Cyberedge Enterprises Changes Name to Wayne's Famous Phillies, Inc., Receives New Trading Symbol.Business Editors VIRGINIA BEACH Virginia Beach, resort city (1990 pop. 393,069), independent and in no county, SE Va., on the Atlantic coast; inc. 1906. In 1963, Princess Anne co. and the former small town of Virginia Beach were merged, giving the present city an area of 302 sq mi (782 sq km). , Va.--(BUSINESS WIRE)--March 28, 2003 Cyberedge Enterprises, Inc. announced that it has filed an amendment to its certificate of incorporation certificate of incorporation n. some states issue a certificate to prove a corporation's existence upon the filing of Articles of Incorporation. In most states the Articles are sufficient proof. changing the name of the company to Wayne's Famous Phillies, Inc. In addition, the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). has assigned a new trading symbol Trading symbol See: Ticker symbol "WFPI" for the company effective March 11, 2003. As previously announced in February 2003, Cyberedge completed the acquisition of the business of Wayne's, which currently operates two fast food retail facilities specializing in Philly style cheese steaks in the Virginia Beach, Virginia Virginia Beach is an independent city located in the South Hampton Roads area in the Commonwealth of Virginia, on the shores of the Chesapeake Bay and the Atlantic Ocean. It is the most populous city in Virginia and the 41st largest city in the United States, with an estimated area. In conjunction with the acquisition, the Company's headquarters has relocated to 3500 Virginia Beach Blvd., Suite 415, Virginia Beach, VA. 23464. Tony A. Hill, Wayne's new President and Director explained that his immediate focus is to continue to expand the Wayne's style concept to additional locations within existing Car Spa automobile servicing locations throughout the South and Southeastern U.S. Wayne's presently operates a store within Car Spa's Virginia Beach facility and is expecting to commence the build-out for its third location within the Car Spa facility in Atlanta, Ga. shortly. Except for historical matters contained herein, the matters discussed in this press release are forward-looking and 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 these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Wayne's Famous Phillies, Inc. and its subsidiary businesses and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Wayne's Famous Phillies, Inc. short operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms. |
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