Corporate Vision Inc. Announces Internet Information Clearing House for Investors.TULSA, Okla.--(BUSINESS WIRE)--Feb. 3, 1999--Corporate Vision Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CVIA CVIA Computer Virus Industry Association ) today announces the first of several planned Internet banking services, IPOSITE.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. . IPOSITE.COM is an on-line information clearing house that offers a unique opportunity for investors to download Initial Public Offering ("IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. ") prospectuses. IPO downloads will not only include Corporate Vision's IPO candidates, but prospectuses from all other IPO underwriters. In addition to prospectus downloads, IPOSITE.COM will provide daily updates, news articles, pre-IPO opportunities, investor message boards, SEC filings and other investor information covering all companies on the IPO calendar. Corporate Vision Inc. recognizes that investors want more than the IPO summaries provided by other Web sites; they want complete information about upcoming IPO companies. IPOSITE.COM was created to fill this information void by providing the same information and due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. access that Mutual Funds, Money Managers, Banks and Brokerage Firms have. IPOSITE.COM will help investors research, plan, and, in some cases, provide information that may allow them to purchase a company's stock directly from the Underwriter(s) (before it trades publicly) in "Pre-IPO offerings." As a result, IPOSITE.COM will be the on-line investment bridge for investors who want the opportunity to participate in IPO offerings on a more level playing field See net neutrality. , and who otherwise would be shut out for lack of information and direct access to the underwriting firms. All information on this site will come directly from the Underwriting Syndicates Underwriting syndicate A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter. underwriting syndicate See syndicate. , Investment Bankers, and other information sources on a voluntary basis. Corporate Vision's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , K. A. Anderson, issued these comments: "IPOSITE.COM was initially envisioned as an in-house shareholder information site for Corporate Vision's IPO calendar. But as we looked at other comparable sites on the Internet, we realized that investors had a real need for a centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. information "clearing house" in doing their investment research and due diligence, especially for small and micro-cap stocks. For this reason, we decided to expand the scope of IPOSITE.COM to serve not only CVIA shareholder needs, but all investors' IPO needs." Mr. Anderson Mr. Anderson can refer to several fictional characters:
Corporate Vision believes there is a convergence underway between on-line investment banking and on-line trading. IPOSITE.COM was created to serve the individual investor's informational needs, and is in keeping with Corporate Vision's mission to be at the forefront of this e-investment convergence. IPOSITE.COM will operate as an independent subsidiary of Corporate Vision Inc. and will not in any way alter Corporate Vision Inc.'s core business focus of providing investment/merchant banking services to highly successful and promising private companies who want to go public. IPOSITE.COM will also offer services to private companies which are seeking private funds and Direct Public Offerings (DPOs). Corporate Vision Inc. is a fully reporting company with the SEC. This press release contains forward-looking statements with respect to the results of operations and business of the company that involve risks and uncertainties. Risks and uncertainties of the company are detailed from time to time in the company's filing with the Securities and Exchange Commission. |
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