Datascension Improperly Listed on Berlin-Bremen Stock Exchange; Demands Immediate Delisting.Business Editors LAS VEGAS--(BUSINESS WIRE)--May 5, 2004 Datascension, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DTSN DTSN Seaman, Dental Technician Striker (Naval Rating) DTSN Digital Tandem Switching Network (AT&T) ) today announced that the Company has been improperly listed on the Berlin-Bremen Stock Exchange ("BBSE BBSE Bull Breeding Soundness Evaluation BBSE Bilateral Breath Sounds Equal (pulmonary examination finding) BBSE Brigade/Battalion Staff Exercise BBSE Ballyboden St. Enda's (Dublin, Ireland) "). The Company, upon learning of this action, immediately demanded through legal counsel that this listing be removed. "The Company recently learned that Datascension has been listed on the BBSE. This listing was not at the request of the officers or the directors of the Company nor had the Company made any enquiries to be listed on the BBSE," stated Murray Conradie, 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 Datascension, Inc. "This was done without our knowledge or consent, and attorneys for Datascension have sent a letter to the BBSE demanding immediate removal of Datascension from their exchange and evidence of who was ultimately behind the listing." Management reminds shareholders and broker-dealers, that shares of Datascension no longer clear through the DTC DTC See: Depository Transfer Check DTC See: Depository Trust Company DTC See Depository Trust Company (DTC). and that all trading is by physical delivery of certificates only. All Datascension stock certificates are now required to bear the name of the beneficial owners due to an amendment to the Company's bylaws The rules and regulations enacted by an association or a corporation to provide a framework for its operation and management. Bylaws may specify the qualifications, rights, and liabilities of membership, and the powers, duties, and grounds for the dissolution of an . Furthermore, all shares of Nutek, Inc., formerly held by the DTC in its nominee name Nominee Name A name that is used by the corporation as a generic registered owner on a stock or bond certificate. The use of nominee names makes the processing of security transfers easier. , Cede and Co, on the books of the Company, have been converted into certificates reflecting the new name of Datascension, Inc., and new CUSIP number of the Company. Because all of the shares previously issued in the name of Cede and Co under the name Nutek Inc, have been exchanged, there will be no further exchanges of shares held in street name under the name of Nutek, Inc. Investors looking to purchase shares of Datascension, Inc., should only purchase their shares via the Over the Counter: Bulletin Board (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BB) market under the symbol DTSN. About Datascension Datascension, a premier data solutions company with headquarters in Las Vegas, NV, and Brea, CA, embodies a unique expertise in the collection, storage, processing and interpretation of marketing data. Employing hundreds of bilingual professionals, the company is rapidly becoming one of the largest Spanish-speaking call centers. Datascension's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments. Safe Harbor Statement under 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: Certain statements contained in this press release are forward-looking statements and information relating to the company that is based on the beliefs of the management of the company, as well as assumptions made by and information currently available to the management of the company. Such statements reflect the current views of the company with respect to future events, and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. |
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