Corporate Vision, Inc. To Relocate In Charleston, South Carolina; Local Subsidiary Has Record Year In 2001.Business Editors/Hi-Tech Writers TULSA, Okla.--(BUSINESS WIRE)--Jan. 24, 2002 Corporate Vision, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CVIA CVIA Computer Virus Industry Association ) (the "Company") announced today that it would commence relocating its corporate offices from Oklahoma to Charleston, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. . The move, effective February 1, 2002, will place the Company in close proximity to its wholly owned South Carolina subsidiary, Southeastern Research & Recovery, Inc. ("SRR SRR Short-Range Radar SRR System Requirements Review SRR Shaped Round Robin (queuing protocol for Cisco routers) SRR Special Reconnaissance Regiment (British Army) SRR Split Ring Resonator "), as well as position the Company near one of the nation's largest shipping ports for its pending acquisition of Stony's Trucking Co., Inc. Stony's, through its subsidiary, B-Right Intermodal Transport Intermodal transport (or intermodal transportation) involves the use of more than one form of transport for a journey. See:
Ehrhardt is located at (33.095899, -81.013226)GR1. . The relocation will provide the necessary local presence and offices for a structured and stable expansion for the Company, Stony's, and subsidiaries. Stony's currently generates annual revenues in excess of $40 million. SRR, based on initial un-audited financials, comes off a record year in 2001, with annual revenues of approximately $1.9 million. The growth represents a near 20% increase from $1.6 million in 2000 and $1.47 million in 1999. Corporate Vision, Inc. is a growth-oriented, business venture company, with current holdings and investments in technologies, transportation and the environment. To receive press releases and information on Corporate Vision, Inc. via email or fax, please sign up at http://www.iccinfo.com/ICC Pages/IndexGet Info.html, call 800-511-4214, or email craig@iccinfo.com. 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. Statement under 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: The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe Corporate Vision's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond Corporate Vision's control, will affect actual results. Corporate Vision undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with Corporate Vision's annual report on Form 10-KSB for the fiscal year ended December 31, 2000 and other filings with the U.S. Securities and Exchange Commission by Corporate Vision. |
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