Cosmoz.com, Inc. Appoints Owen M. Naccarato to Its Board of Directors.Business Editors & High-Tech Writers SAN MATEO, Calif.--(BUSINESS WIRE)--March 20, 2000 Cosmoz.com, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMOZ), a leading Internet holding and venture company that funds, acquires and monetizes various Internet properties, announced today that the company has appointed Owen M. Naccarato, C.P.A., M.B.A., J.D., to Cosmoz.com, Inc.'s Board of Directors. Naccarato specializes in all SEC compliance issues for companies listed on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , AMEX AMEX See: American Stock Exchange and NYSE NYSE See: New York Stock Exchange stock exchanges. Naccarato has extensive experience with initial public offerings, private placements, and all related regulatory matters. Most recently, Naccarato held the position of chief financial officer and corporate counsel for Kaire Holdings Inc. (OTCBB:KAHI). During his 25-year professional career, Naccarato held positions as chief financial officer for Bikers Dream, Inc. (Nasdaq:BIKR ) a motorcycle assembler and parts distributor; vice president and controller for Baxter Healthcare, Inc., a division of Baxter International (NYSE:BAX), a health care manufacturer and distributor with revenues of several billion dollars; as well as other financial and systems-related management positions for NYSE traded companies, including GE Capital and Tiger International, in the manufacturing, leasing, consumer/commercial financing and real estate industries. Naccarato is a member of the California State Bar Association, the Los Angeles and Orange County Bar Associations, plus their business and corporate law sections. Naccarato is a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , having articled in the State of Illinois in 1977. "Mr. Naccarato's securities experience and legal background brings a wealth of resources to our Company," said Cosmoz.com's Chairman and 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. , Wilfred Shaw. About Cosmoz.com, Inc. Cosmoz.com is a leading Internet holding and venture company that funds, acquires and monetizes various Internet companies. Primarily focused on investing in business-to-business (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 ) Internet companies, Cosmoz.com is at the cutting-edge of the Internet revolution. The Company's strategic business model allows it to capitalize on the future value, growth and technology of tomorrow's leading Internet companies. Cosmoz.com is a publicly traded Company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. under the symbol "CMOZ." Cosmoz.com's strategy of investing in early-stage Internet companies at favorable valuations facilitates growth, synergy and value; and allows the Company to maximize return on its investments and the Cosmoz.com network as a whole. Cosmoz.com has invested in more than 15 leading Internet-related properties and is constantly growing. This news release may contain forward-looking statements made pursuant to the "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. " 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. While these statements are made to convey to the public the Company's progress, business opportunities, and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representation to be true and accurate based on the information available to the Company, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are set forth in Cosmoz.com, Inc.'s periodic filings with the U.S. Securities and Exchange Commission. |
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