

The enhancement a company gives its product or service before offering the product to customers.

Notes:
This can either increase the products price or value.
 components to their on-line businesses. Based on a license and services fee structure, the company's e-commerce framework is an important component of the company's business structure along with e-commerce sales and management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business
service industry - an industry that provides services rather than tangible objects
.

GSO Solutions' e-commerce framework is built upon Microsoft's Distributed interNet Applications architecture.

On behalf of the Directors

of GSO Solutions Inc.

Steven Stout

President

For information with regard to GSO Solutions Inc. or the contents of this news release, contact Matt Fleming for Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 toll free at 877/736-7570 or by e-mail at ir@globalstore.com.

This news release contains forward looking statements regarding the company's business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . Actual results may differ materially from these statements and projections depending on such key factors as, financing, market conditions, pricing and other competitive factors.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 29, 2000
Words:218
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