Corbel Holdings Inc. Is New Name for Former Pinnacle Business Management Real Estate Unit.Business Editors CLEARWATER, Fla.--(BUSINESS WIRE)--May 3, 2001 All Stock of Summit Property Group Inc. to Be Exchanged for Shares of Corbel corbel Block or brick partially embedded in a wall, with one end projecting out from the face. The weight of added masonry above counterbalances the cantilever and keeps the block from falling out of the wall. Holdings Pinnacle Business Management Inc. (Pink Sheets:PCBM PCBM Phenyl C61 Butyric Acid Methyl Ester PCBM Passive Common Berthing Mechanism (NASA/ISS) PCBM Physics Chemistry Biology Mathematics (college courses) ) and Summit Property Group Inc. today announced that the name of Summit Property Group has been changed to Corbel Holdings Inc. The name change became necessary when it was learned that the original name created confusion with Summit Properties Inc. (NYSE NYSE See: New York Stock Exchange :SMT (1) (Surface Mount Technology) See surface mount. (2) (Station ManagemenT) An FDDI network management protocol that provides direct management. Only one node requires the software. SMT - Station Management ), an unrelated entity and registrant. Neither Summit Property Group, Corbel Holdings nor Pinnacle Business Management has any connection with Summit Properties. The name change was effective on April 30, 2001. A formal announcement of the name change will be sent to shareholders of record along with instructions for how to exchange shares issued in the name of Summit Property for shares issued in the name of Corbel Holdings. About Pinnacle Business Management Pinnacle Business Management (Pink Sheets:PCBM) commenced operations in 1996 in Florida. The company operates Fast PayCheck Advance, a firm that offers instrument-for-instrument paycheck advance transactions. Fast PayCheck Advance is licensed to operate in nine states. The company also operates the All Pro Group of Cos., a collection of interrelated in·ter·re·late tr. & intr.v. in·ter·re·lat·ed, in·ter·re·lat·ing, in·ter·re·lates To place in or come into mutual relationship. in businesses in western Pennsylvania that includes several automobile and telecommunications entities. For more information, call Cynthia Mandel at 954/973-3493. 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. for forward-looking statements: Except for historical information contained herein, statements in this news release are forward-looking statements that are made pursuant to the safe-harbor provisions of 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. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from the forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves, and the company's ability to replace and expand its holdings. |
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