CyberRadio.com, Inc. and inChorus.com Complete Phase Two Due Diligence.Business Editors, Entertainment Writers FOUNTAIN HILLS, Ariz.--(BUSINESS WIRE)--Feb. 26, 2001 CyberRadio.com, Inc.(TM) (www.CyberRadio.com), a privately owned Internet radio Listening to audio broadcasts via the Internet. There are more than 4,000 broadcasts available on the Internet that can be streamed and played by a software media player in the computer or in a stand-alone Internet radio with the software built in. company with thousands of radio stations featured under its worldwide umbrella, announced today that inChorus.com (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ICHC ICHC I Can Has Cheezeburger (website) ICHC Iosco County Housing Commission (Michigan) ) (www.inchorus.com) and CyberRadio.com, Inc.(TM) have successfully completed the thirty- (30) day Phase Two 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. period. Both companies are pleased with the cooperation and information gathered during this period of time. With the successful completion of due diligence efforts by both companies we will now be able to focus on the generation of definitive agreements and documents to complete the acquisition process. CyberRadio.com, Inc.(TM) fully anticipates this third phase will be completed in the very near future. Catherine Martin, CyberRadio's Vice President of Special Markets stated, "the joint efforts of both companies has provided a number of great ideas for using the products, services and strengths of each other on an integrated basis. It is our intention to accelerate the introduction of new revenue streams directed to create greater shareholder value and to re-invent inChorus's future as a public company. This will be particularly true in the case of CyberRadio.com, Inc.'s(TM) Cyber Centers International division which features inChorus's rich media e-mail with voice, animation, sound and graphics designed to revolutionize marketing and advertising outcomes." Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. in this release are 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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological change, the company's dependence upon third-party suppliers, intellectual property rights and other risk detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission. |
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