Continental Choice Care Announces Strategic Alliance.Business Editors/Hi-Tech Writers MORRISTOWN, N.J.--(BUSINESS WIRE)--March 23, 2000 Continental Choice Care, Inc. executes letter of intent to form strategic alliance with leading IT Provider, Alliant Technologies, Inc. to support the establishment of an Internet Incubator incubator, apparatus for the maintenance of controlled conditions in which eggs can be hatched artificially. Incubator houses with double walls of mud, a fireroom, and several compartments each holding about 6,000 hens' eggs were developed in ancient times; the . Continental Choice Care, Inc. (NASDAQ-CCCI), a Nasdaq Small Cap company, previously in the healthcare services industry and currently engaged in a personal services personal services n. in contract law, the talents of a person which are unusual, special or unique and cannot be performed exactly the same by another. These can include the talents of an artist, an actor, a writer, or professional services. business announced today that it has executed a letter of intent to form a strategic alliance with Alliant Technologies, Inc. Through this proposed alliance, CCCI CCCI Campus Crusade for Christ International CCCI Cebu Chamber of Commerce and Industry (Philippines) CCCI Central Criminal Court of Iraq CCCI Crossroads Christian Communications Inc. expects to invest in early stage Internet companies. "We have been looking at a plethora plethora /pleth·o·ra/ (pleth´ah-rah) 1. an excess of blood. 2. by extension, a red florid complexion.pletho´ric pleth·o·ra n. 1. of opportunities in which to deploy capital and enhance shareholder value," says Steven L. Trenk, President "and we've decided to harness the energy behind the Internet and focus on 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 e.commerce, wireless and/or broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). opportunities. We intend to establish an Internet Incubator and provide our management expertise and capital to one or more early stage companies who can benefit from our strengths and resources." "We expect to embark on Verb 1. embark on - get off the ground; "Who started this company?"; "We embarked on an exciting enterprise"; "I start my day with a good breakfast"; "We began the new semester"; "The afternoon session begins at 4 PM"; "The blood shed started when the partisans this venture with the establishment of a strategic alliance with Alliant Technologies. Alliant Technologies is a leading provider of Internet technology solutions for business. By offering a complete range of services, including Strategic Business Consulting, E-commerce Application Development, Business Process Engineering, and Infrastructure Engineering, Alliant Technologies has helped many companies harness the power of the Internet. Staffed by a large number of the New York/New Jersey region's best technology consultants, application developers and systems engineers, Alliant Technologies has designed, built and deployed complete Enterprise Solutions for a number of fast growing dot.com companies as well as Fortune 1000 enterprises in the financial, consumer products, healthcare, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and media industries." "CCCI has proven its ability to build successful teams and develop dynamic opportunities. We are committed to a new focus on the Internet. We believe this new E.frontier still offers limitless potential for exploration and gain and we owe it to our shareholders not to limit the potential from application of the company's resources," says Trenk. CCCI is anxious to consider any early stage Internet oriented o·ri·ent n. 1. Orient The countries of Asia, especially of eastern Asia. 2. a. The luster characteristic of a pearl of high quality. b. A pearl having exceptional luster. 3. opportunities which have progressed beyond a concept and are seeking management expertise and financing. The letter of intent is subject to the preparation and execution of definitive agreements. This press release contains forward looking statements which involve numerous risks and uncertainties. The Company's actual results could differ materially from those anticipated in such forward looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission. |
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