Corporate Name Change to Westergaard.com, Inc. Approved For Internet Research Publisher.
Trading Symbol Remains WSYS; Appointment of Seven Senior Contributing Analysts Announced; Westergaard's Portal-to-Wall
Street Scheduled For Activation April 5th
Westergaard Online Systems, Inc. (WSYS) has begun trading under a new corporate title, Westergaard.com, Inc. (OTCBB:WSYS), following shareholder approval of the name change and completion of appropriate filings with NASDAQ and other agencies.
Publisher/CEO John Westergaard stated: "Westergaard.com has been our Internet URL (universal resource locator) since mid-1995 when a transition of publishing activities from fax broadcasting to the Internet was initiated. Adding `.com' to the corporate title is appropriate now that Internet publishing is the core business. The trading symbol WSYS remains unchanged."
Westergaard continued: "Following completion of a $2 million private placement in January, Westergaard Broadcasting Network.com (WBN) www.wbn.com has been engaged in forming the first Internet-based institutional research firm. Seven senior analysts from top line firms such as Smith Barney, J.P. Morgan, Argus Research, Elfun Trusts (GE), and Red Chip Review have accepted invitations to join WBN as Contributing Analysts. They will carry responsibility for managing research cyberstations in a proprietary format designed to define and protect public companies on the Internet."
Marketing of the service under direction of Executive VP Walker Wainwright began March 1st. "Analysis of the market," according to Wainwright, "indicates there are literally thousands of micromidcap companies needing to be professionally defined to online investors and protected from anonymous posting of rumors and fraudulent information on Internet message boards."
In addition to Westergaard Broadcasting Network.com, WSYS operates Westergaard Year 2000 www.y2ktimebomb.com , one of the most popular destination sites on the Internet for information and analysis of the Y2K Millennium Bug. Activation of a third channel, Westergaard's Portal-to-Wall Street, is scheduled for April 5th. It will provide investors with a comprehensive gateway to financial sources on the Internet in a uniquely user friendly format.
WSYS will file to become a full SEC reporting company. An investor profile may in the meanwhile be requested by email to email@example.com or by fax to Laurena Allan at 212-947-6643.
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|Date:||Mar 10, 1999|
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