Cosmoz.com, Inc. Moves to Larger Headquarters to Accommodate Growth.Business Editors & High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--March 6, 2000 Cosmoz.com, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CMOZ), a leading Internet holding and venture company that funds, acquires and monetizes various Internet properties, today announced that the Company moved its headquarters to a new location at 1515 South El Camino Real El Camino Real (Spanish for The Royal Road or The King's Highway) was the name of a series of pre-automobile highways linking the various New World colonies of Spain:
The location is easily accessible from 3 major thoroughfares: Highway 92, Interstate 101 and Highway 280. The new headquarters, nearly three times the size of the previous one, can accommodate Cosmoz.com's rapid expansion plans. The Company is recruiting aggressively to meet increased staffing needs. A key factor of the move is the new location's ability to support a high-volume communications infrastructure. Also, the Company plans to leverage the high-traffic business location by placing prominent signs on the building's exterior, contingent on Adj. 1. contingent on - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent upon, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent city approval. "We are excited about Cosmoz.com's new headquarters, situated in the heart of Silicon Valley. This ideal location allows the Company to tap into the employee pools from San Francisco to San Jose," stated Wilfred Shaw, 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. of Cosmoz.com. "With larger office space, the Company will be able to fill its immediate and future human resource needs. This will enable Cosmoz.com to better focus on products, investments, and revenues, increasing the overall value of the Company," added Justin Keener, director and chief operations officer. 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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